GBP/USD Outlook: Bulls Face Strong Headwinds at Pivotal 1.30 Resistance Zone, Keeping the Downside at Risk
Cable fell to session low (1.2915) as bulls lost traction after probing through 1.30 barrier for the first...
Elliott Wave View: Dow Futures (YM) Looking To Extend Higher
Elliott Wave view in Dow Futures (YM) suggests that the rally from March 23, 2020 low remains in...
Euro Slowly Growing
On Monday, October 5th, the major currency pair is gaining in weight and moving at 1.1731. The market...
GBP/USD Outlook: Upbeat Data And Brexit Hopes But Bulls May Face Strong Headwinds At Key 1.30 Resistance Zone
Cable rose on Monday, lifted by fresh risk sentiment on news that President Trump would leave the hospital...
Gold: Consolidation Remains Despite Total Gold Held By ETFs Near the Record Level
Total gold held by ETFs rose 34% this year to 110.90 million ounces as of October 1, approaching...
AUD/USD Dips After Retail Sales Slide
The Australian dollar’s rally has hit the pause button on Friday, after a disappointing release from Retail Sales....
EUR/TRY 4H Chart: Ascending Channel In Sight
The EUR/TRY currency pair has been trading upwards within an ascending channel since the beginning of August. From...
XAU/USD Analysis: Tests Monthly PP
Since Thursday, the XAU/USD exchange rate has been trying to exceed the monthly PP at 1,909.25. Given that...
USD/JPY Analysis: Trades Below 105.40
On Thursday, the USD/JPY currency pair tumbled significantly to the weekly PP at 105.12. During today’s morning, the...
GBP/USD Analysis: Supported By 55– And 100-Hour SMAs
Since yesterday, the GBP/USD exchange rate has been piercing the upper line of the medium-term descending channel. Given...
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