Crude Oil Remains Supported on OPEC
The price of crude oil continues to find support from growing expectations that the ongoing productions cuts from...
WTI Oil Futures in Bullish Action But Confined to Narrow Range
WTI oil futures jumped to a new one-and-a-half-month high of 57.43 earlier on Tuesday, remaining above the 23.6%...
EURUSD Approaching Corrective Target
The euro has continued to advance against the US dollar during the European trading session, with the pair...
Elliott Wave View: EUR/JPY Should Extend Lower
EURJPY has ended the cycle from Jan 3, 2019 low at 127.5. We label this rally from Jan...
GBPUSD – Pound Rises Further on Short Covering
Cable ticked higher and pressures 1.31 barrier in early US trading on Monday, as traders took profits from...
WTI OIL Outlook: WTI Oil Price Stands at the Front Foot on Comments from Saudi Arabia
WTI oil price extended higher on Monday, bouncing from dangerous territory after spiking to $54.51 on Friday after...
USD/JPY Outlook: Bears on Hold above 20SMA, But Converged MA’s Mark Strong Obstacle
The pair consolidates above rising 20SMA (currently at 111.04) which prevented deeper fall after dollar accelerated lower on...
EUR/AUD 4H Chart: Buy Signals Today
The common European currency depreciated about 1.14% against the Australian Dollar during the last week. However, the currency...
GBP/USD And EUR/GBP: Pound Extending Losses
GBP/USD declined heavily this past week and broke the key 1.3100 support area. EUR/GBP gained traction and broke...
USD/CAD Outlook: Canadian Dollar Rebounds after Downbeat US and Strong Canada’s Jobs Data
The pair fell some 50 pips in an immediate reaction on US NFP surprise and upbeat Canada’s employment...
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