GBPUSD Forms Foothold At 11-Month Low, Bearish Bias Stands
GBPUSD buyers have re-emerged around the 1.3300 handle and lower Bollinger band trying to make a comeback, after...
Silver Finds Support At 50-SMA, Bearish Bias Holds
Silver has staged a notable rebound after its long-term downtrend halted at the 21.40 region in September. However,...
US 30 Retreats From All-Time Highs But Bullish Forces Linger
The US 30 cash index has witnessed a minor pullback from its all-time high at 36,560 earlier this...
UK 100 Index Pulls Back From Fresh Highs, Bullish Bias Holds
The UK 100 stock index (cash) has been trending upwards since February. However, the index experienced a minor...
USDCHF Ticks Higher As Bullish Forces Consolidate
USDCHF has been charging higher since June after the price failed to pierce through the 0.8925 region. Although...
GBPJPY Marks Yet More Lower Highs as Bearish Forces Linger
GBPJPY is struggling to gain positive traction amid successive lower highs. Moreover the 50-period simple moving average (SMA)...
Gold Meets New Resistance But Sell-Off Already Overstretched
Gold could not find enough buying interest to close above the 1,796 resistance on Tuesday despite the bounce...
Elliott Wave View: Dollar Index (DXY) Could Extend The Rally Higher
Short-term Elliott wave view in Dollar Index suggests cycle from October 28 low is in progress as a...
USDCAD Runs Out of Steam at 8-Week Highs, Rally at Risk
USDCAD advances have encountered some downside pressure from the 1.2738-1.2755 obstacle, formed by the October 1 and September...
WTI Futures’ Bearish Course In Play, Downside Risks Stand
WTI oil futures have been drifting downhill for the last two-weeks from the 83.28 high, producing lower highs...
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