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 […]
USD/JPY: Recovery Shows Initial Signs of Stall
The USDJPY remains at the front foot and rose to one-week high on Wednesday, but […]
GBPJPY Wave Analysis
GBPJPY reversed from support level 159.60 Likely to rise to resistance level 162.95 GBPJPY currency […]
AUD/JPY extends rebound, hopeful for bounce in Chinese tourists
Australian Dollar is among the strongest ones for today, and appeared to be give a […]
AUD/USD IG Client Sentiment: Our data shows traders are now net-short AUD/USD for the first time since Dec 15, 2022 when AUD/USD traded near 0.67.
Traders are further net-short than yesterday and last week, and the combination of current sentiment […]
EUR/USD: A deep correction tends to 1.090
In the long term, the EURUSD currency is expected to form a bearish cycle impulse, […]
Swiss Franc Showing Strength
Market activity is subdued on Wednesday in thin post-holiday trade. In the European session, USD/CHF […]
GBP/USD Started a Downside Correction
The British Pound started a downside correction from the 1.2120 zone against the US Dollar. […]
WTI oil down as China boost fades
Oil prices closed lower overnight as the near term rebound appeared to be fading. The […]