EURUSD Remains Heavy as Rebound Curbed by 50-MA
EURUSD has been logging green candles after finding its footing around a three-month low of 1.1780 and is...
USOil Sinks Towards Daily Support
Oil plunges as the OPEC+ deadlock over supply, fuels concerns for a price war. The RSI divergence already...
EUR/USD Outlook: Bears Crack 1.1800 Support and May Accelerate on Hawkish Tone from Fed Minutes
The Euro cracked 1.1800 support as bears attempt to resume downtrend after Tuesday’s upside rejection and close below...
XAU/USD Outlook: Gold Extends Gains into Sixth Straight Day, Awaits Fed Minutes for Fresh Signals
Spot gold maintains a firm tone and is on course for a sixth straight day in green, as...
Elliott Wave View: Bitcoin (BTC) Looking For Further Downside
Short term Elliott Wave suggests the decline from May 20, 2021 high is unfolding as a diagonal. Down...
EUR/USD: Bears Regain Control after Limited Consolidation
Bears regained control after brief consolidation was capped by falling 10DMA and fresh weakness is on track for...
WTI Futures Ease after Surging to 6½-Year Peak Near 77.0
WTI crude oil futures surged to its highest level since November 2014 around 77.00 before returning all of today’s gains. The...
Market Morning Briefing: Dollar-Yen Has Dipped Below 111
STOCKS Global equities continue to trade mixed and seem to lack strength. However, Sensex and Nifty remain relatively...
US 500 Index at Fresh Top of 4,355; Upside Risks Look Sturdy
The US 500 stock index (Cash) is consolidating in the vicinity of the 4,350 level, after spiking to...
USD/JPY Technical Analysis: Retreats Below 50-MA, Upside Risks Under Strain
USDJPY has lost its recent footing off the 50-period simple moving average (SMA), as buyers’ latest efforts have...
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