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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

Eurusd sellers lean in the key swing area. keep bearish bias.

The EURUSD corrected higher off a swing area between 1.0842 and 1.08485. The corrected move higher in the early New York session moved back into the l...

June 23, 2023, 3:28 pm

Eur/usd price analysis: sharp pullback opens the door to 1.0800

EUR/USD came under heavy bearish pressure and broke below 1.0900 early Friday. Disappointing PMI survey...

June 23, 2023, 1:44 pm

Eur/usd could experience a dip before rising further – nordea

EUR/USD came under heavy bearish pressure and broke below 1.0900 early Friday. Disappointing PMI survey...

June 23, 2023, 12:44 pm

Domestic stocks also weighed down by bearish trend in global equities

Global central banks are currently focused on addressing inflation and have reiterated their commitment to reaching their target levels, as evidenced ...

June 23, 2023, 11:29 am

Gbp/usd price analysis: higher policy rates spur flight to safety

The Bank of England surprised markets with a 50bps rate hike. The market anticipates the adverse impact of higher rates on the UK economy. Britain’s...

June 23, 2023, 10:00 am

Eur/jpy retreats further from multi-year peak, drops to 155.00 on dismal eurozone pmis

EUR/USD came under heavy bearish pressure and broke below 1.0900 early Friday. Disappointing PMI survey...

June 23, 2023, 9:14 am

Usdcad retreats to 9-month low, confirming bearish breakout

USDCAD has been in a steady downtrend since late May, generating a clear structure of lower highs and lower lows. Moreover, the technical picture dete...

June 23, 2023, 8:19 am

Eurozone pmi signals mixed sector performance, manufacturing weighs down

Eurozone PMI data shows contrasting sector performance, with manufacturing at multi-month lows and declining output contributing to a ...

June 23, 2023, 8:10 am

Euro falls as french economy shows disappointing end to q2 performance

That's resulting in a quick drop in the euro, with EUR/USD falling from around 1.0920 levels earlier to a low of 1.0885. Of note, sellers are also loo...

June 23, 2023, 7:24 am

Eur/usd daily outlook

Daily Pivots: (S1) 1.0933; (P) 1.0972; (R1) 1.0995; More… EUR/USD’s break of 1.0891 support suggests short term topping at 1.1011, on ...

June 23, 2023, 7:21 am

Aud/usd price analysis: 0.6680-75 appears a tough nut to crack for aussie bears

AUD/USD remains pressured at the lowest levels in two weeks, justifies 100-SMA breakdown and bearish MA...

June 23, 2023, 7:14 am

Usd/jpy price analysis: overbought rsi prods bulls at yearly high around 143.00

USD/JPY seesaws around the highest levels in seven months, prods two-day winning streak. Overbought RSI (14) line challenges Yen pair within ...

June 23, 2023, 5:59 am

Technical outlook and review

DXY: The DXY (US Dollar Index) chart exhibits a bearish momentum as indicated by two factors. Firstly, ...

June 23, 2023, 5:13 am

Eur/usd price analysis: bull cross prods euro sellers above 1.0940 support ahead of key pmis

However, a rising wedge bearish chart formation and downbeat MACD signals join the Euro pair’s U-turn...

June 23, 2023, 1:59 am

Usd/cad bears flirts with yearly low near 1.3140 despite downbeat oil price, firmer us dollar ahead of us pmi

Although a sustained downside break of the November 2022 low near 1.3225-30 keeps the USD/CAD bears hopeful. The oversold RSI conditions join the mont...

June 23, 2023, 1:44 am

Aud/usd forecast: bearish bias, testing the 0.6750 support area

The Aussie was hit by mixed market sentiment and reduced expectations of a RBA hike at the next meeting. AUD/USD maintains a ...

June 23, 2023, 1:44 am

Gold's descent continues: breakdown confirmed, bears dominate

Gold confirms bearish trend continuation, breaking down from a consolidation pattern and testing key su...

June 22, 2023, 4:24 pm

Kinder morgan: a 2015 bear selloff redux cannot be ruled out

Kinder Morgan is now facing both a decline in energy-related sales and rising interest expense, similar to the ...

June 22, 2023, 3:03 pm


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