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Us oil looks to bottom out

WTI crude edges higher over smaller-than-expected US inventories. A bounce off the daily demand zone around 73.00 indicates that sentiment has stabili...

February 9, 2023, 8:23 am

Eur/aud daily outlook

Daily Pivots: (S1) 1.5404; (P) 1.5446; (R1) 1.5516; More… Deeper fall could be seen in EUR/AUD to retest 1.5254/71 support zone. Firm break there wi...

February 9, 2023, 6:34 am

Gold price forecast: xau/usd at crossroads amid bearish rsi and potential bull cross

Gold price is continues its effort toward the $1,900 mark for the fourth straight on Thursday, as the United States Dollar (USD) struggles to extend i...

February 9, 2023, 5:44 am

Nzd/jpy price analysis: sellers moved in, as a bearish-pennant emerges

bearish pennant in the NZD/JPY 1-hour chart warrants downward pressure lying ahead. NZD/JPY failed to g...

February 8, 2023, 11:59 pm

Technical market outlook and review: although the price of gold is higher this week, momentum has been sluggish

XAU/USD (Gold) Although the price of gold is higher this week, momentum has been sluggish, consequently establishing a potential ...

February 8, 2023, 9:42 pm

Eur/usd price gains ground, focus on fedspeak

The EUR/USD pair remains bearish in the short term as long as it stays under the near-term resistance l...

February 8, 2023, 12:50 pm

Wti crude oil staying bearish despite strong rebound

WTI crude oil rebounded strongly yesterday, as lifted by news of outage of an oil export terminal after the earthquake in Turkey. But upside is capped...

February 8, 2023, 12:40 pm

More upside still in favor in sluggish ethereum and bitcoin

Crytocurrencies have been rather sluggish since the near term rebound lost momentum in late January. Yet, for now, there is no clear sign of a ...

February 8, 2023, 12:32 pm

Gbp/usd pair moved into a short-term bearish zone below 1.2365

The British Pound started a bearish reaction from the 1.2420 resistance zone against the US Dollar. The...

February 8, 2023, 10:06 am

Cooling sentiment in the gold market could push this etf higher

With companies increasing their payrolls more than expected during the month of January, investors turned the risk-on dial higher, pushing safe haven ...

February 8, 2023, 9:06 am

Eur/aud daily outlook

Daily Pivots: (S1) 1.5344; (P) 1.5465; (R1) 1.5537; More… Intraday bias in EUR/AUD is back on the downside with break of 4 hour 55 EMA. Deeper fall ...

February 8, 2023, 6:09 am

Crude oil price could recover if it clears this hurdle

Key Highlights Crude oil price is facing resistance near the $76.50 zone. A connecting bearish trend li...

February 8, 2023, 4:26 am

Is gold set for a ‘sympathy bounce’ towards 1900?

It was a tough end to the week for gold bugs which saw the yellow metal plunge 5% from its YTD high. Yet support was found just above the 50-day EMA, ...

February 8, 2023, 4:22 am

Usd/jpy traces softer yields to slid beneath 131.00, us president biden’s sotu eyed

USD/JPY extends the previous day’s bearish momentum with a slower pace. US Treasury bond yields ease ...

February 8, 2023, 1:29 am

Gold price forecast: xau/usd stays on bumpy bearish road on mixed federal reserve talks

Federal Reserve officials sound hawkish during their latest appearances. United States Treasury bond yields weigh on XAU/USD despite US Dollar retreat...

February 7, 2023, 11:29 pm

Eurusd trend reversal stalls after powell remarks

From its peak above 1.1000 last week, EURUSD has produced a significant reversal that has undermined a rising channel/wedge stretching back to Novembe...

February 7, 2023, 9:00 pm

Aud/usd forecast: bearish despite ending the day in the green

The US Dollar strengthened heading into the European session, with AUD/USD falling to 0.6885 ahead of US Federal Reserve (Fed) Chair Jerome Powell’s...

February 7, 2023, 8:14 pm

Gbpusd short term forecast follow up and update

Hi Traders! GBPUSD short term forecast follow up and update is here. On January 25th I shared this “GBPUSD Technical Analysis And Short Term Forecas...

February 7, 2023, 4:18 pm

Ichimoku cloud analysis 07.02.2023 (eurusd, gbpusd, audusd)

By RoboForex.com EURUSD, “Euro vs US Dollar” EURUSD is descending by a bearish channel. The instrum...

February 7, 2023, 3:15 pm

Gbp/usd forms bearish double top, confirmation required [video]

If the bears snap the 1.1945 floor, the pair may tumble towards the 1.1740 constraining zone, confirming a bea...

February 7, 2023, 11:59 am


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