Crude Oil Price Extends Rally Above $85
Key Highlights Crude oil price started a fresh increase above the $80.00 resistance. A key bullish trend line...
Canadian CPI at 30-Year Highs, USD/CAD Bears Remain in Control
In an otherwise quiet morning for economic data, Canada released its closely-watched CPI data for December. On a...
GBP/USD Looks for a Correction: Elliott Wave Analysis
GBPUSD was even higher last week after a break above the channel resistance line on the daily chart,...
GBPUSD Turns South after Reaching 200-Day SMA
GBPUSD is reversing following the advance to the 1.3745 level, which represents a nearly three-month high. Although the...
AUDUSD’s Bearing in Question as Gradual Ascent Struggles
AUDUSD turns somewhat neutral as the pair’s improvements have failed to take flight for around one-and-a-half-months now. Currently,...
Gold Price Moved into a Short-Term Negative Zone Below $1,820
Gold price failed to clear the $1,830 resistance and corrected lower against the US Dollar. The price broke...
GBPJPY Drifts Across 156 Mark as Bullish Rally Stalls
GBPJPY is consolidating between the 156.00 handle and the 157.84 level, which is the 161.8% Fibonacci extension of...
Gold and EUR/USD Trade Higher: Elliott Wave Analysis
The USD remains bearish after US CPI figures this week that came out around expectations, while PPI yesterday...
EUR/USD Pair is Consolidating Gains above the 1.1450 Level
The Euro started a steady increase from the 1.1320 support zone against the US Dollar. The EUR/USD pair...
USDCAD Stops Near 200-SMA: Temporary Pause or Bullish Setup?
USDCAD slumped towards the 200-day simple moving average (SMA) at 1.2495 after its bullish efforts to cross above...
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