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Wti oil: oil eases after steep recovery on renewed demand concerns

Strong rebound from new lowest since Dec 2021 ($63.63, May 4 low) in past three days is pausing on Tuesday after the action was ...

May 9, 2023, 10:03 am

Usd/jpy forecast: u.s. reports on inflation, consumer sentiment could impact fed policy

Positive job report boosted US Treasury yields and USD/JPY on Friday, but Fed’s hint at rate hike pause and potential cuts may have ...

May 7, 2023, 6:00 pm

Gbpusd technical analysis - upside momentum capped

On the daily chart below for GBPUSD, we can see that the market has been struggling to keep the upside momentum and the price action has become slow a...

May 3, 2023, 8:10 am

Gold and bitcoin surges on banking concerns, while oil stumbles

Low trading volumes and a deteriorating outlook send oil prices sharply lower Gold surges above $2000 level as banking concerns return Bitcoin still <...

May 2, 2023, 7:40 pm

Aud/usd: bulls capped by weak china manufacturing pmi & rba

ASX 30-day interbank cash rate futures implied a further pause in the RBA cash rate through 2023. A contraction in China NBS Manufacturing PMI for Apr...

May 2, 2023, 4:29 am

Don't chase church & dwight higher; let the price come to you

Shares of Church & Dwight NYSE: CHD are moving higher following the Q1 earnings release and guidance, but investors shouldn't chase higher prices. As ...

April 28, 2023, 9:59 am

Usd/jpy outlook: surges on boj’s decision to keep its ultra-loose policy unchanged

Fresh acceleration pushed the USDJPY pair through pivotal Fibo barrier at 134.75 (61.8% of 137.90/129.64) which repeatedly ...

April 28, 2023, 8:29 am

Nasdaq bounces back

NZD/USD tests critical floor The US dollar advanced as the core PCE accelerated in Q1. The pair is hovering above the daily support of 0.6090 as kiwi ...

April 28, 2023, 7:49 am

Intraday analysis – nasdaq bounces back

NZDUSD tests critical floor The US dollar advanced as the core PCE accelerated in Q1. The pair is hovering above the daily support of 0.6090 as kiwi b...

April 28, 2023, 5:52 am

Crude oil tests 50% midpoint of move up from 2023 low

The price of crude oil fell sharply yesterday breaking below the $75.70 level. That level was the swing hi from Friday, March 31. The price ...

April 27, 2023, 3:25 pm

Gold has not lost its glitter

Conflicting macro news flow has capped gold in a short-term range-bound movement. 1-year rolling uptren...

April 27, 2023, 8:43 am

Gold has not lost its glitter

Conflicting macro news flow has capped gold in a short-term range-bound movement. 1-year rolling uptren...

April 27, 2023, 7:33 am

Gold stuck in rangebound pattern, capped by 50-sma

Gold experienced a moderate pullback after peaking at the 13-month high of 2,048 in mid-April. Since then, the price has been trading without a clear ...

April 26, 2023, 10:33 am

Indian rupee’s losses contained on resilient local equities, premiums rise

The Indian rupee was down slightly against the U.S dollar on Wednesday, with losses capped by the measu...

April 26, 2023, 6:29 am

India rupee indian rupee’s losses contained on resilient local equities, premiums rise

The Indian rupee was down slightly against the U.S dollar on Wednesday, with losses capped by the measu...

April 26, 2023, 6:14 am

Elon musk had a rough week across his empire — tesla, twitter and spacex

Elon Musk's week was capped on Friday when institutional shareholders in Tesla admonished the company's...

April 21, 2023, 2:22 pm

Aud/usd forecast: aussie capped by the 0.6740 zone

On the daily chart, the AUD/USD is struggling to hold above the 0.6700 area and the 20-period Simple Moving Average (SMA). A daily close below 0.6680 ...

April 19, 2023, 7:15 pm

Gbp/usd capped by cluster resistance, usd/jpy blasts off after bullish breakout

GBP/USD rises, but bullish momentum wanes as prices approach cluster resistance. Meanwhile, USD/JPY extends its advance after clearing a key trendline...

April 19, 2023, 7:00 pm

Gold price forecast: xau/usd to resume its downside journey amid hawkish fed bets – confluence detector

Gold price is showing a sheer volatility contraction after a recovery move. The upside in the Gold price looks ...

April 19, 2023, 5:29 am

Usd/cad price analysis: struggles at 1.3400, though retraces and stays above the 200-dma

The USD/CAD lasted two days and was capped at 1.3400 as USD/CAD sellers piled on that area. If USD/CAD ...

April 18, 2023, 10:29 pm


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