CHI 50 Index Fights With 200-SMA After Rebound On 8-Month Low
China’s 50 stock index (CHI 50) has rebounded somewhat after falling to the eight-month low of 12,520 on...
WTI Oil Outlook: Oil Remains in Red on Concerns about Virus and OPEC+ Group Consensus for Increased Output Cut
WTI oil price extends weakness on Monday and is on track to fully retrace mild $49.41/$52.28 correction, which...
EURCAD Bounces on Moving Averages Bullish Cross; Neutral Bias in Near Term
EURCAD has been losing ground over the last four days but its sideways move since the end of August remains intact,...
AUD/USD Outlook: Aussie Bears Are Pausing As China Is Back To Business After Holiday And On Upbeat Chinese CPI Data
The Australian dollar rose in early Monday after hitting new multi-month low at 0.6662 last Friday. China is...
AUDJPY Reverses Lower, Picture Turning Negative
AUDJPY posted a ‘golden cross’ in mid-January – which is usually a positive sign – but was unable...
EUR/USD At 4 Month Low On Weak German Data, NFP Next
The euro is under pressure in early trade on Friday following yet more disappointing data from Germany. German...
GBPNZD Maintains Neutral-to-Bullish Bias Above Cloud
GBPNZD has been consolidating over the last four months with upper boundary the 2.0430 resistance and lower boundary...
USD/JPY Outlook: Bulls Are Pausing Under 110 Barrier Ahead Of NFP
Strong four-day rally is taking a breather on Friday ahead of US jobs report, which is expected to...
GER 30 Index Pullback Looks To Test Positive Picture
Germany 30 Index (Cash) is pushing under the 13,519 level, following a deflection off the 13,604 resistance from...
GBP/USD Outlook: Traders Anticipate Strong US Jobs Data Which Would Further Deflate Sterling, But Bounce Scenario Is Also On The Table
Bears are on hold above key Fibo support in European trading on Friday, as quiet and narrow range...
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