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Gbp/usd eyes fresh increase, usd/cad could extend losses

GBP/USD faced resistance near 1.2845 and started a downside correction. USD/CAD is struggling below 1.3210 and might decline further. Important Takeaw...

June 26, 2023, 8:09 am

Gold price takes a breather but bearish pressure persists

Gold is hovering inside the 1,921-1,943 area, a tad above its 3-month low and around 7.5% lower than the May 5, 2023 high of 2,079. The bulls are anxi...

June 26, 2023, 8:04 am

Usd/cad price analysis: bears keep reins within one-week-old falling channel around 1.3150

USD/CAD portrays failed recovery from nine-month low, within weekly bearish channel. 200-HMA, fortnight...

June 26, 2023, 7:44 am

Technical outlook and review

DXY: The DXY (US Dollar Index) chart demonstrates a bearish momentum, indicated by the price being belo...

June 26, 2023, 5:25 am

Gbp/usd price analysis: cable recovery approaches 1.2760 hurdle on us dollar’s retreat

bearish MACD signals, descending trend line from June 16 guard immediate upside. The post GBP/USD Price...

June 26, 2023, 5:14 am

Hang seng index, asx200, nikkei 225: bears remain in control

It was a bearish start to the week, with hawkish central banks and growth fears continue weighing on in...

June 26, 2023, 4:26 am

Stanley black & decker: a dividend aristocrat at an inflection point

Stanley Black & Decker is at an inflection point, with technical analysis indicating now is a great time to initiate a position to lock in a 3.64% yie...

June 26, 2023, 12:58 am

Audusd daily analysis – june 26, 2023

The AUDUSD currency pair has continued its downward trajectory, extending its move from 0.6899 to as low as 0.6662. The prevailing ...

June 26, 2023, 12:33 am

Gold price forecast: xau/usd portrays bearish consolidation on growth, geopolitical clues, us inflation eyed

Gold Price licks its wounds at the lowest levels in 3.5 months as risk-aversion amplifies. Geopolitical fears join hawkish Fed bets, growth concerns t...

June 25, 2023, 10:59 pm

Eur/usd weekly outlook

EUR/USD’s late decline last week suggests that a short term top was formed at 1.1011 on bearish diver...

June 25, 2023, 7:52 am

Eur/gbp weekly outlook

EUR/GBP’s rebound was limited at 0.8635 last week and quickly reversed. The development keeps near term outlook bearish. Initial bias stays neutral ...

June 25, 2023, 6:17 am

Eth bears eye sub-$1,850 on bearish staking stats over 24-hours

ETH found early support this morning. However, the crypto news wires would need to support a bullish session after the ...

June 25, 2023, 3:42 am

Speculator extremes: british pound, peso & live cattle lead bullish & bearish positions

By InvestMacro The latest update for the weekly Commitment of Traders (COT) report was released by the Commodity Futures Trading Commission (CFTC) on ...

June 24, 2023, 8:15 pm

Aud/usd weekly outlook: powell flags two more rate hikes

The dollar mainly rose due to hawkish remarks from Fed Chair Jerome Powell. Powell indicated that additional rate hikes might be necessary to control ...

June 24, 2023, 2:34 pm

Usd/cad price analysis: bulls testing bearish commitments front side of the bearish trendline

USD/CAD traders await the open next week to decide on the directional bias. Bulls are in the market and correcting ...

June 23, 2023, 8:44 pm

Gold’s downtrend continues: resistance holds, bears remain in control

Gold’s resistance at the 100-Day EMA confirms downtrend and potential bearish continuation pattern sh...

June 23, 2023, 8:43 pm

Usd/cad retreats to 9-month low, confirming bearish breakout

The momentum indicators currently suggest that near-term risks are tilted to the downside. Specifically, the RSI bounced off the oversold zone but rem...

June 23, 2023, 8:14 pm

Why accenture stock flopped on friday

Several analysts issued new, more bearish takes on the consultancy. One even downgraded his recommendat...

June 23, 2023, 6:43 pm

Albemarle: shares attractive on valuation, but bearish technical trends seen

The materials sector, which includes Albemarle Corporation, is struggling to maintain recent gains and is close to fresh 52-week relative lows to the ...

June 23, 2023, 5:23 pm

Gold's downtrend continues: resistance holds, bears remain in control

Gold's resistance at the 100-Day EMA confirms downtrend and potential bearish continuation pattern show...

June 23, 2023, 4:43 pm


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