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Nasdaq 100 technical: risk of a medium-term blow-off top
Yesterday’s price action of Nasdaq 100 has reintegrated back below the upper limit of the “Ascending Wedge” with a ...
June 27, 2023, 4:13 am
Gold price forecast: xau/usd buyers needs validation from key resistance near $1,940
On the upside, immediate resistance is seen near the $1,935 region, above which the 100 DMA at $1,943 will be a tough nut to crack for Gold buyers. A ...
June 27, 2023, 3:59 am
Gbp/usd could restart rally above this resistance
Key Highlights GBP/USD started a downside correction from the 1.2850 zone. A major bearish trend line i...
June 27, 2023, 3:43 am
Audcad wave analysis
AUDCAD broke key support level 0.8800 Likely to fall to support level 0.8700 AUDCAD under the bearish p...
June 27, 2023, 3:41 am
Eth bulls eye $1,900 to bring $2,000 back into play on etf news
ETH was on the rise this morning. While staking statistics remain bearish, the likely increase in crypto-exchange-traded fund products is bullish. The...
June 27, 2023, 3:33 am
Nzd/usd price analysis: bearish setup adds pressure to kiwi below 0.6200
NZD/USD edges lower past 0.6200 despite the week-start rebound, pressured around 0.6165 amid Tuesday’s Asian session. In doing so, the Kiwi pair sta...
June 27, 2023, 1:29 am
Btc and a return to $31,000 in the hands of us stats and the courts
It is a bearish start to the day for BTC. While Binance took an early loss on Monday, an Ripple victory...
June 27, 2023, 12:40 am
Gbp/usd price analysis: slides towards 1.2690 horizontal support within weekly triangle
That said, the bullish triangle formation lures the Cable buyers. However, multiple failures to cross the 200-Hour Moving Average (HMA) joins the
June 26, 2023, 11:29 pm
Why morgan stanley is bearish on us equities despite a 20% rally
According to investment bank Morgan Stanley, there are several historical instances of bear-market rallies that exceeded the 20% threshold, only to ev...
June 26, 2023, 10:59 pm
Usd/jpy technical analysis: highest stability in 2023 so far
the bearish pressure on the japanese yen increased again, coinciding with the confirmation of the futur...
June 26, 2023, 7:44 pm
Do not get bearish while transportation leads
What we know for sure, is that the demand side of the U.S. Economy, as seen through the lens of the transportation sector, is holding up. IYT AI gener...
June 26, 2023, 6:51 pm
The usdjpy corrects lower today, but are the buyers winning? not now.
The USDJPY has corrected lower in trading today after reaching the highest level since November 10 on Friday and extending above the 61.8% retracement...
June 26, 2023, 4:02 pm
Aud/usd: bears pausing but hold grip
Bears are taking a breather after sharp fall in past two days, but remain fully in play, following bearish ...
June 26, 2023, 2:33 pm
Aud/usd outlook: bears are pausing but hold grip
Bears are taking a breather after sharp fall in past two days, but remain fully in play, following bearish ...
June 26, 2023, 10:59 am
Eur/usd outlook: german business morale dips for 2nd month
A survey revealed a second consecutive monthly deterioration in German business morale. Eurozone business growth came to a virtual halt in June. US bu...
June 26, 2023, 10:03 am
Nzd/usd price analysis: h&s in action amid risk-off market mood
NZD/USD has formed a Head and Shoulder chart pattern on a two-hour scale, which indicates a prolonged consolidation. A breakdown of the same confirms ...
June 26, 2023, 9:29 am
Gold price technical analysis
On the hourly chart of Gold on FXOpen, the price struggled to clear the $1,938 resistance against the US Dollar. The price is now consolidating above ...
June 26, 2023, 9:14 am
Eur/usd outlook: bearish bias under daily cloud top/10dma
EURUSD is consolidating within a narrow range in early Monday trading, following 0.85% drop last Thu/Fri, on pullback from new multi-week high at 1.10...
June 26, 2023, 9:14 am
Us 500 stock index stays heavy but could be poised for a rebound
US 500 stock index (cash) is extending its slide from the June 16 high of 4,446.77, but the negative momentum appears to be weakening somewhat as the ...
June 26, 2023, 9:05 am
Eur/gbp daily outlook
Daily Pivots: (S1) 0.8533; (P) 0.8570; (R1) 0.8605; More… Intraday bias in EUR/GBP stays neutral and outlook remains ...
June 26, 2023, 8:50 am