NZDJPY Prints Fresh 3-Year High, Short-Term Bias Bullish
NZDJPY gained significant positive traction following the Reserve Bank of New Zealand’s rate announcement, stretching its one-year-old uptrend...
Market Morning Briefing: Pound Looks Stable In The 1.42-1.41 Region
STOCKS Equities continue to look broadly positive. Dow remains stable within its 33500-35000 range and is likely to...
GBP/USD Outlook: Cable Drops on Weak Data, Strong Rise of EUR/GBP Cross
Cable lost traction on Tuesday and fell around 100 pips, deflated by downbeat CBI survey of the retail...
USDCAD Eyeballs Recently Reached 6-Year Bottom
USDCAD is consolidating between its freshly found footing at 1.2012, a multi-year bottom, and the high of 1.2144....
AUDUSD Tries to Overthrow Bearish Pressures
AUDUSD is successfully recapturing some of the pair’s recently lost ground but this progress may be short-lived should...
Volatility in EUR/USD Will Remain High
On Monday, May 24th, the major currency pair is consolidating at 1.2187. However, the fact that the previous...
US 500 Index Flashes Green Above 200-SMA
The US 500 stock index (Cash) is conveying a slight increase in positive impetus, after its latest rally...
EUR/USD Outlook: Euro Risks Deeper Pullback after Bulls Repeatedly Stalled
The Euro lost traction on Friday following comments from ECB President Lagarde who said that it is still...
Oil Price Outlook: A Major Bearish Trend Line Is Forming With Resistance Near $62.40
Crude oil price started a fresh decline from well above the $65.00 level against the US Dollar. The...
USDCAD Touches 6-Year Low But Bearish Bias Retains Command
USDCAD is tiptoeing across the 1.2060 support barrier, related to the critical trough from back in September 2017,...
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