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Eur/usd: completion of bearish pattern on daily chart adds to downside risk

The Euro is holding in a narrow consolidation near one-month low in European session on Tuesday. Near-term focus is shifting to the downside, as stren...

February 7, 2023, 11:27 am

Gbpusd forms bearish double top; confirmation required

GBPUSD raised questions over its four-month-old positive trend after failing to print a new higher high above December’s peak of 1.2445, subsequentl...

February 7, 2023, 9:45 am

Usd/cad price analysis: canada’s ivey pmi hits 8-month high

The dollar weakened on Tuesday following its gain the day before. Canadian economic activity grew in January at its fastest rate in eight months. Inve...

February 7, 2023, 9:20 am

Intraday analysis – usd breaks higher

USDJPY grinds supply zone The US dollar extended gains on the NFP momentum. On the daily chart, the 30-day SMA (131.10) has been acting as a tough res...

February 7, 2023, 7:22 am

Fxwirepro: aud/usd snaps 3-day bearish streak, rba matches market forecasts with a 0.25% rate hike

Chart – Courtesy Trading View AUD/USD was trading 0.67% higher on the day at 0.6928 at around 05:15 GMT, extends bounce off 55-EMA. The pair has sna...

February 7, 2023, 5:59 am

Gbp/usd price analysis: cable pares losses on the way to 200-dma support

Clear downside break of previous key support lines, bearish MACD signals favor sellers. GBP/USD consoli...

February 7, 2023, 4:44 am

Markets: bitcoin, ether fall with bearish u.s. equities, but bitcoin long bets jump

Bitcoin and Ether dipped in Tuesday morning trading in Asia along with all other top 10 non-stablecoin cryptocurrencies as Wall Street fell overnight ...

February 7, 2023, 3:14 am

Nzd/usd price analysis: bears eye a move to test 0.6200 for teh days ahead

A meanwhile correction in NZD/USD is playing out. However, a break of structure can be noted as a bearish ...

February 7, 2023, 2:29 am

Cisco (csco) ended a bearish cycle and it should continue with rally.

Cisco Systems, Inc., commonly known as Cisco (CSCO), is an American-based multinational digital communications technology conglomerate corporation hea...

February 6, 2023, 9:24 pm

Why paypal's bnpl expansion could be tricky

Yahoo Finance anchors Dave Briggs and Jared Blikre discuss PayPal shares closing lower after a bearish ...

February 6, 2023, 5:03 pm

Church & dwight upgraded as atlantic equities sees balanced risk/reward

Atlantic Equities stepped away from its formerly bearish view of Church & Dwight (CHD) on Monday, advis...

February 6, 2023, 1:14 pm

Pho: swimming against the tide - a bearish perspective on the water industry

Water investments have grown in popularity in recent years, owing to rising demand for ESG investments and increased awareness of the developing scarc...

February 6, 2023, 12:40 pm

Gold price under strong downside pressure after hot nfp

The XAU/USD is bearish in the short term despite temporary rebounds. A new lower low activates more dec...

February 6, 2023, 12:16 pm

Gold, silver, platinum – precious metals pull back as dollar tests new highs

Higher Treasury yields serve as an additional bearish catalyst for precious metals....

February 6, 2023, 12:14 pm

Aud/usd outlook: aussie remains under increased pressure

The AUDUSD is consolidating above new three-week low in European session on Monday, but remains at the back foot, weighed by Friday’s large ...

February 6, 2023, 11:30 am

Gbp/usd forecast: pound sterling needs to reclaim 1.2070 to stretch higher

GBP/USD has managed to gain traction and climbed above 1.2050 early Monday after having opened with a bearish ...

February 6, 2023, 10:29 am

Daily forex news and watchlist: aud/jpy

Are risk-off flows picking up today? If so, here’s a channel-within-a-channel bearish setup on AUD/JP...

February 6, 2023, 10:08 am

Mullen automotive stock, the tide has turned

While Mullen Automotive (NASDAQ: MULN) is not out of the woods, it appears the tide has turned for the stock. The short-interest data suggests the ...

February 6, 2023, 9:25 am

Gold price is currently consolidating losses from $1,861

Gold price started a fresh decline from the $1,960 zone against the US Dollar. The price declined heavily below $1,925 and moved into a ...

February 6, 2023, 9:21 am

Gbp/usd outlook: 3-week lows after positive us jobs report

US nonfarm payrolls increased by 517,000 last month. There is a 90% probability of a 25bps rate hike at the next Fed meeting. The BoE said that UK inf...

February 6, 2023, 9:10 am


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