Amazon Stock Struggles Below 200-Day SMA In Near Term
Amazon stock price rebounded after touching a seven-month low on November 20, however it still trades below the...
USD/JPY Outlook: Thursday’s Hammer Suggest Pullback Might Be Over, G20 Summit Would Provide Stronger Direction Signal
Firmer tone on Friday increases hopes of recovery as Thursday’s strong downside rejection left hammer candle, signaling that...
Elliott Wave Analysis: EURUSD Update
EURUSD has turned nicely higher recently from the 1.127 level which was quite expected as we were tracking...
GBP/USD Outlook: Directionless Mode After Brexit/Fed Eyes G20 Meeting For Fresh Signals
Cable trades in narrow-range directionless mode on Friday and holding within larger range which extends into third straight...
Elliott Wave Analysis: S&P500 and 10 Year US Notes
S&P500 made an impulsive rally yesterday due to a Powell’s speech, so seems like it’s heading higher within...
AUDCAD Hits 4-month High; Medium-Term Structure Tilts Bullish
AUDCAD staged a strong rebound after falling to 0.9104 in early October, this being its lowest since July...
GBP/USD Outlook: Positive Impact From Dovish Powell Fades As Pound Falls On Latest PM May’s Comments
Cable was sharply lower on comments from UK PM May who confirmed that the deal with EU is...
NZDUSD Hovers Near 5-Month Peak, Has More Room To Run
NZDUSD advanced strongly yesterday, driving the market towards a fresh five-month high around 0.6885. Currently, the pair holds...
USDCAD Bullish at 5-Month Peak, Eyes Highest Since Mid-2017
USDCAD touched a fresh five-month high of 1.3358 on Wednesday, trading not far below its firmest since June...
WTI Oil Outlook: Bears Regaining Control after Recovery Stalled; OPEC Meeting Next Week Key
WTI oil holds in red on Wednesday and dipped below $51 handle, retracing over 61.8% of two-day $50.09/$52.53...
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