Market Morning Briefing: Dollar Index Has Broken Below 90
STOCKS Asians are trading weak. Nikkei has failed to break above 28500 and keeps the bearish view intact....
EURCHF Bearish Pressures Fumble ahead of 1.0900 Defences
EURCHF has faded from the near 20-month peak of 1.1151 below the Ichimoku cloud but negative momentum seems...
EUR/AUD 4H Chart: Bulls Could Prevail
The common European currency surged by 1.51% against the Australian Dollar during last week’s trading sessions. The currency...
Elliott Wave View: XME Should See Further Upside
Short Term Elliott Wave structure for XME (S&P Metals & Mining ETF) suggests the rally from March 25,...
Global Sugar Supply Shortage Propels Price
Brazil, top exporter of Sugar, experiences record prices of ethanol as Covid-19 restrictions ease. Consumers take advantage of...
What is Pushing USD/CAD Lower?
Since the Bank of Canada met on April 21st , when they cut bond purchases from C$4 billion/week...
NZDUSD Gains Impetus Within Bullish Channel
NZDUSD is in the process of recapturing the ground above the Ichimoku cloud after recently bouncing off the...
Copper Futures Enter Bearish Phase After Record Highs
Copper futures for July delivery started a new bearish phase on the four-hour chart after their impressive rally...
GBPJPY Sellers Unable To Effectively Contest Ascent
GBPJPY is edging across the 153.39 level, which happens to be the previous high. The price is obeying...
EUR/USD Approaches Key Resistance At 1.2150 Decision Zone
EUR/USD has made another bullish bounce at the 21 ema zone after breaking the resistance trend line. Price...
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