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Gbp/usd rebound prods 1.2900 as imf defends uk growth forecasts, hawkish boe bets increase, fed eyed

An upside break of an eight-day-old descending resistance line, now immediate support around 1.2875, al...

July 25, 2023, 11:29 pm

Polestar automotive leaps ahead in the ev production race

Polestar Automotive Holding UK PLC NASDAQ: PSNY is an electric vehicle (EV) maker headquartered in Gothenburg, Sweden. Shares are finally breaking out...

July 25, 2023, 9:29 am

Aud/usd ignores firmer us dollar to recover from two-week low above 0.6700 amid risk-on mood

Although the 200-DMA restricts the immediate downside of the AUD/USD pair to around 0.6720, a daily closing beyond a one-week-old ...

July 24, 2023, 10:44 pm

Technical outlook and review

DXY: The DXY (US Dollar Index) chart indicates a bearish overall momentum, attributed to the price being below a significant ...

July 24, 2023, 4:01 am

Wti oil technical: potential bullish reversal “descending wedge” in play

Major downtrend phase from the 7 March 2022 swing high has evolved into a potential bullish reversal “descen...

July 21, 2023, 8:08 am

Wti oil technical: potential bullish reversal “descending wedge” in play

Major downtrend phase from the 7 March 2022 swing high has evolved into a potential bullish reversal “descen...

July 21, 2023, 7:49 am

Eur/gbp price analysis: justifies nearby resistance break to approach 200-ema below 0.8700

If the EUR/GBP manages to remain firmer past 0.8685, a horizontal area comprising multiple levels marked since January and a five-month-old ...

July 20, 2023, 6:29 am

Usd/chf – a promising bottom fishing opportunity unfolds

The USD/CHF is currently forming a descending wedge pattern, hinting at a potential turnaround and reve...

July 20, 2023, 4:44 am

Usd/cad price analysis: indecisive near 1.3200 ahead of canada inflation, us retail sales

USD/CAD clings to key Fibonacci retracement level within multi-day-old bearish channel. Steady RSI suggests further recovery from ...

July 18, 2023, 7:14 am

Aud/usd breaks above 200-day moving average, short-term uptrend in focus

Cleared above 200-day moving average ex-post US CPI. Short-term uptrend but the medium-term trend is still sideways as it remained below a major ...

July 18, 2023, 6:44 am

Aud/usd technical: short-term potential bullish revival

Cleared above 200-day moving average ex-post US CPI. Short-term uptrend but the medium-term trend is still sideways as it remained below a major ...

July 18, 2023, 5:24 am

Aud/usd technical: short-term potential bullish revival

Cleared above 200-day moving average ex-post US CPI. Short-term uptrend but the medium-term trend is still sideways as it remained below a major ...

July 18, 2023, 4:16 am

Usd/chf drops back towards multi-month low near 0.8560 amid mixed sentiment, sluggish us dollar

A daily closing beneath a six-month-old descending support line, around the 0.8600 round figure by the ...

July 17, 2023, 6:44 am

Google bursts through channel amid chatbot launch in europe, brazil: the bull, bear case for alphabet's stock - alphabet (nasdaq:goog), alphabet (nasdaq:googl)

Alphabet, Inc GOOG GOOGL was spiking up over 4% on Thursday, breaking up from a descending channel on t...

July 13, 2023, 3:36 pm

Can planet fitness stock regain its pump?

The country's largest publicly traded gym chain Planet Fitness Inc. NASDAQ: PLNT stock, has been slowly fading in a weekly ...

July 7, 2023, 7:12 am

Ichimoku cloud analysis: eur/usd, xau/usd, brent

EUR/USD is testing the upper border of the descending channel. The instrument is going below the Ichimo...

July 4, 2023, 8:44 am

Technical outlook and review

DXY: The DXY (US Dollar Index) chart exhibits a bearish momentum, indicated by the price being below a major d...

July 3, 2023, 5:58 am

Eurusd daily analysis – july 3, 2023

The EURUSD currency pair finds itself at a critical juncture as it encounters the resistance of a descending...

July 3, 2023, 3:25 am

Gold price forecast: xau/usd keeps bounce off $1,900 with eyes on fed minutes, us nfp

That said, a clear rebound from the five-week-old bearish channel’s support joined the upside break of a fortnight-old ...

July 2, 2023, 11:59 pm

Aud/usd bulls keep eyes on 0.6700 as rba, fed minutes and us nfp loom

A clear upside break of a fortnight-old descending resistance line directs AUD/USD towards a convergenc...

July 2, 2023, 10:59 pm


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