Gbp/usd set to drop towards 1.2250 – scotiabank

GBP/USD was capped at 1.2450 yesterday. The pair could dip to the mid-1.22s in the next 1 -2 days, in the view of economists at Scotiabank. “Intrada...

December 15, 2022, 2:59 pm

Gbp/usd mid-day outlook

Daily Pivots: (S1) 1.2365; (P) 1.2405; (R1) 1.2469; More… Intraday bias in GBP/USD is turned neutral with current retreat. On the downside, break of...

December 15, 2022, 2:31 pm

As american express meets resistance, bearish option trade targets 12% drop

For maximum profit, American Express stock would need to drop 12.4% between now and expiration on Jan. 20. The post As American Express Meets Resistan...

December 15, 2022, 9:47 am

Usd/jpy forecast: easing us inflation confirms the fed pivot

US consumer price inflation increased less than anticipated last month. The core CPI increased by 6.0% in the twelve months ending in November. Fed fu...

December 15, 2022, 8:44 am

Usd/jpy price analysis: bulls attack monthly hurdle surrounding 136.00

USD/JPY picks up bids to snap two-day downtrend. Multiple levels marked since December 01 restricts immediate upside. Receding ...

December 15, 2022, 6:14 am

Technical outlook and review

USD/JPY: The current general bias for USDJPY on the H4 chart is bearish. To add confluence to this, the price is crossing under the Ichimoku cloud whi...

December 15, 2022, 5:09 am

Usd/chf could extend losses, boe rate decision next

Key Highlights USD/CHF declined below the 0.9400 and 0.9350 support levels. A major bearish trend line ...

December 15, 2022, 5:03 am

Australian dollar reversal warnings grow as aud/usd falls on disappointing chinese data

The Australian Dollar fell as Chinese industrial production and retail sales disappointed across the board. AUD/USD ...

December 15, 2022, 2:59 am

Gold price forecast: xau/usd retreats to $1,800 as yields lick fed-led wounds, central banks in focus

Gold price remains pressured at intraday low after recently welcoming sellers. bearish RSI divergence, ...

December 15, 2022, 2:14 am

Australian dollar reversal warnings grow as aud/usd falls on disappointing chinese data

The Australian Dollar fell as Chinese industrial production and retail sales disappointed across the board. AUD/USD ...

December 15, 2022, 2:00 am

Aud/nzd price analysis: bulls test a key daily trendline resistance

AUD/NZD bulls eye a break out of the bear cycle. A test of the bearish trendline could be on the cards ...

December 15, 2022, 1:59 am

Gbp/usd price analysis: double tops, rising wedge tease bears as boe looms

Double tops, bearish wedge formation joins RSI retreat to tease sellers. Key Exponential Moving Average...

December 15, 2022, 1:44 am

Usd/cad price analysis: bears eye a break of bull cycle trendline

USD/CAD is being resisted by the upper quarter of the 1.35s around a 50% mean reversion of the prior bearish <...

December 15, 2022, 12:59 am

Us eia weekly crude oil inventories +10231k vs -3595k expected

• Prior crude -5187K
• Gasoline +4496K vs +2714K exp
• Distillates +1364 vs +2517K exp
• Refinery utilization -3.3% vs -0.1% e...

  December 14, 2022, 3:30 pm

Gold price outlook now turns to cpi data as xau/usd flirts with wedge breakout

Gold prices fell ahead of key US CPI data due later on Tuesday. XAU/USD is flirting with breaking under a bear...

December 14, 2022, 3:29 pm

Us stocks set for slight dip at the open, oil catches a bid

US equity futures are fractionally lower just ahead of the open. Most of the day is likely to feature watching and waiting until we get the Fed dec...

December 14, 2022, 2:23 pm

Workday: i called this wrong, why i'm bullish

Workday was a stock that I was bearish on, as I believed that its operations would struggle over the ne...

December 14, 2022, 12:55 pm

Usd/jpy air started a fresh decline from 140.00

The US Dollar started a fresh decline from the 140.00 resistance zone against the Japanese Yen. The USD/JPY pair traded below the 138.00 level to move...

December 14, 2022, 11:21 am

Usdjpy unable to break below 200-day sma

USDJPY has been in a prolonged uptrend for almost two years, crossing above its historical resistance levels to post a 32-year high of 151.94 in Octob...

December 14, 2022, 8:51 am

Down 61% to 71%, these colossal growth stocks could be ready for a surge

Business growth will eventually win over the current bearish sentiment....

December 14, 2022, 8:00 am