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Audusd unlocks new 8-month high

AUDUSD surged to a fresh eight-month high of 0.7157 earlier today, boosting the rebound off the 0.6985 support level. The price is creating a steep bu...

February 2, 2023, 9:23 am

Us 100 index retreats after penetrating downtrend line

The US 100 cash index reached overbought levels according to the RSI and reversed lower after the price finally jumped above the long-term downtrend l...

January 31, 2023, 2:26 pm

Eurusd weakens after jumping above 1.0900

EURUSD is easing from last week’s the nine-month high of 1.0930, remaining within the upward sloping channel and well above the short-term simple mo...

January 30, 2023, 7:40 am

Usd/cad price analysis: off multi-month-old support line but upside remains capped below 1.3380

USD/CAD portrays corrective bounce from seven-month-old ascending support line. Downbeat oscillators, 38.2% Fibonacci retracement and previous support...

January 27, 2023, 5:44 am

Gbpusd stays bullish near december’s high

GBPUSD could not find enough buyers to pierce through December’s high of 1.2445, finishing Monday’s session with mild losses at 1.2375. The bulls,...

January 24, 2023, 9:26 am

Gold falls slightly below the 9-month gigh

Gold rallied towards a fresh nine-month high of 1,938 in the preceding week, but quickly lost some ground and is currently moving slightly lower. The ...

January 23, 2023, 8:18 am

Silver continues to trade in a range; will there be first-mover advantage?

Silver continues to trade within the 23-25 well-observed range, contrary to gold’s fiery performance. This balance between buyers and sellers is ref...

January 20, 2023, 10:45 am

Gbpjpy bounces off uptrend line but momentum is weak

GBPJPY rebounded off the long-term ascending trend line and near the three-month low of 155.30. The price is currently trying to surpass the 20-day si...

January 20, 2023, 9:02 am

Wti futures maintain bearish bias below downtrend line

WTI crude oil futures are easing near the short-term simple moving averages (SMAs), which are ready to post a bullish crossover. The broader outlook i...

January 19, 2023, 8:36 am

Us 100 cash index trades sideways following strong start to new trading year

The US 100 cash index is trading sideways following a climb of 900 points since December 28. This upward move appears to enjoy the universal support o...

January 18, 2023, 9:23 am

Jp225 cash index trades in tight range as sma convergence flashing red

The JP225 cash index has had a muted start in 2023 compared to other equity indices. It is trading in the tight 25,603-26,550 range lacking a clear di...

January 17, 2023, 9:11 am

Eurgbp lacks clear direction as it remains below 0.8900

EURGBP is testing the 0.8895 resistance level, remaining well above the short-term simple moving averages (SMAs). Moreover, the price rebounded after ...

January 17, 2023, 8:57 am

Gbpusd edges higher after completing golden cross

GBPUSD has been attempting a rebound since September when the pair recorded an all-time low of 1.0324. Even though the price experienced a minor pullb...

January 17, 2023, 8:55 am

Gold slips from almost 9-month high

Gold prices are retreating after the rally towards a fresh almost-nine-month high of 1,928, holding well above the short-term upward sloping channel, ...

January 16, 2023, 8:56 am

Gold prices near all-time high, big upmove unlikely in near-term; avoid short positions

In MCX, gold is trading near all-time high but momentum oscillator is showing signs of divergence. Any ...

January 13, 2023, 5:44 am

Eur/usd price analysis: bulls keep eyes on 1.0700 hurdle

EUR/USD picks up bids to refresh intraday high, extends Friday’s U-turn from one-month low. Upbeat oscillators, clear break of 100-SMA underpin bull...

January 9, 2023, 12:44 am

Gbpusd bears make their presence felt

By ForexTime The GBPUSD on the D1 time frame was in a prolonged uptrend until 14 December when a last higher top was recorded at 1.24454. A closer loo...

January 5, 2023, 12:46 pm

Usdjpy plummets to fresh 7-month low

USDJPY had experienced a significant uptrend in the past year, climbing to a 32-year high of 151.94 in mid-October. However, the pair has been experie...

January 4, 2023, 8:23 am

Gbpusd pinned down near 200-day sma

GBPUSD has been marching higher since September when the pair recorded an all-time low of 1.0324. However, in the short-term, the price appears to be ...

January 3, 2023, 8:52 am

Usd/chf price analysis: climbs to 0.9250s on broad us dollar strength

The USD/CHF downfall stalled around 0.9200 as a triple bottom emerged. A falling wedge and oscillator f...

January 2, 2023, 7:44 pm


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