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Canadian dollar strengthens ahead of inflation news

On September 7, we wrote that the level of 1.365 could serve as resistance, from which the price will form a b...

September 18, 2023, 6:58 am

Eur/jpy technical: bulls may have reached a key bearish reversal zone

The 9-month rally seen in the EUR/JPY has reached a key major resistance zone of 158.55/159.80. Several technical elements have started to hint at sig...

September 18, 2023, 6:56 am

Gbp/usd extends losses while eur/gbp gains strength

GBP/USD extended losses and traded below the 1.2465 support. EUR/GBP is rising and might climb above the 0.8615 resistance. Important Takeaways for GB...

September 18, 2023, 6:53 am

Eur/jpy technical: bulls may have reached a key bearish reversal zone

The 9-month rally seen in the EUR/JPY has reached a key major resistance zone of 158.55/159.80. Several technical elements have started to hint at sig...

September 18, 2023, 6:19 am

Gbp/usd risks further downside in the near term – uob

According to Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group, GBP/USD could extend the ...

September 18, 2023, 5:44 am

Gbp/usd price analysis: remains on the defensive below the 1.2400 mark, uk inflation, fed rate decision eyed

GBP/USD remains under pressure near a three-month low of around 1.2390 on Monday. The pair holds below the 50- and 100-hour EMAs; Relative Strength In...

September 18, 2023, 4:29 am

Aud/usd: dual resilience and rba’s tightening bias

Despite a resilient AUD/USD performance, bearish sentiment lingers. Explore the factors affecting the A...

September 18, 2023, 3:44 am

Eur/usd faces uphill task, oil price rallies further

Key Highlights EUR/USD started a fresh decline and traded below 1.0700. A key bearish trend line is for...

September 18, 2023, 3:28 am

Stocks this week: sell short autozone

The next week is post-OPEX week (18th through the 22nd) and the most bearish week in any year, Septembe...

September 17, 2023, 6:05 pm

Nzd/usd: kiwi stuck near 0.5900 as bullish momentum proves fickle

The 50- and 100-day Simple Moving Averages (SMAs) are in a bearish decline, piled up at 0.6060 and 0.61...

September 17, 2023, 5:14 pm

Torm: record q2, revisiting the valuation case as share-price momentum slows

Global growth outlook improves, despite concerning data trends in China. TORM plc operates as a shipping company, benefiting from increased demand in ...

September 16, 2023, 11:29 pm

Is nvidia's stock price forming monster bearish reversal pattern?

Back on August 25th, we wrote a post on Nvidia's stock (NVDA) hitting its 161% Fibonacci extension level. Today we turn to Joe Friday and provide an u...

September 16, 2023, 5:19 pm

Speculator extremes: cocoa, bitcoin, eafe & corn lead bullish & bearish positions

By InvestMacro The latest update for the weekly Commitment of Traders (COT) report was released by the Commodity Futures Trading Commission (CFTC) on ...

September 16, 2023, 2:18 pm

Gbp/usd weekly forecast: sellers overwhelm ahead of boe/fed

The UK released GDP data that was much lower than expected. The US CPI and PPI figures beat forecasts. The Bank of England is set to raise its main ra...

September 16, 2023, 10:24 am

Eur/usd weekly forecast: ecb-fed differential to grow

US inflation came in higher than expected. While the ECB raised rates to a record high, it also signaled the end of its rate hike campaign. The Federa...

September 16, 2023, 10:18 am

Elliott wave analysis of usdcad – september 18, 2023

In a bearish reversal which Elliott Wave analysis helped us to predict, USDCAD plunged sharply last wee...

September 16, 2023, 8:16 am

Natural gas price compression may lead to consolidation prior to a breakout

Amidst a bearish retracement, natural gas treads cautiously, testing support at 2.64. Lower levels at 2...

September 15, 2023, 8:12 pm

Bullish gbp sentiment is weakening – scotiabank

Technical signals are leaning bearish after GBP/USD broke below bull trend support in the 1.28 area at ...

September 15, 2023, 3:14 pm

Weekly summary and review 15th september 2023

Hi Traders! Arvinth here from the Home Trader Club team. The weekly summary and, review of September 15th 2023 is here. It is now time to recap and su...

September 15, 2023, 2:43 pm

Delta air lines (dal) stock down 0.56% on bearish q3 view

Delta Air Lines (DAL) now anticipates third-quarter 2023 adjusted earnings in the range of $1.85-$2.05 per share (prior view: $2.20-$2.50)....

September 15, 2023, 1:32 pm


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