USD/JPY Analysis: Pressured By 55-Hour SMA
On Thursday, the USD/JPY currency pair traded sideways around the 107.50 level. During today’s morning, the pair maintained...
XAU/USD Analysis: Supported By Moving Averages
Yesterday, the XAU/USD exchange rate re-tested the 1,760.00 level. During Friday morning, the rate was testing the support...
Market Morning Briefing: Aussie Is Stable Near Current Levels
STOCKS Shanghai has surged further to reach our target much faster than expected. Better than expected manufacturing data...
WTI Oil Outlook: WTI is on Track to Form the Third Straight Doji as Conflicting Signals Keep Near-Term Action Directionless
WTI continues to trade around $40 handle on Thursday, extending narrow-range movements into third straight day and on...
EURJPY Cautiously Positive Above SMAs
EURJPY appears somewhat optimistic despite the recent consolidation in price above the 200-period simple moving average (SMA). Positive...
Technical alerts on USD/JPY and EUR/JPY
Using the “technical Insight” research tool under the Market Analysis tab, we have identified bullish technical events on...
USD/JPY Outlook: Strong Bearish Acceleration after Bulls Got Trapped is Generating Negative Signal
The pair fell sharply on Wednesday after attempts to extend five-day rally were strongly rejected and bulls got...
GBP/USD Outlook: The Pair Broke The 1.2320 Resistance Level To Move Into A Short Term Positive Zone
The British Pound started a decent upward move from the 1.2250 support area against the US Dollar. The...
GBP/USD Outlook: Downbeat Economic Data and Weakening Risk Mode Maintain Pressure on Sterling
Cable remains firmly in red for the third straight day and pressures pivotal support at 1.2250 (Fibo 76.4%...
USD/CAD Tests Key Resistance Ahead Of Key North American Data
Overall, though, sentiment remains positive towards risk assets with the downside for stocks being limited thus far. So,...
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