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Russell 2000 technical analysis - the break of the support is a big bearish sign

Despite good economic data like lower core inflation, stable jobless claims, lower inflation expectations and strong consumer spending that support th...

August 17, 2023, 8:36 am

Aud/usd forecast: aussie to 9-month lows as employment dips

Data revealed an unexpected decrease in Australia’s employment numbers for July. There’s speculation that the RBA might halt its interest rate hik...

August 17, 2023, 8:27 am

Eur/usd: euro cracks key supports after overall hawkish fed minutes

The Euro hit new 5 ½ week low in Asia on Thursday and generated fresh bearish signal on Wednesday’s ...

August 17, 2023, 8:11 am

Wti oil dips again as sellers take control

WTI oil futures got hammered after the peak at a nine-month high of 84.89, breaking out of the tight bearis...

August 17, 2023, 7:59 am

Peter brandt warns bitcoin movement through august low could be construed as a ‘bear trap’

Renowned trader Peter Brandt took to Twitter to share his insights on Bitcoin’s (CRYPTO: BTC) current position, hinting at potential ...

August 17, 2023, 7:14 am

Eur/usd daily outlook

Daily Pivots: (S1) 1.0856; (P) 1.0895; (R1) 1.0919; More… Intraday bias in EUR/USD is back on the downside, as fall from 1.1274 resumed by breaking ...

August 17, 2023, 7:08 am

Aud/usd outlook: slide to 0.6300 mark, bearish double-top target remains on the cards

AUD/USD plunges to a fresh YTD low in reaction to weaker domestic jobs data on Thursday. A weaker risk tone is further seen weighing on the risk-sensi...

August 17, 2023, 6:44 am

Bitcoin slides to $28.3k after leveraged funds ramp up bearish bets

Bitcoin runs into selling pressure as Wall Street turns risk averse.Leverage funds are most bearish in ...

August 17, 2023, 6:29 am

Oil prices forecast: china’s slowdown, us rates shape bearish outlook

Global concerns dim oil prices, impacted by China’s slowdown and looming U.S. rate hikes. The post Oil Prices Forecast: China’s Slowdown, US Rates...

August 17, 2023, 6:00 am

Gold price forecast: xau/usd sees a dead cat bounce, downside favored whilst below 200 dma

Amidst bearish technical indicators, the downside bias remains intact for Gold price despite the renewe...

August 17, 2023, 4:44 am

Bitcoin price at risk of fresh low below $28,000

Key Highlights Bitcoin price is struggling to rise above the $30,000 resistance. A key bearish trend li...

August 17, 2023, 2:53 am

Oil prices forecast: china's slowdown, us rates shape bearish outlook

Global concerns dim oil prices, impacted by China's slowdown and looming U.S. rate hikes....

August 17, 2023, 2:00 am

Audusd wave analysis

AUDUSD broke support level 0.6460 Likely to fall to support level 0.6400 AUDUSD currency pair under the bearis...

August 17, 2023, 1:46 am

Canadian dollar outlook: usd/cad may extend breakout amid bearish retail traders

The Canadian Dollar weakened to its lowest point against the US Dollar since late May. Retail traders are now increasingly net-short USD/CAD, offering...

August 16, 2023, 9:14 pm

Eur/usd technical analysis: strong bearish momentum ahead of

The bears’ control of the direction of the eur/usd currency pair intensified, and the losses this week reached the support level at 1.0875, the lowe...

August 16, 2023, 6:59 pm

Natural gas, wti oil, brent oil forecasts – wti oil retreats below $80

Natural gas markets have also moved lower as traders focused on the bearish changes in weather forecast...

August 16, 2023, 6:01 pm

Spxu: careful using inverse etfs even in a credit event

The ProShares UltraPro Short S&P500 ETF is an exchange-traded fund designed for traders who anticipate a beari...

August 16, 2023, 3:03 pm

Rbnz kept rates unchanged, remains concerned on inflation, but technicals remain bearish

The RBNZ cap rate unchanged today for the 2nd consecutive meeting. A summary of the decision:The committee has observed that the prevailing interest r...

August 16, 2023, 2:24 pm

Natural gas, wti oil, brent oil forecasts – wti oil retreats below $80

Natural gas markets have also moved lower as traders focused on the bearish changes in weather forecast...

August 16, 2023, 2:01 pm

Recent bitcoin lethargy not necessarily a bad thing

It appears the summer doldrums are weighing on bitcoin. Recent price action in the largest digital currency has been sluggish as bullish and ...

August 16, 2023, 12:54 pm


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