WTI Oil Outlook: Stronger Than Expected Drop In Crude Inventories Inflated Oil Prices
The WTI regained traction and edged higher on Thursday after three-day drop was contained by converged 10/20DMA’s which...
USD/CAD Remains Near 1.2640 Level
On Wednesday, the US Dollar surged by 53 pips or 0.43% against the Canadian Dollar. The surge was...
EUR/USD Outlook: Euro Rallies after Downbeat US ADP Jobs Report
The Euro accelerate higher on Wednesday after soft US data deflated dollar. The ADP report showed that US...
EUR/USD Elliott Wave Analysis: Be Aware Of More Weakness
The USD is coming up vs EUR despite hawkish ECB and dovish FED on Friday, so this can...
Elliott Wave View: Further Upside In Silver In Near Term
Short-term Elliott wave view in Silver (XAGUSD) suggests the rally from August 9, 2021 low is unfolding as...
EU CPI Surprises. Hawks Come Out!
Earlier today, the EU released its Flash CPI data for August. The YoY print was 3% vs 2.7%...
AUDUSD Aims To Hold Above 20-SMA, Short-Term Bias Bullish
AUDUSD looks determined to stay above its 20-day simple moving average (SMA) and the 23.6% Fibonacci level of...
Currency Pair Of The Week: AUD/USD Testing Resistance Ahead Of Key Data Releases
As my colleague Tony Sycamore noted earlier today, Australian traders will be closely monitoring the release of the...
GBP/USD Outlook: Bulls Lose Traction on Approach to the Base of Thick Daily Cloud
Bulls started to lose steam on Monday after last week’s nearly 1% advance, facing strong headwinds from the...
Gold Outlook: Price Even broke $1,810 Level to Move into a Positive Zone
Gold price started a fresh increase above the $1,800 resistance zone against the US Dollar. The price even...
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