WTI Oil Outlook: Expected Supply Increase Keeps Oil Price Under Pressure
WTI oil remains in red on Thursday and extends south, following Wednesday’s 3% drop, as markets anticipate increased...
NZD/USD Rallies To Major Resistance
The New Zealand dollar soared after the RBNZ cut its QE program in anticipation of policy tightening. The...
Gold advances under strain as 200-MA applies the brakes
Gold’s recent surge in positive impetus has been capped by the 200-period simple moving average (SMA) at 1,829....
AUD/USD Has Strong Support at 0.7360
AUDUSD is not really clear at the moment; bulls are still struggling after reaching a low last week...
Elliott Wave View: DAX Pullback Should Be Well Supported
Rally in DAX from November 2, 2020 low is unfolding as a 5 waves impulse Elliott Wave structure....
GBP/AUD 4H Chart: Bulls Could Prevail
The British Pound has edged higher by 1.67% against the Australian Dollar since last week’s trading sessions. The...
GBP/CAD 4H Chart: Breakout Occurs
The Pound Sterling has surged by 1.70% against the Canadian Dollar since July 5. A breakout occurred through...
Elliott Wave View: Dow Futures (YM) Ready For New All-Time High
Short term Elliott Wave view in Dow Futures (YM) shows the rally from June 21, 2021 low is...
Currency Pair of the Week: CAD/JPY
There are many events this week which could cause volatility in CAD/JPY including the BOC, BOJ, and US...
EUR/CAD 4H Chart: Bulls Likely To Prevail
The EUR/CAD currency pair bounced off a support level at 1.4615 on July 2. As a result, the...
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