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Weekly summary and review may 12th 2023

Hi Traders! Arvinth here from the Home Trader Club team. The weekly summary and, review of May 12th 2023 is here. It is now time to recap and summariz...

May 12, 2023, 12:50 pm

Gbp/usd price analysis: clings to gains above 1.2500, ascending channel support holds the key

A convincing break below the ascending channel support is needed to confirm a bearish break. The post G...

May 12, 2023, 10:59 am

Eur/usd: bears gain traction on break of pivotal fibo support/recent range floor

The Euro remains at the back foot in early Friday following 0.6% drop on Thursday, which generated bearish ...

May 12, 2023, 9:19 am

Curaleaf stock price analysis: sell in may and go away

Curaleaf (CURA) stock price has been in a strong bearish trend in the past few months as the cannabis s...

May 12, 2023, 8:24 am

Usdcad rebounds strongly above 200-day sma

USDCAD has been generating a structure of lower highs after peaking at the 2023 high of 1.3860 in mid-March. Although the pair managed to bounce off i...

May 12, 2023, 8:21 am

Price pressure on gold, silver as usdx, bond yields rise

(Kitco News) - Gold and silver prices are down in early U.S. dealings Friday, with silver falling to a six-week low. A rally in the U.S. dollar index ...

May 12, 2023, 7:52 am

Carl icahn's company's stock rises 6% premarket

Icahn Enterprises LP's stock IEP, -1.77% rose 6% premarket Friday, after closing down almost 2% on Thursday, after short seller Hindenburg Research in...

May 12, 2023, 7:26 am

Gbp/usd future overview

GBP/USD: Time to Short? By Scott Barkley – Apr 27, 2023 2 Bearish: GBP/USD is currently at 1.2440 in a range and a breakout of slope support. If we ...

May 12, 2023, 6:44 am

Pound sterling price news and forecast: gbp/usd licks its wounds after the biggest daily loss in seven weeks

In doing so, the Cable pair justifies the downside break of a two-month-old ascending trend line, as well as b...

May 12, 2023, 4:44 am

Eur/usd price analysis: euro bears struggle to justify 1.0970 support break

EUR/USD remains pressured at the lowest level in a month. Bears flirt with 50-day EMA after breaking key support confluence. Steady RSI (14) line, ...

May 12, 2023, 12:44 am

Gbp/usd price analysis: cable bears need validation from 1.2500 and uk gdp to keep the reins

GBP/USD licks its wounds after posting the biggest daily loss in seven weeks. Downside break of two-month-old ascending trend line, ...

May 11, 2023, 11:44 pm

Eur/usd forecast: bearish, key support at 1.0890

The EUR/USD pair is on its way to the lowest daily close in a month, weighed by a stronger US Dollar and a deterioration in market sentiment. The retr...

May 11, 2023, 8:59 pm

Usd/cad: lows in sight as bearish sentiment creates momentum

In the last week of March and first week of April the USD/CAD was trading above the 1.36000 price tag with a rather sustained effort. Read Full Story ...

May 11, 2023, 7:15 pm

Fxwirepro: gbp/ nzd edges higher but outlook still bearish

GBP/NZD recovered some ground on Thursday as bids emerged around 1.9800 after BoE raises rates by 25 bps to 4.5%. The Bank of England raised its bank ...

May 11, 2023, 6:59 pm

Audusd falls back below the 200 day ma

The AUDUSD fell sharply today after an initial move higher found will sellers vs the 100 day MA. The subsequent fall has now taken the price below the...

May 11, 2023, 6:36 pm

‘death cross' in 10-year yield highlights the end of the longest bullish stretch in at least 30 years

A bearish “death cross” has appeared in the daily chart of the 10-year Treasury yield, to reflect t...

May 11, 2023, 4:29 pm

Gbp/usd wave analysis

Sterling reversed from resistance level 1.2640 Likely to fall to support level 1.2400 Sterling under the beari...

May 11, 2023, 4:11 pm

Put traders blast walt disney stock after earnings

Put traders are targeting Walt Disney Co   (NYSE:DIS) stock after earnings, with 129,000 bearish bets ...

May 11, 2023, 10:32 am

Gbp/usd forex signal: rally capitulating ahead of boe hike

Advertisement don’t take chances – trade the currency markets now get started bearish view Sell the...

May 11, 2023, 9:59 am

Gold price turns bearish below $2,030, eying boe meeting

XAU/USD signaled exhausted buyers. Taking out the weekly pivot point activates more declines. The BOE and the US data should bring high action today. ...

May 11, 2023, 9:44 am


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