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Usd/sek forms ascending triangle amid hawkish fed, riksbank

The USD/SEK exchange rate moved sideways after the hawkish sentiment by the Federal Reserve and the Riksbank. The pair was trading at 10.80, which was...

June 29, 2023, 1:29 pm

Cisco: buy the market (technical analysis)

Cisco Systems, Inc., a leader in the hardware landscape, is positioned to capitalize on the expected surge in global AI expenditure by 2026. The techn...

June 28, 2023, 12:00 pm

Gold price forecast: xau/usd breakdown levels identified

Gold has broken below the longer-term ascending channel, pointing to continued selling despite short-li...

June 28, 2023, 11:00 am

Nasdaq 100 technical: risk of a medium-term blow-off top

Yesterday’s price action of Nasdaq 100 has reintegrated back below the upper limit of the “ascending...

June 27, 2023, 5:37 am

Nasdaq 100 technical: risk of a medium-term blow-off top

Yesterday’s price action of Nasdaq 100 has reintegrated back below the upper limit of the “ascending...

June 27, 2023, 4:13 am

Nzd/usd: week-start gap-up to 0.6150 needs validation from us inflation, central bankers

NZD/USD bounces off a one-month-old ascending support line, near 0.6130 at the latest, but the recovery...

June 25, 2023, 11:59 pm

Nzd/usd: week-start gap-up to 0.6850 needs validation from us inflation, central bankers

NZD/USD bounces off a one-month-old ascending support line, near 0.6130 at the latest, but the recovery...

June 25, 2023, 11:29 pm

Eur/usd pullback jostles with 1.0950 as central banks, fed powell propel us dollar, pmi in focus

The nearly overbought RSI conditions challenge the EUR/USD buyers as they reverse after failing to cross the February month’s high of 1.1033. Howeve...

June 23, 2023, 1:29 am

Gbp/usd price analysis: cable dribbles around resistance-turned-support near 1.2770 ahead of uk inflation

In a case where the GBP/USD pair breaks the 1.2645 support, the early June swing high of near 1.2545 will precede a 3.5-month-old ...

June 20, 2023, 11:44 pm

Eur/usd forecast: euro to meet strong support at 1.0900

EUR/USD returned within the ascending regression channel early Monday. 1.0900 (mid-point of the ...

June 19, 2023, 9:30 am

Gbp/usd forecast: pound sterling could encounter next resistance at 1.2670

GBP/USD trades above the upper-limit of the ascending regression channel, pointing to overbought condit...

June 14, 2023, 11:44 am

Nzd/usd price analysis: 200-sma checks kiwi buyers within weekly bullish channel, fed in focus

In addition to the failure to cross the 200-bar Simple Moving Average (SMA), the NZD/USD pair’s pullback also takes clues from the overbought RSI (1...

June 14, 2023, 5:29 am

Usd/jpy forecast: continues to see support

The usd/jpy continues to exhibit significant sideways volatility against the Japanese yen, suggesting the formation of a bullish flag. This comes on t...

June 13, 2023, 7:14 pm

Gold price flirts with support as us cpi shapes views ahead of the fed and ecb

The gold price is bumping along an ascending trend line ahead of US CPI today that could see market dyn...

June 13, 2023, 5:01 am

Gbp/usd price analysis: bounces off 10-dma ahead of uk employment, us inflation

GBP/USD picks up bids to reverse the week-start retreat from monthly high, pares the biggest daily loss in over a week. Bullish MACD signals, sustaine...

June 13, 2023, 3:14 am

Gbp/usd forecast: pound sterling needs to clear 1.2480 to stretch higher

GBP/USD holds comfortably above the ascending trend line and the 50-period Simple Moving Average (SMA) ...

June 8, 2023, 11:14 am

Gold price forecast: xau/usd rebounds to near $1,950 as investors divide about fed’s policy

Gold price is hovering near the upward-sloping trendline of the ascending Triangle chart pattern. Read ...

June 8, 2023, 10:44 am

Usdjpy eases after hitting upper limit of ascending channel

USDJPY has been trading within an upward sloping channel since mid-March, crossing above crucial technical levels and posting consecutive higher highs...

June 7, 2023, 10:31 am

Gbpusd battles with crucial technical level

GBPUSD had been in a downside correction after peaking at the one-year high of 1.2678 on May 10. However, the pair retraced back higher when it found ...

June 6, 2023, 8:28 am

Usd/chf bears attack 0.9050 monthly support as us dollar fails to track corrective bounce in yields

USD/CHF pair’s sustained U-turn from the 100-DMA hurdle, around 0.9125 by the press time, joins downbeat oscillators to favor sellers as they prod t...

June 6, 2023, 6:44 am


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