USD/JPY Tests Long-Term Channel
During the previous trading session, the USD/JPY currency pair tested the lower boundary of the long-term descending channel...
Elliott Wave View: Selling Pressure In Oil Should Continue
Oil shows incomplete bearish sequence from April 23, 2019 high favoring further downside. The recent break below June...
GBPAUD Fails to Exit Descending Channel and Drifts Lower
GBPAUD attempted forcefully to exit the descending channel and breach at once the 1.8200 level and the lower...
EURGBP Could Soften In Short-Term
EURGBP flied even higher this week to top its 2-month old rally at 0.9248, the highest mark reached...
Market Morning Briefing: Dollar Index Has Bounced From 97.21
STOCKS The trade tensions between the US and China continue to weigh on the equities. Though the Dow...
BTCUSD Keeps Bullish Bias Intact
Demand for Bitcoin accelerated this week, with the price running as high as 12,257 on Wednesday before pulling...
EURUSD 1.1187 Key Pivot
The euro has retraced back under the 1.1200 level against the US dollar, following a lack of interest...
GBPCHF Breaks Below 138.2% Fibonacci Extension, Nears October 2016 Lows
GBPCHF tumbled from 1.3400 on May 3, after failing to break above a previous ten-month high. The pair...
GBPUSD Recovery Threats Remain Towards 1.2249 Level
GBPUSD recovery threats remain towards 1.2249 level as we expect more strength in the days ahead. Support comes...
EUR/USD Reached 1.1220 Level
Yesterday, the EUR/USD currency pair reached the resistance level formed by the weekly R2 at the 1.1234 mark....
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