WTI Futures Plunge But Broader Upside Risks Still In Force
WTI oil futures are trying to create a foothold at the Ichimoku cloud’s lower surface around 67.52. The...
US Oil Heads Towards Daily Support
WTI crude fell as US inventory rose by 3.6M barrels last week. The bearish MA cross on the...
German Bund Yields Fall Below -0.50; Highly Correlated with EUR/JPY in Short-Term
The current correlation coefficient between German Bund Yields and EUR/JPY on a 240-minute timeframe is +0.94! There has...
Bitcoin – Patience to Pay Off?
Or pullback a cause for concern? Should we be concerned that the bitcoin has stalled just as it...
EURGBP Heavily Bearish
Technical analysis The EURGBP has formed a large head and shoulders pattern on the four-hour time frame, with...
EURJPY Rebounds But Downside Risks Remain In Force
EURJPY is drifting across the 129.61 level, which happens to be the 50.0% Fibonacci retracement of the up...
GBP/NZD Bearish Continuation Possible
The GBP/NZD is bearish and sellers are taking over. The angle of a drop and retracement is diverging,...
Market Morning Briefing: Pound Has Bounced A Bit From 1.3873
STOCKS Equities look mixed within their broad sideways range. As mentioned yesterday, a fresh trigger looks likely to...
AUDUSD Consolidates Below 0.74 But Buyers Intensify
AUDUSD is currently pushing above the 50-period simple moving averages (SMAs) and the flattening Ichimoku lines at 0.7364....
Euro Still Holds a Strong Position
The major currency pair is stable at the beginning of August, growing slightly. EURUSD is rising to 1.1870....
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