EURUSD 1.1200 Must Hold
The euro currency is attempting to recover higher against the US dollar, following a sudden drop towards the...
USD/JPY is Bullish Near-Term – Elliott Wave Analysis
On the daily chart of USDJPY we see price unfolding a bigger A-B-C move, up from 101.16 level,...
US 500 Index’s Sideways Shift Fades Below 200-MA
US 500 stock index (Cash) is attempting to reclaim the 200-period simple moving average (SMA) after dipping below...
S&P 500: Under Pressure
Pivot (invalidation): 3038.00 Our preference Short positions below 3038.00 with targets at 3000.00 & 2965.00 in extension. Alternative...
GBP/USD Remains Under Pressure
The US Dollar was bullish against most of its major pairs on Friday with the exception of the...
NZDUSD Consolidates Recent Gains; Negative Risks Present
NZDUSD’s positive picture appears to withstand negative pressures, glued just under the 50- and 100-period simple moving averages...
US 30 Index Pauses Its Upside Rally Below 200-Day SMA
The US 30 cash index has lost its strong positive momentum after the pullback from the three-and-half month...
EUR/USD Consolidated At 1.1220
On Thursday, the EUR/USD currency pair consolidated in the 1.1220 area. During today’s morning, the pair maintained its...
GBP/USD Trades Sideways At 1.2420
Yesterday, the GBP/USD exchange rate traded sideways in the 1.2420 area. During Friday morning, the rate maintained its...
USD/JPY Tests Fibo 38.20%
On Thursday, the USD/JPY currency pair consolidated at 107.20. During today’s morning, the pair was testing the Fibo...
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