US 100 Index Slides, But Uptrend Still in Play
The US 100 index (Cash) took some fire in recent sessions, sliding from the record high of 15,182...
AUDUSD Tumbles To New 9-Month Low
AUDUSD has reached a new nine-month low of 0.7174, which holds beneath the significant 200-week simple moving average...
GBP/USD Potential Inverse Head and Shoulder Target 1.55
In the last Bank of England’s meeting, the central gave a signal for a potential interest rate hike...
EURJPY Testing Critical Support, Neutral Outlook Under Threat
EURJPY is testing its March low of 128.28, slipping just below it on Tuesday and earlier today. The...
Elliott Wave View: Oil (CL) Has Scope To Extend Lower
Short-term Elliott wave view in Oil (CL) suggests that cycle from July 6 peak is unfolding as a...
EUR/USD Elliott Wave Analysis: Approaches Support
EURUSD is coming slightly down, now approaching the trendline support which may open door for 1.17 if line...
UK 100 Bounces Off Support
Commodity stocks dragged down the FTSE 100 index after weak economic data from China. The rise above June’s...
GBP/USD: Why 1.3800 Holds The Key In Near Term
Key Highlights GBP/USD is struggling to climb above the 1.3900 resistance zone. A key declining channel is forming...
British Pound Slowly Plunging
Early in another August week, the British Pound is slowly falling against the USD. GBPUSD remains under pressure...
XAUUSD Is Possibly Bullish
Technical analysis The price lies in between the EMA(50) and the EMA (100), closer to the latter The...
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