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Japanese yen setups: usd/jpy muted after breakout, aud/jpy forges double top

USD/JPY is showing signs of exhaustion after its impressive rally in recent weeks. Meanwhile, AUD/JPY is carving out a double top pattern, which may h...

May 25, 2023, 1:44 am

Gold under pressure from us dollar index, bonds

Gold prices signalled a bearish trend early this week – dropping from $2,020 per ounce and testing th...

May 24, 2023, 4:59 pm

Dollar extends to the upside. new usd highs for the day vs jpy, chf, cad, aud and nzd

The dollar is making a run to the upside. There are new highs for the day versus the JPY, CHF, CAD, AUD and NZD. The GBPUSD is testing its earlier low...

May 24, 2023, 2:27 pm

Nasdaq 100 technical: bulls getting exhausted

bearish reversal elements have been sighted for Nasdaq 100 The +30% up move from the 28 December low ha...

May 24, 2023, 12:40 pm

Sell infosys, wipro stocks as they are ‘highly exposed' to earnings risks, analyst says

J.P. Morgan slapped bearish ratings on both Infosys Ltd. and Wipro Ltd....

May 24, 2023, 11:23 am

Nasdaq 100 technical: bulls are getting exhausted

bearish reversal elements have been sighted for Nasdaq 100 The +30% up move from the 28 December low ha...

May 24, 2023, 10:12 am

Oil price forecast: higher as us inventories tighten, saudi minister warns speculators

Decreasing U.S. inventories, Saudi warning to speculators, and excessively bearish positions raise pros...

May 24, 2023, 9:58 am

Gold’s bears take the upper hand

Gold remains under pressure and risk is still to the downside as prices continue to drift lower from the 2,079.19 record high. The short-term technica...

May 24, 2023, 9:13 am

Nzdusd plummets after rbnz rate decision

NZDUSD was steadily regaining ground after experiencing a pullback from its three-month peak of 0.6383. However, the pair retraced lower on the back o...

May 24, 2023, 8:28 am

Aud/usd price analysis: aussie bears eye fresh yearly low, focus on 0.6545

AUD/USD takes offers to refresh monthly low, extends previous day’s fall. Clear downside break of 2.5-month-old ascending trend line, ...

May 24, 2023, 7:44 am

Eur/usd turns red, usd/chf bulls in control

EUR/USD started a fresh decline from the 1.0830 resistance. USD/CHF is rising and might aim a move toward the 0.9060 resistance. Important Takeaways f...

May 24, 2023, 7:29 am

Usd/jpy price analysis: rising wedge at multi-day top keeps yen buyers hopeful near 138.50

USD/JPY portrays bearish chart formation at the highest levels in six months. Downbeat MACD signals als...

May 24, 2023, 6:29 am

Dax set for a bearish open as investors focus on debt ceiling talks

German business sentiment figures and ECB chatter will provide early direction to the DAX. However, US debt ceiling talks remain the focal point. The ...

May 24, 2023, 3:46 am

Gold price forecast: xau/usd grinds near $1,970 amid fed concerns, debt ceiling woes – confluence detector

Gold Price remains sidelined around key support confluence as markets await for Fed Minutes, US debt ceiling extension. Anxiety ahead of the key data/...

May 24, 2023, 3:44 am

Hang seng index, asx200, nikkei 225: us debt crisis hits riskier assets

It was a bearish morning for the Hang Seng Index and the broader Asian markets, with a failure to reach...

May 24, 2023, 3:05 am

Nzd/usd stays bearish around mid-0.6200s on downbeat nz retail sales, rbnz, fed minutes eyed

NZD/USD holds lower grounds as New Zealand’s Q1 Retail Sales growth disappoints ahead of RBNZ. Fears of US default weigh on market sentiment, as wel...

May 23, 2023, 11:29 pm

Gbp/usd forex signal: ripe for a bearish breakdown to 1.2238

bearish view Sell the gbp/usd pair and set a take-profit at 1.2238 (50% retracement). Add a stop-loss a...

May 23, 2023, 11:29 pm

Eur/usd forecast: euro erases recent gains, bearish pressure increases

The Euro lags behind after weaker-than-expected Eurozone PMI data releases. The US dollar remains strong across the board amid risk aversion; attentio...

May 23, 2023, 8:44 pm

Aud/usd forecast: looking at 0.6600 and below

On the 4-hour chart, the bearish pressure continues to build up in AUD/USD, indicating a test of 0.6600...

May 23, 2023, 7:29 pm

Gbp/usd technical analysis: bearish correction

The gbp/usd exchange rate rose before last weekend to the level of 1.2485. At the beginning of this week’s trading it moved in a narrow rang … The...

May 23, 2023, 7:29 pm


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