EUR/USD Touched Weekly R1
On Thursday, the EUR/USD currency pair raised to the 1.1050 level. During today’s morning, the pair reversed south...
USDCAD’s Pullback From 50-Month High Stalls At Mid-Bollinger Band
USDCAD is currently finding some footing at the mid-Bollinger band, which is encapsulated between the 1.4013 level –...
Gold Approaches 2-Week High; Recoups Strong Losses
Gold prices continue to rise above the simple moving averages (SMAs), towards the two-week high of 1,638, stretching...
Dollar Index Dips Through Key Supports after Downbeat US Jobless Claims Data
The dollar index accelerated lower on Thursday, extending steep pullback into fifth straight day. Fresh weakness broke below...
USD/CHF Under Pressure
Pivot (invalidation): 0.9780 Our preference Short positions below 0.9780 with targets at 0.9720 & 0.9700 in extension. Alternative...
DXY May be Ready to Resume Move Higher
The US Senate and White House reach FINALLY reached a bi-partisan fiscal stimulus deal worth an estimated $2...
EURUSD Recovery Halted by Downtrend Line
EURUSD recovered in recent sessions following an aggressive sell-off, but the bulls seem to be having trouble overcoming...
Elliott Wave View: SP 500 (SPX) Recovery In Progress
Short Term Elliott Wave view in S&P 500 (SPX) suggests that cycle from February 20, 2020 high has...
EURCHF Rebounds on 5-Year Low; Strongly Negative in Long-Term
EURCHF is trading slightly above the five-year low of 1.0515, flirting with the 20-day simple moving average (SMA)...
Gold Surging as Refiners Have Trouble Meeting Physical Demand
Gold futures (GC) are screaming higher this morning as demand is surging. The Exchange for Physical (EFP) market...
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