EURGBP Looking Lower – Elliott Wave Analysis
EURGBP can be unfolding a three-wave reversal from the highs, with recently completed leg B and now we...
EURGBP Outlook: Narrow Consolidation to Precede Fresh Weakness as Euro Comes Under Fresh Pressure on Italy
The cross consolidates above new 3 1/2 month low at 0.8776 on Monday, with limited upside attempts, as...
Crude Oil Under Pressure
Pivot (invalidation): 74.60 Our preference Short positions below 74.60 with targets at 72.95 & 72.35 in extension. Alternative...
Silver Spot Turning Down
Pivot (invalidation): 14.6600 Our preference Short positions below 14.6600 with targets at 14.3400 & 14.2300 in extension. Alternative...
USDJPY Outlook: Bullish Outlook above 200WMA But Initial Signs of Pullback Require Caution
The dollar edged lower after US jobs data but dips were contained at 113.63 (Thursday’s low) and just...
Weaker NFP Boosted Euro but Overall Bears Keep Upticks Limited
The Euro bounced after weaker than expected US NFP data but gains were so far capped by daily...
EURGBP Falls To Three-Month Low, Outlook Turning Bearish
EURGBP fell below an uptrend line taken from the lows of April 17 lately, and also crossed below...
EURUSD Back Under Key 1.1500 Support Level
The euro is back under pressure below the 1.1500 level against the greenback as the US dollar starts...
USDJPY Only Intraday Bearish Below 114.06
The US dollar is trading lower against the Japanese yen currency on Friday as traders square positioning ahead...
USDJPY Outlook: Bulls In Play Above 200WMA, US NFP Data To Provide Fresh Direction Signal
Thursday’s close in in red on pullback from double upside rejection at 114.54 (11-month high) was so far...
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