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Usd/jpy: near-term bias remains negative below 140

The USDJPY edges lower on Wednesday, keeping negative bias below psychological 140 barrier, after repeated failure to clear this level in past three d...

June 7, 2023, 10:28 am

Technical analysis: gold breaches trendline, eur/usd slips below 1.07 again

Gold has breached its ascending trendline and could soon drop below the Ichimoku cloud as well, as the short-term momentum indicators are pointing dow...

June 5, 2023, 11:44 am

Gold breaches trendline as sentiment sours

Gold has breached its ascending trendline and could soon drop below the Ichimoku cloud as well, as the short-term momentum indicators are pointing dow...

June 5, 2023, 10:22 am

Will usdchf start a new bullish wave?

USDCHF is trading at the bottom of an upward-sloping channel, increasing speculation that the pair is preparing for its next bull run as traders are e...

June 2, 2023, 11:22 am

Will the us 100 index come under profit-taking pressure?

The US 100 stock index (cash) opened June’s trading session on a neutral note, though the formation of a bearish doji at the top of the uptrend keep...

June 1, 2023, 2:29 pm

Audusd escapes bearish breakdown but bias weak

AUDUSD bounced back above the nearby 0.6483 base, which has been buffering selling forces since the start of May, after a flash spike to a new six-mon...

June 1, 2023, 8:55 am

Eur/usd: bears hold grip ahead of eu inflation report

The Euro remains at the back foot in early Thursday despite Wednesday’s strong downside rejection and signal of bear-trap formation on daily chart, ...

June 1, 2023, 8:53 am

Usdjpy looks overbought but still supported

USDJPY came under weak selling pressure after peaking at a six-month high of 140.91 on Monday, with the pair set to close in negative territory for th...

May 31, 2023, 9:55 am

Eur/usd: larger bears to remain intact while key 1.0800 resistance zone caps recovery

The Euro edges higher in early Monday trading, generating initial bullish signal on formation of reversal pattern on daily chart, after Friday’s Doj...

May 29, 2023, 8:21 am

Usdchf trims gains within bullish channel

USDCHF drifted down to 0.9017 after facing resistance around the familiar long-term constraining zone of 0.9070. The negative slope in the RSI and the...

May 26, 2023, 11:28 am

Aud/usd pauses decline but bears still in control [video]

From a technical perspective, the bearish wave has more room to run as the falling RSI has yet to reach its 30 oversold level, while the ...

May 25, 2023, 10:44 am

Usdjpy remains above 200-sma and within upward channel

USDJPY is holding above the key 137.90 level and the 200-day simple moving average (SMA), suggesting that more bullish actions could come within the s...

May 24, 2023, 7:27 am

Usd/jpy: bulls to pause for consolidation before resuming

The USDJPY is consolidating under new multi-month high (138.74) as traders collected some profits after last week’s 1.65% advance. Friday’s close ...

May 22, 2023, 9:13 am

Wti futures stuck in range after bounce off 17-month low

WTI oil futures (July delivery) had been in recovery mode, but the 200-day simple moving average (SMA) recently rejected their latest advance. Since t...

May 18, 2023, 10:11 am

Eurusd retests 13-month high ahead of ecb meeting

EURUSD is attempting once more to climb above the 13-month high of 1.1095, endorsing the long-term upside structure. This outlook is reinforced by the...

May 4, 2023, 7:28 am

Wti crude oil dipsfurther from 200-day sma

WTI crude oil futures have been underperforming over the last couple of weeks after the pullback off the 83.46 resistance and the 200-day simple movin...

April 27, 2023, 7:23 am

Usdcad loses steam within a trading range

USDCAD has been on the sidelines over the last four months as 1.3700 seems to be a real struggle for the bulls. In the near-term, the market is losing...

March 3, 2023, 8:52 am

Gold strengthens the rebound around 1,800

Gold is overperforming the last couple of sessions on the 4-hour chart, advancing above the short-term downward sloping channel and the 20- and the 50...

March 1, 2023, 11:04 am

Usd/jpy: dollar losing traction but more signals needed to spark deeper drop

The USDJPY edged lower in early Thursday but remains within 130.50/132.90 range which extends into fourth consecutive day. Fading bullish momentum and...

February 9, 2023, 11:56 am

Wti crude oil gains some ground within trading range

WTI crude oil futures’ price is gaining some ground after the strong bounce off the lower boundary of the trading range of 72.45-82.60. The price is...

February 9, 2023, 9:01 am


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