USD/JPY Remains Below Weekly R1
On Thursday, the USD/JPY currency pair tested the support formed by the 200-hour SMA and the monthly PP...
GBP/USD Might Consolidate
Yesterday, the GBP/USD exchange rate tested the support level formed by the weekly and monthly PPs at 1.3250....
EUR/USD Tests Resistance Level
On Thursday, the EUR/USD currency pair reversed north from the lower line of the medium-term ascending channel. During...
Gold Supported By The Rising Trend Line
The precious metal remains weak as price fell for the second day. However, the pace of declines was...
Copper Futures Stop at 26-Month Highs; Positive Risks May Fade
Copper futures reached overbought levels according to the RSI and reversed lower after touching the 26-month peak of 3.0898 achieved...
Dollar Index Outlook: Dollar’s Recovery Could Extend Towards Key Fibo Barrier at 94.03
The dollar eased from recovery high (93.06) in immediate reaction on better than expected US jobless claims data....
GBP/USD: Watch 1.3250
Pivot (invalidation): 1.3370 Our preference Short positions below 1.3370 with targets at 1.3280 & 1.3250 in extension. Alternative...
US 100 Index Rallies to Fresh Record Highs, Near Overbought Territory
The US 100 index has been completing new record highs over the last three consecutive days, edging towards...
USDJPY Maintains Sideways Bearing; Momentum Dries Up
USDJPY appears to remain stuck between the boundaries of 105.09 and 107.00, as the Ichimoku lines echo a...
Elliott Wave View: Nasdaq (NQ) Looking To Extend Higher
Elliott Wave View of NASDAQ (NQ_F) suggests the Index ended the cycle from August 12 low as wave...
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