EUR/USD Analysis: Reveals Ascending Pattern
The EUR/USD currency exchange rate has revealed an ascending channel pattern. The pattern represents the rate’s surge following...
Elliott Wave Analysis: EURCAD at Interesting Levels; More Weakness in View
Let’s take a look at daily chart of EURCAD. What we see is a leading diagonal into wave...
EURGBP Moves Slightly Higher, Remaining above SMAs
EURGBP has been edging higher since Wednesday’s session, remaining above the strong support level of 0.8940. The technical...
Gold Continues to Shine as Fed Decision Looms
As we mentioned the possibility in our week ahead report on Friday, gold has indeed broken further higher....
EUR/USD Close Above W H4 Will Target 1.1445 And 1.1478
The EUR/USD has formed a V Shaped Reversal at the bottom but the price is still range bound....
US 500 Index Moves above 14-Month Trough; Outlook Switches to Negative
The US 500 index had a bearish start on Monday, with the price breaking a crucial support at...
XAU/USD Outlook: Spot Gold Pressures Key Barriers, Supported by Expectations of Dovish
Spot gold retests $1250 barrier (10 Dec high) on Tuesday, in extension of previous day’s rally, signaling full...
USD/CAD Looks To Extend Medium Term Upside Pressure
USDCAD looks to extend medium term upside pressure following its higher close the past week. Support comes in...
EUR/JPY Tests 38.20% Fibo
The common European currency depreciated about 113 base points against the Japanese Yen on Friday. The currency pair...
EUR/JPY: Euro Extends Decline as Eurozone Growth Concerns Mount
Yesterday’s slightly more dovish ECB statement and press conference saw the euro fall. And there has been further...
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