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Gbpusd daily analysis – august 22, 2023

The GBPUSD currency pair is currently confronting a key resistance level at 1.2817. A decisive breakthrough above this level would serve as ...

August 22, 2023, 7:24 am

Microsoft pushes fresh takeover deal for activision blizzard

The UK's Competition and Markets Authority (CMA) has initiated a new Phase-1 investigation into Microsoft Corporation (NASDAQ:MSFT)'s revised proposal...

August 22, 2023, 3:43 am

Gold price forecast: xau/usd looks to recapture $1,900, falling wedge, jackson hole eyed

Gold Price portrays bearish consolidation at multi-month low. China stimulus, positioning for Jackson Hole Symposium challenge XAU/USD sellers. Fallin...

August 21, 2023, 10:29 pm

Eur/chf daily outlook

Daily Pivots: (S1) 0.9554; (P) 0.9576; (R1) 0.9616; More… Intraday bias in EUR/CHF remains neutral as sideway trading continues. On the upside, brea...

August 21, 2023, 6:39 am

Eur/chf weekly outlook

EUR/CHF gyrated lower to 0.9541 last week but recovered ahead of 0.9520. Overall outlook is unchanged as range trading continued. On the upside, break...

August 19, 2023, 1:07 pm

Dollar index hits new two-month high

The Dollar Index hit new near two-month high on Friday, after price action slightly reduced speed on Thursday. Break of Fibo resistance at 103.32 (76....

August 18, 2023, 1:35 pm

Usdjpy technical analysis - the confirmation of the breakout is key

The Fed is waiting for the totality of the data to be released before deciding what to do at their September meeting. As of now, the data supports the...

August 18, 2023, 10:42 am

Eur/chf daily outlook

Daily Pivots: (S1) 0.9537; (P) 0.9562; (R1) 0.9576; More… Outlook in EUR/CHF is unchanged and intraday bias remains neutral. On the upside, break of...

August 18, 2023, 7:59 am

Usd/jpy price analysis: rising wedge confirmation, upbeat japan inflation and softer yields favor bears

USD/JPY extends the previous day’s pullback from YTD high, stays pressured near intraday low of late. confir...

August 18, 2023, 3:29 am

The aussie decline looks set to continue

The selling today is in part to do with the poor Australian jobs report earlier here. But it also comes against the backdrop of a firmer dollar from y...

August 17, 2023, 4:34 am

Eur/chf daily outlook

Daily Pivots: (S1) 0.9566; (P) 0.9581; (R1) 0.9595; More… EUR/CHF is staying in established range and intraday bias remains neutral for the moment. ...

August 16, 2023, 5:33 am

Magna mining drills high-grade nickel core at crean hill project in ontario

Magna Mining Inc (TSX-V:NICU) has released additional assay results from the ongoing 2023 diamond drilling program at the Crean Hill Nickel Project i...

August 15, 2023, 9:05 am

Eur/chf weekly outlook

Range trading continued in EUR/CHF last week and outlook is unchanged. Initial bias remains neutral this week. On the upside, break of 0.9647 will res...

August 12, 2023, 11:25 am

Rivian reports tuesday, can the ev maker wow investors again?

Rivian Automotive Inc (NASDAQ:RIVN) announces its second quarter earnings after Tuesday's market close, with the market keen to see ...

August 7, 2023, 9:37 am

Gold's green day: a closer look at resistance levels and trend reversals

Gold market witnesses an intriguing shift with a bullish reversal and outside day. Technical indicators hint at a potential upward trend, but further ...

August 4, 2023, 4:23 pm

Usd/jpy turns back to bearish mode from resistance

USDJPY turned sharply down from projected resistance as we warned about on July 31. Well, A-B-C correction can be now completed and we should be aware...

August 4, 2023, 2:42 pm

Dax technical analysis and short term forecast

Hi Traders! Dax technical analysis and short term forecast is here. The way I would like to analyze the chart for setups is based on multi-timeframe c...

August 1, 2023, 10:48 am

Usd/jpy retesting strong intraday resistance

USDJPY is retesting the 142 – 143 resistance zone as a larger 3-3-5 regular A-B-C flat correction, where wave C can be already in final stages. So, ...

July 31, 2023, 2:38 pm

Baden wuerttemberg july cpi +6.8% vs +6.9% y/y prior

This adds to the one from NRW earlier here. The headline points to a softer annual inflation figure compared to June at least but we will get added ...

July 28, 2023, 7:48 am

Eur/usd forecast: hawkish fed tone to trigger another leg lower

A confirmation of one more rate increase in November or December could provide a boost to the USD and w...

July 26, 2023, 8:59 am


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