AUDUSD Completes ‘Death Cross’ But Bullish Structure Intact
AUDUSD has been marching higher after finding its feet at the 22-month low of 0.6828 in early May....
GOLD ( $XAUUSD) Forecasting The Rally After Elliott Wave Zig Zag Pattern
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave...
GBPJPY Bullish Impetus Tackles Upper Bollinger Band
GBPJPY is attempting to push north of the high of 163.57 from the 5 May, coincidently where the...
EURAUD Penetrates the Uptrend Line But Finds Support at 23.6% Fibo
EURAUD is currently rebounding off the 23.6% Fibonacci retracement level of the down leg from 1.6220 to 1.4320...
GBP/USD: Cable Remains Constructive But Downside Still Vulnerable; US Jobs Data in Focus
Cable is moving within a narrow range in early Friday and remains constructive after Thursday’s 0.75% advance. Technical...
EURGBP Defends Series of Higher Highs; Eyes on 0.8594
EURGBP has been gradually gaining ground over the past week, with the 20-day simple moving average (SMA) buffering...
Bank of Canada Hikes Rates 50bps. Will Act More Forcefully If Needed!
Although the Bank of Canada raised rates by only 50bps today, the statement was clearly hawkish. The Bank...
USDJPY Wave Analysis
USDJPY reversed from support level 127.00 Likely to rise to resistance level 129.65 USDJPY recently reversed up from...
GBP/USD: Pound Eases on Weak Data, Firmer Dollar
Cable holds in red on Tuesday, as dollar rose on month-end demand, while weaker than expected UK mortgage...
AUDUSD’s Sturdy Two-Week Rally Tries to Keep Pace
AUDUSD is starting to ease from the upper Bollinger band that is around the 0.7200 hurdle, after recent...
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