Elliott Wave View: Five Swing Sequence In NZD/USD Favors Downside
NZDUSD broke below August 20, 2021 low (0.6805) and now shows a 5 swing sequence from February 25,...
Brent Under Severe Stress
The Brent price reached stability on Monday after experiencing severe stress last Friday; the asset is trading at...
GBP/CAD Bulls Should Move The Price Bullish SHS Pattern On Daily
GBP/CAD technical analysis Bullish SHS on Daily TF. Breakout is expected. Positional entry has been established. M H5/...
EUR/USD Starts Recovery, But Faces Key Hurdle
Key Highlights EUR/USD found support near 1.1186 and started a decent recovery. It broke a major bearish trend...
Oil Is On Track For The Biggest Daily Drop This Year As Fears On New Virus Variant Further Dent Demand Outlook
WTI oil fell over 6% since opening on Friday, in the steepest daily drop this year. News that...
US 30 Fails To Rebound
The Dow Jones 30 fell sharply amid fears of a new Covid variant. On the daily chart, a...
XAGUSD Tests Major Support
Silver remains under pressure as the dollar index nears a 16-month high. Price action is hovering above the...
USDJPY Breaks Support
The Japanese yen recouped some losses after November’s Tokyo CPI rose to 0.5%. A bearish RSI divergence signaled...
Elliott Wave Forecast: Silver Miners (SIL) Doing Flat Correction
Silver Miners (SIL) reached the support area from August 6 peak in 7 swings and reacted higher. However,...
USD/JPY Outlook: Yen Rises Sharply As New Virus Variant Sparks Strong Risk Aversion
The USDJPY collapsed in early Friday trading after news about new virus variant sparked sharp migration into safety....
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