WTI Futures Extend Advance as Positive Momentum Strengthens
WTI oil futures (July delivery) have been in a sustained uptrend since the 92.60 region rejected any further...
GBPJPY Rangebound after Decline Halts
GBPJPY has experienced a sharp decline after peaking at the six-year high of 168.41 in early April. However,...
USDJPY’s Retracement Opposed by Soaring 50-day SMA
USDJPY is trading around the lower Bollinger band residing within a support zone which is linking the 127.34...
Elliott Wave Analysis: EUR/USD Has Room for Higher Prices
The USD is moving lower across the board as gap between FED and other CB is narrowing. We...
NZDUSD Increases above 0.6500 in Short-term Bounce
NZDUSD is ticking higher above 0.6500 again after the bounce off the two-year low of 0.6214. The technical indicators...
US 500 Index’s Downside Bearing Curbed as Buyers Step In
The US 500 stock index (Cash) is trading near the red Tenkan-sen line at 3,952 following an increase...
Commitment of Traders Report (COT): CHF Bears Begin to Capitulate
Whilst the COT report shows us traders were their most bearish on CHF futures in 6-months, recent events...
EUR/USD: Improving Techs Point to Further Short-Squeeze, But Fundamentals Still Rule
The Euro is standing at the back foot on Friday, following 1.2% advance on Thursday, but dips were...
EUR/USD Pair Moved into a Positive Zone from $1.0420
The Euro started a fresh increase from the 1.0420 support zone against the US Dollar. The EUR/USD pair...
GBPJPY Tackles 50.0% Fibonacci after Bouncing Off 100-MA
GBPJPY is confronting the 159.69 barrier, which is the 50.0% Fibonacci retracement level of the uptrend from 150.96...
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