EUR/GBP: Bulls Expected to Resume After Extended Consolidation
The cross firmed on Thursday after Wednesday’s close in red but continues to face headwinds […]
US ISM Manufacturing Survey and Fed Minutes Kick Off the Trading Year in High Fashion
The new trading year starts on a high note as the crucial non-farm payrolls print […]
CAD/JPY rejected by channel resistance, heading back to 95.83
CAD/JPY is one of the top moves today, following Yen’s recovery, as well as weakness […]
British Pound Quiet as a Mouse
The British pound has shown little movement since before Christmas and remains quiet on Thursday. […]
Japanese Yen Rebounds on BOJ Purchases
The Japanese yen has posted gains on Thursday, putting the brakes on this week’s dollar […]
OIL ( $CL_F ) Forecasting The Decline After Elliott Wave Zig Zag
Hello fellow traders. In this technical blog we’re going to take a quick look at […]
US initial jobless claims rose to 225k, matched expectations
US initial jobless claims rose 9k to 225k in the week ending December 24, matched […]
GBP/USD: Near-term Action Remains in a Narrow Range and Looks for Fresh Direction Signals
Cable continues to trade within a narrow range for the sixth consecutive day, with psychological […]
EUR/USD: Larger Bulls to Remain in Play Above Broken Pivotal Fibo Barrier
The Euro trades in an extended directionless, narrow-range mode, but underlying bullish structure remains intact, […]
AUDUSD Stays Trapped Below Familiar Resistance
AUDUSD set another foothold around the two-month-old ascending trendline last week, correcting higher to test […]
WTI Oil Futures Retreat after 50-day SMA Rejects Advance
WTI oil futures (February delivery) have been stuck in a downtrend since June but managed to bounce […]
Gold: Bulls Gaining Traction for Eventual Break Higher After a Three-Week Pause
Gold regained traction after a bearish close on Wednesday, with fresh strength being driven by […]