GBPUSD Tests Upper Boundary of Trading Range
GBPUSD is moving higher over the last 4-hour session remaining well above the short-term simple moving averages (SMAs)....
Gold May Slowdown for a Correction: Elliott Wave Analysis
Gold is coming sharply to the upside as a “safe haven” asset based on the latest US-Russia tensions....
Elliott Wave View: CADJPY Looking for Further Downside
Short Term Elliott Wave View on CADJPY suggests that the rally to 91.7 ended wave (2). Pair has...
AUD/USD Faces Uphill Task Near 0.7280
Key Highlights AUD/USD is facing a strong resistance near 0.7250 and 0.7280. A key bullish trend line is...
US Retail Sales Solid for January
There is an adage on Wall Street: “Never underestimate the American consumer”., which appears appropriate for January’s retail...
USDJPY Uptrend Intact as Negative Pullbacks Negated
USDJPY is exhibiting a bullish tone as it approaches the 116.00 handle after the 50- and 100-day simple...
EUR/USD Consolidates in Mid-February
The major currency pair is consolidating in mid-February. On Monday, 14 February 2022, the asset is trading at...
NZDUSD Elliott Wave : Selling The Rallies At The Blue Box
In this technical blog we’re going to take a quick look at the Elliott Wave charts of NZDUSD....
Michigan Sentiment at Lowest Levels Since 2011, Yet It’s Inflation that Matters!
The preliminary reading for the February Michigan Consumer Sentiment was 61.7 vs an expectation of 67.5 and a...
GBP/USD Outlook: Above Expectations UK GDP Lifts Sterling But Pivotal 1.3600 Barrier Caps the Action
Cable edged higher on Friday, following better than expected UK GDP data which partially offset negative impact from...
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