GBPUSD Rallies On Further Bull Pressure
GBPUSD looks to correct further higher as it closed higher on Thursday. Support stands at 1.2550 area with...
EUR/USD Outlook: Euro Holds Positive Tone After Thursday’s 0.5% Advance And Looks For Test Of Next Key Barriers
The Euro maintains positive tone and consolidating under new two-week high at 1.0972 in early Friday’s trading. The...
NZDUSD Cautiously Bullish Above Very Short-Term Trend Line And MAs
NZDUSD seems to have retraced slightly to the 0.6074 level – that being the 61.8% Fibonacci retracement of...
US 30 Stock Index May Have More Bullish Fuel in Store
The US 30 stock index (cash) closed positive above the Ichimoku cloud on Wednesday, increasing speculation that the...
USDCHF Faces Bearish Pressure above Rising Trendline
USDCHF had a bearish start on Thursday, dropping beneath the 23.6% Fibonacci retracement level of the upward wave from...
AUD/USD Could Make Brief Retracement
The Australian Dollar surged by 57 basis points or 0.88% against the US Dollar on Wednesday. The currency...
WTI Oil Outlook: Oil Price Rises on Fresh Optimism But Still a Long Way Towards More Significant Recovery
WTI oil advanced around 9% during Wednesday’s Asian / European trading and extended bounce from Tuesday’s $10.05 spike...
BTCUSD Approaching Resistance
Bitcoin is fast approaching the $8,000 level as the number one cryptocurrency continues to receive strong buying interest...
EURUSD Neutral In Short-Term But Still Bearish In Medium-Term
EURUSD has been trading within a symmetrical triangle formation since March 20, with a break outside it likely...
USD/JPY Outlook: Fresh Bears Look for Confirmation on Close Below Broken Key Supports
The pair accelerated lower on Tuesday, being down around 0.6% since opening in Asia, as dollar weakened across...
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