USD/ZAR Outlook: Pullback Extends after Strong Upside Rejection
Bulls are losing traction as the price eases for the second day, following strong upside rejection on Friday...
US 100 Index Recovers Notable Losses in Short Term
The US 100 index advanced considerably in the previous week, penetrating the Ichimoku cloud following the rebound on...
GBP/USD And USD/CAD: US Dollar Showing Signs Of Weakness
GBP/USD gained pace this past week and recovered above the 1.2700 resistance. USD/CAD declined steadily below 1.3300, signaling...
Elliott Wave Analysis: S&P500 Is Already Bullying the Bears; More Upside Expected!
S&P500 made a clear five-wave recovery from end of December of 2018, and towards end of March of...
Downbeat US Jobs Data Send Euro Through Key Barriers
The Euro jumped to 2 1/2 month high at 1.1326 on Friday after disappointing US jobs data that...
AUDJPY Bulls Face Big Challenge Around 20-SMA
Selling interest is continuing in the AUDJPY market, remaining below the 20-day simple moving average (SMA). However, the...
EUR/USD: Descending Channels In Sight
Yesterday, the EUR/USD currency pair tested the upper boundaries of the short-term and long-term descending channels at the...
GBP/USD Could Trade Sideways
On Thursday, the GBP/USD exchange rate tested the support cluster formed by the 55-, 100– and 200-hour SMAs...
USD/JPY Might Trade Down
During the previous trading session, the USD/JPY currency pair reached the upper boundary of the short-term ascending channel...
XAU/USD Could Target 1,345.00
On Thursday, the XAU/USD exchange rate traded sideways around the monthly R2 located at the 1,333.67 mark. Note,...
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