EUR/USD Outlook: Daily Cloud Top Contains for Now but Near-Term Outlook Remains Negative
The Euro is trading within narrow consolidation between daily cloud top (1.1074) and daily Kijun-sen (1.1090) on Monday,...
USD Significantly Strengthened
The major currency pair weakened pretty much at the end of last week. Early in the last full...
USDMXN Looks for a Rebound as Oversold Conditions Detected
USDMXN paused its 3-week old decline near the key 18.80 support area last week. Meanwhile the RSI has...
Cross Check | AUD/JPY, GBP/CHF, EUR/CAD, EUR/NZD
AUD/JPY: A bullish channel has been developing on the weekly chart, since AUD/JPY failed to close the week...
Canadian Data Continues to Disappoint
Canadian Retail Sales were released earlier today, and the results were disappointing. Although the data was for October,...
Precious Metals: Silver Breaks Out
Despite Wall Street hitting yet another record high today and the Dollar Index extending its recovery, precious metals...
GBPCAD Cautiously Positive as Decline Hits a Wall at the 50-day SMA
GBPCAD’s aggressive reversal marginally ahead of the previous high from March 12 of 1.7793 has come to a...
USD/TRY Outlook: Lira Takes A Breather After Suffering Strong Losses This Week
Bulls are taking a breather after this week’s steep ascend cracked key barriers at 5.9378 (former high of...
Tesla Stock Flies To Fresh All-Time Highs, Bullish And Overbought
Tesla’s stock price skyrocketed past 400.00 to uncharted territory and above the 386.83 ceiling that kept the bulls...
USDCHF Breaks Lower As Bears Take The Wheel
USDCHF broke below an uptrend line in early December, which later acted as resistance, forcing the market to...
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