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Eur/usd forecast: bulls piling up fresh longs

Euro Area S&P Global Manufacturing PMIs suffered downward revisions. EUR/USD turned bullish after final...

December 1, 2022, 8:14 pm

Robert half international: could get worse before it gets better

Economic headwinds will continue to put downward pressure on the performance of Robert Half Internation...

December 1, 2022, 3:56 pm

Audnzd wave analysis

AUDNZD broke support level 1.0755 Likely to fall to support level 1.0700 AUDNZD under the bearish pressure after the earlier breakout of the key suppo...

December 1, 2022, 12:35 pm

Nzdusd wave analysis

NZDUSD broke key resistance level 0.6250 Likely to rise to resistance level 0.6440 NZDUSD recently broke the key resistance level 0.6250 (which has be...

December 1, 2022, 12:34 pm

Retrace forex trading – an ideal trading strategy for beginners

Market retracement is a relatively simple concept to define and comprehend. Simply put, it is the time when the price reverses a recent move in either...

November 30, 2022, 7:31 pm

South korea retail sales dip 0.2% in october

The value of retail sales in South Korea was down a seasonally adjusted 0.2 percent on month in October, Statistics Korea said on Wednesday. That miss...

November 30, 2022, 2:59 am

South korea industrial production sinks 3.5% in october

Industrial output in South Korea was down a seasonally adjusted 3.5 percent on month in October, Statistics Korea said on Wednesday. That missed expec...

November 30, 2022, 2:59 am

Usd/jpy price analysis: stays pressured towards 136.90 key support

USD/JPY bounces off intraday low but remains in the red for the third consecutive day. Three-week-old descending trend line restricts immediate upside...

November 30, 2022, 2:59 am

New zealand building permits tumble 10.7% in october

The total number of building permits issued in New Zealand was down a seasonally adjusted 10.7 percent on month in October, Statistics New Zealand sai...

November 30, 2022, 1:29 am

Usd/jpy price analysis: support around 137.50 caps the usd losses

downward biased, but failure to reclaim 137.50 could exacerbate a rally to 140.00. The US Dollar (USD) ...

November 29, 2022, 5:29 pm

Dow jones wave analysis

Dow Jones reversed from resistance level 34145.00 Likely to fall to support level 33500.00 Dow Jones index just reversed down from the long-term resis...

November 29, 2022, 3:31 am

Gbp/usd price analysis: struggles at the 200-day ema, plummets below 1.2000

Unable to crack the 200-day EMA, the GBP/USD fell beneath the psychological 1.2000 figure. Short-term, the GBP/USD is ...

November 28, 2022, 11:29 pm

Aud/usd plummets below 0.6700 due to risk aversion, fed commentary

Weaker Retail Sales in Australia and protests in China weighed on the Australian Dollar. AUD/USD Price Analysis: Short-term ...

November 28, 2022, 8:44 pm

Crude oil weekly forecast: brent dampened by china’s covid, opec+ & u.s. data to follow

Brent crude oil extends its move downward after market sentiment soured on the back of a worsening COVI...

November 28, 2022, 8:58 am

When does a bear market rally become a bull market?

Back in June, we talked about how a rally can happen in the middle of a bear market. Even though the overall trend of the market is downward, there ar...

November 25, 2022, 1:09 pm

Gbpjpy maintains weak bias in near-term; broader trend is bullish

GBPJPY is retreating somewhat above the downward sloping short-term simple moving averages (SMAs). The ...

November 25, 2022, 9:11 am

Nzdjpy wave analysis

NZDJPY reversed from resistance level 87.28 Likely to fall to support level 86.00 NZDJPY recently reversed down from the long-term resistance level 87...

November 25, 2022, 4:18 am

Usd/cad stumbles toward 1.3330s on a soft us dollar, eyeing the 100-dma

US S&P Global PMIs dived into a recessionary territory, meaning that the US economy is decelerating fast. USD/CAD Price Analysis: ...

November 24, 2022, 5:29 pm

Oil drops as price cap proposal eases supply concerns

Oil prices fell on Thursday, hovering around two-month lows as the level of a proposed G7 cap on the price of Russian oil raised doubts about how much...

November 24, 2022, 1:09 pm

Usd/chf price analysis: bearish-engulfing candles sparked a fall towards 0.9420s

A softer US Dollar is weighing on the USD/CHF, down by almost 1%. A bearish-engulfing candle pattern exacerbated a fall of 200 pips in the USD/CHF. Sh...

November 23, 2022, 6:29 pm


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