GBP/USD: Bears Headed for the Previous Low
Three weeks ago, we talked about the GBPUSD pair, according to which a global corrective […]
WTI Oil: Bull-Trap and Reversal Pattern Warn of Deeper Pullback
The WTI oil remains at the back foot for the third consecutive day and extends […]
US Oil Tests Key Resistance
WTI crude steadies as Russia bans countries that abide by the Western price cap. On […]
XAU/USD Grinds Rising Trend Line
Bullion remains sideways as the US dollar attempts to claw back losses near year’s end. […]
FTSE 100 to Close the Year in the Positive, While S&P500 Lost a Fifth of its Value
The good news with China’s reopening is that it should boost global growth. The bad […]
Elliott Wave Projects Further Downside in DAX
Short term, Elliott wave view in DAX suggests cycle from 9.28.2022 low has ended with […]
WTI oil down as China boost fades
Oil prices closed lower overnight as the near term rebound appeared to be fading. The […]
Crude Oil Price Trims Gains, Gold Faces Key Hurdle
Key Highlights Crude oil price started a fresh decline from the $81 resistance. It broke […]
USD/JPY: Christmas Week Recovery Rally May Soon Stall Out
At the start of last week, forex traders were expecting to ease into the holidays […]
Dow Jones, S&P 500 Outlook: Stocks May Fall as Retail Traders Boost Long Exposure
The Dow Jones and S&P 500 have been falling recently, pushing retail traders to increase […]
NASDAQ closed at new 2022 low, but a turnaround soon?
NASDAQ closed at new 2022 low at 10213.28 overnight as investor sentiment turned sour in […]