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Aud/nzd price analysis: bulls and bears in battle on backside of trend

AUD/NZD is on the back side of the prior trendline resistance and an M-formation is forming which is a ...

May 16, 2023, 1:59 am

Gold price forecast: xau/usd remains inside the woods below $2,020.00 as investors await us retail sales

The downward-sloping trendline plotted from all-time highs at $2,079.78 is acting as a barricade for th...

May 15, 2023, 10:44 pm

Eur/usd price analysis: bulls eye a run to test trendline resistance near 1.0900-20

EUR/USD bull’s eye a strong continuation on the correction to the 38.2% Fibonacci 1.0900 and then1.0920s as the 50% mean reversion area. The case fo...

May 15, 2023, 8:14 pm

Bitcoin price analysis: bitcoin stumbles at $26k as bears extend rule

Bitcoin price analysis for today reveals BTC has been trading in a declining trendline. Bitcoin has dec...

May 13, 2023, 12:29 am

Gbp/usd outlook: pound may accelerate lower if boe softens tone about next steps

Extension of pullback from new 2023 high (1.2679, posted on Wednesday) hit weekly low and pressure pivotal supports at 1.2555 zone (bull-...

May 11, 2023, 11:29 am

Usd/jpy: slight bullish bias above trendline support but near-term outlook still mixed

The USDJPY edges higher in early Thursday, keeping slight bullish bias as recent drops (larger pullback from May 2 peak at 137.77 and Wednesday’s di...

May 11, 2023, 9:25 am

Gold price forecast: xau/usd bears lurking below counter-trendline

Gold price is eating into the support structure on the backside of the counter-trendline. Gold price ra...

May 10, 2023, 10:29 pm

Gold struggles as momentum falters

Multiple trendlines converge for an expanded target zone of $2,100-$2,113....

May 10, 2023, 4:20 pm

Gold fends off attack on $2000, usd/cad sinks, gbp/usd on cusp of epic breakout

Gold prices resume advance after Friday’s selloff. Elsewhere, USD/CAD extends drop and challenge its 2023 lows, while GBP/USD makes a move on a majo...

May 8, 2023, 5:30 pm

Bullish trendline could polish up jewelry stock

Signet Jewelers Ltd  (NYSE:SIG) stock is up 1.1% at $70.24 this afternoon, and still sports a modest year-to-date lead, despite shedding 11.4% over ...

May 8, 2023, 1:53 pm

Nzd/usd price analysis: bird flies into a critical juncture ahead of potentially high volatility

As per the prior analysis , NZD/USD Price Analysis: Bulls take on 0.62s and eye 50% mean reversion, whereby it was stated that the price was running t...

May 5, 2023, 1:29 am

Usd/jpy price analysis: key daily trendline support under pressure

The price was heavily offered in the Wall Street opening hours but the bulls scrambled back from the lows of the day down at 133.50 which now is a cri...

May 4, 2023, 10:44 pm

Nzdcad wave analysis

NZDCAD broke daily down channel Likely to rise to resistance level 0.8570 NZDCAD currency pair recently broke the resistance ...

May 4, 2023, 12:42 pm

Usd/cad price analysis: sets for a smooth ride as oil continues bloodbath, us/canada employment data eyed

USD/CAD is approaching the 61.8% Fibonacci retracement (placed from March 10 high at 1.3862 to April 14 low at 1.3301) at 1.3648. The downward-sloping...

May 3, 2023, 11:59 pm

Eur/usd price analysis: tests trendline breakout above 1.1000 ahead of fed/ecb policy

The EUR/USD pair has shown a marginal correction after facing fragile barricades around 1.1030 in the early European session. The major currency pair ...

May 3, 2023, 6:59 am

Nzd/usd price analysis: bulls take on 0.62s and eye 50% mean reversion

NZD/USD bulls in the market and eye a break of trendline resistance. 0.6200 is key in this regard as a ...

May 3, 2023, 1:44 am

Eur/usd bounces off trendline support to trade at about 1.1000

The EUR/USD currency pair on Tuesday bounced off the trendline support at about 1.0969 to trade at abou...

May 2, 2023, 11:14 pm

Eurcad wave analysis

EURCAD reversed from long-term resistance level 1.5095 Likely to fall to support level 1.4800 EURCAD currency pair previously reversed down strongly f...

May 1, 2023, 3:21 pm

Aud/usd price analysis: bears eye a break of 0.6607

AUD/USD has popped higher in the opening session to a high of 0.6623 but the daily technical outlook is bearish while on the back side of the broader ...

May 1, 2023, 2:29 am

S&p 500 technical analysis

On the daily chart below, we can see that the 4175 key resistance definitely held and the market couldn’t break above it once again. As the price br...

April 27, 2023, 10:29 am


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