GBP/USD Outlook: Cable Stands At The Back Foot Following No Breakthrough In Trade Talks
Early Thursday’s action is keeping negative tone but long shadows on daily candles in past few sessions signal...
WTI OIL: Oil Prices Drop on Unexpectedly Strong Build in Weekly Crude Inventories
WTI oil fell over $1 after EIA report showed US weekly crude inventories rose by 15.2 million barrels...
EURGBP’s Clear Direction Curbed as Recent Gains Fade
EURGBP is receding beneath the 50-day simple moving average (SMA) at 0.9012, residing between the converging 100- and...
Elliott Wave View: S&P 500 Pullback Should Be Supported
S&P 500 (SPX) Elliott Wave View suggests the rally from October 31 low is unfolding as a 5...
USDCAD Pauses Descent but Maintains Bearish Tone
USDCAD is trading around the 1.2782 trough, aggressively formed in October of 2018, which is freezing its negative...
US Dollar Index Holds Near 32-month Trough; Strongly Negative
The US dollar index has been in a significant bearish tendency since March 3 and last week the...
Elliott Wave View: GDX Ended Correction And Ready To Resume Higher
Elliott Wave view in $GDX suggests that the Gold Miner Index ended cycle from March low in wave...
Euro Still Ready to Risk
On Monday, December 7th, the main currency pair is growing, trading at 1.2132, and confirms the strength of...
Gold Price Broke The $1,820 Level To Move Into A Positive Zone
Gold price started a steady increase above the $1,800 resistance against the US Dollar. The price even traded...
Market Morning Briefing: Aussie Is Attempting To Remain Above 0.74
STOCKS Equities continue to move higher but will have limited room on the upside from here. As such...
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