GBP/JPY Drops to Support amid Brexit Stalemate and CPI Miss
The British pound was the weakest major currency yesterday on the back of reports that there was no...
AUDUSD Pierces 200-Day MA After A Year, Bias Cautiously Bullish
AUDUSD crawled slightly above the 200-day simple moving average (SMA) early on Wednesday for the first time in...
CAD/JPY Bounces Off Support
Earlier, we reported that the EUR/JPY could make a comeback thanks to the ongoing rally in stock markets,...
XAU/USD Outlook: Spot Gold Falls to 4 1/2 Month Low, Pressured by Strong Risk Mode
Spot gold holds in red for the fourth straight day and accelerates lower in early US trading on...
WTI Oil Outlook: Pullback Holds above 10SMA ahead of Oil Inventories
WTI oil price holds slight bid tone on Tuesday following double downside rejection ($63.02/11 on Fri/Mon) and Monday’s...
GBPAUD Rebounds on 2-month Low; Downside Correction in Near Term
GBPAUD rebounded on the two-month low of 1.8195 on Monday, sending prices above the 38.2% Fibonacci retracement level...
EUR/USD Completes Bearish ABC Correction In Uptrend
The EUR/USD is using the 21 ema zone as support. If price manages to stay above the support...
GBP/USD Remains In Uptrend Above 1.3000
Key Highlights The British Pound remains well supported above the key 1.3000 support against the US Dollar. A...
GOLD Looks To Extend Its Bear Pressure
GOLD looks to extend its bear pressure as it following through lower on the back of its past...
DOW: Sentiment Sours on Weak Bank Earnings
The Dow Jones eases from marginally higher one-week high at 26474 on Monday, as mixed bank earnings soured...
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