Market Morning Briefing: Dollar-Yen Has Been Dragged Down By Weakness In The Dollar
STOCKS Resistance at 33550 on the Dow is holding in line with our expectation. A break below 33000...
Gold Resumes Recovery, Double-Bottom Underpins
Spot gold rose to the highest in more than one week on Tuesday, resuming recovery leg from $1677...
S&P 500 Outlook: Consolidating Under New Record High
The S&P index is consolidating under new record high, posted after 1% rally on Monday, sparked by upbeat...
WTI Futures Range-Bound But Bearish Tone Threatens Outlook
WTI oil futures are currently tackling the direct support zone of 58.86-59.58 on the four-hour chart, although remain...
EUR/USD Outlook: Recovery Regains Traction and Cracks Pivotal Barriers
The Euro jumped to a one-week high as the dollar was sold in early US trading on Monday....
EURUSD Flickers Red below 200-day SMA
EURUSD’s correction below the 200-day simple moving average (SMA) is transmitting a growing bearish tone. The falling 50-day...
USDCHF Jittery ahead of Long-Term Restrictive Line
USDCHF’s attempts to navigate towards the looming long-term restrictive trend line may not be in vain, even though...
US 30 Index Resumes Bullish Bias; Upside Risks Improve
The US30 stock index (Cash) has currently crept over the all-time high of 33,253 and is headed for...
GBPJPY’s Opposing Forces Fail to Oust Bullish Tone
GBPJPY is sustaining its upward trajectory reaching a 35½-month high of 153.20, and bearish powers seem to be...
XAU/USD Outlook: Gold Extends Recovery But Break Above $1755 Required to Sideline Bears and Signal a Double-Bottom
Spot gold extends strong rebound into second consecutive day after another short-lived probe below psychological $1700 level. The...
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