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Xauusd intermediate correction begins bullish impulse

In the long term, XAUUSD builds a primary double zigzag consisting of three main sub-waves Ⓦ-Ⓧ-Ⓨ. There is a high probability that a third sub-w...

June 5, 2023, 7:06 am

Eur/usd recovery could fade as bears remain in control

Key Highlights EUR/USD attempted a minor upside correction from 1.0635. It traded above a key bearish t...

June 5, 2023, 4:58 am

Eur/usd recovery could face as bears remain in control

EUR/USD attempted a minor upside correction from 1.0635. It traded above a key bearish trend line with ...

June 5, 2023, 2:44 am

Silver price analysis: xag/usd reaches two-week highs, approaches the 50-day ema

XAG/USD remains sideways after an ongoing correction lifted Silver from around two-month lows of $22.68...

June 3, 2023, 10:59 pm

Gbp/usd weekly outlook

GBP/USD rebounded strongly to 1.2543 last week but retreated since then. Initial bias is neutral this week first. On the upside, above 1.2543 will res...

June 3, 2023, 3:34 pm

Gold retracement: key support areas and potential upside targets

Current retracement in gold calls for caution as it works its way through, with a potential target of 2,002 from a rising ABCD pattern once the...

June 2, 2023, 4:10 pm

Crowdstrike: another tech stock to buy on the dip

CrowdStrike Holdings Inc. NASDAQ: CRWD, the company's first-quarter results and the price action they inspired echo a theme sounded by ID security fir...

June 2, 2023, 12:11 pm

Usd/cad shifts focus to the downside after deep fall [video]

The fast downside correction follows the double top creation around the tough resistance of 1.3650, whi...

June 2, 2023, 10:29 am

Gbpjpy extends advance to 7½-year high

GBPJPY has been stuck in an upward sloping channel since early April, generating a structure of higher highs and creating a fresh 7½-year peak of 174...

June 2, 2023, 9:13 am

Usdcad shifts focus to the downside after deep fall

USDCAD plunged by 1.2% in the first trading day of June, sliding back below its simple moving averages (SMAs) to mark a new two-week low of 1.3417 on ...

June 2, 2023, 9:12 am

Gbp/usd daily outlook

Daily Pivots: (S1) 1.2438; (P) 1.2489; (R1) 1.2577; More… Intraday bias in GBP/USD remains mildly on the upside for the moment. Rebound from 1.2306 ...

June 2, 2023, 6:49 am

3 penny stocks sitting on huge-upside catalysts

It's been a wild ride for penny stock investors since 2020. The euphoria meme and penny stock rally of 2021 was followed by a big...

June 2, 2023, 5:21 am

Usd/jpy starts downside correction, us nfp next

Key Highlights USD/JPY started a downside correction from the 140.93 high. It traded below a key bullis...

June 2, 2023, 3:54 am

Aud/usd price analysis: bulls stay in the game and eye higher before correction

AUD/USD bulls eye a move higher to test a key resistance area. Bears note the W-formation´s neckline on the downside. AUDUSD advanced mid-week and ex...

June 2, 2023, 1:29 am

Eur/usd turns the tide as usd/jpy fumbles, usd/cad carves out double-top pattern

EUR/USD regains poise after bouncing off technical support near the 1.0640/1.0600 area. Meanwhile, USD/JPY extends its...

June 1, 2023, 7:00 pm

Fx play of the day: aud/jpy pulling back to former triangle support

This forex pair recently fell through its triangle bottom and is now in the middle of a correction. Can...

June 1, 2023, 7:51 am

Amzn minor wave 5 to open new lows!

The share price of AMZN is falling within the bearish correction b. This wave could take the form of a ...

June 1, 2023, 7:12 am

7 high-flying stocks destined to crash back to earth

Before diving into the discussion of overvalued stocks due for correction, we need to establish one thi...

May 31, 2023, 8:53 pm

Gbp/usd: bearish correction (b) is half completed

We see that the first wave (A) has already been built. After it, the market went down in correction (B)...

May 31, 2023, 7:14 pm

Precious metals and mining stocks ready to rally

In gold futures, we were looking for a correction to around $1940 an ounce.  The June contract fell to...

May 31, 2023, 11:40 am


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