AUD/USD Outlook: Bounce After Steep Fall Needs Confirmation On Break Above Important Barriers
The Australian dollar bounced above daily cloud after Monday’s inverted Hammer candle signaled stall of steep five-day downtrend....
Elliott Wave Analysis: USDJPY Trading into Possible Resistance and Reversal Zone at 113.0 – 113.35
As expected, USDJPY made a Monday rally for wave c) that can stop around 50% – 61,8% Fibo....
EUR/USD Outlook: Bulls Face Headwinds At Daily Cloud Base, Cluster Of Converged MA’s Underpins And Expected To Contain consolidation
The Euro stands at the front foot on Monday and cracked strong barriers at 1.1435/44 (falling 55SMA /...
EUR/JPY Moving Towards Psychological Resistance Level
The common European currency appreciated about 54 base points against the Japanese Yen on Monday. The currency pair...
USD/CHF Tumbles on Softer US Jobs and Wage Data
A wrath of US economic data painted the picture that US economy is slowing, propping up expectations that...
USDZAR Still Negative, Approaches Downtrend Line
USDZAR continues to print lower lows and lower highs on the daily chart below a downtrend line drawn...
EURNZD Rebounds on 14-Month Low, Regaining Ground
EURNZD created a strong negative rally over the last two months, after the pullback on the three-year high...
DOW JONES Outlook: Dow Maintains Negative Tone Despite Thursday’s Hammer Ahead Of US NFP Data
Dow is consolidating within narrow range and low-volume trading on Friday, following sell-off on Thursday, triggered by arrest...
US 30 Index Cautiously Negative In Short Run, Neutral Overall
The US 30 index remains on the back foot, having crossed back below its 50- and 200-day simple...
AUD/USD Outlook: Bears Take A Breather After Steep Fall, US Jobs Data Eyed For Fresh Signals
The Australian dollar consolidates after strong fall in past four days (down nearly 2%) which was contained by...
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