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Gold's consolidation battle: will it break the uptrend or fall into bearish territory?

A battle is underway in the gold market as it struggles to break the long-term uptrend or succumb to further b...

June 8, 2023, 4:18 pm

Euro nears a two-week high as us dollar continues slide

Watch out for some minor stops if the euro can get through 1.0779, which was the June 1 high.The US dollar continues to slide today as Treasury yields...

June 8, 2023, 2:40 pm

Wti futures retest restrictive trendline

WTI oil futures (July delivery) have been moving without a clear direction in the last month. Even though the commodity managed to spike above the upp...

June 8, 2023, 2:20 pm

Usd/jpy mid-day outlook

Daily Pivots: (S1) 139.39; (P) 139.82; (R1) 140.61; More… No change in USD/JPY’s outlook and intraday bias remains neutral. With 138.22 minor supp...

June 8, 2023, 1:50 pm

Johnson & johnson relinquishes top spot to eli lilly, shares undervalued amid technical risks

Eli Lilly has surpassed Johnson & Johnson in market cap for the first time, driven by LLY's breakthroughs in obesity and Alzheimer's treatments. JNJ f...

June 8, 2023, 1:23 pm

B&g foods: long-term strategy now off the table

B&G Foods shares have lost almost 50% of their value in the past 13 months, despite attempts to recover their 200-day moving average. The company's di...

June 8, 2023, 11:07 am

Aud/usd daily report

Daily Pivots: (S1) 0.6624; (P) 0.6671; (R1) 0.6699; More… Intraday bias in AUD/USD is turned neutral with current retreat. On the upside, break of 0...

June 8, 2023, 9:36 am

Usd/jpy daily outlook

Daily Pivots: (S1) 139.39; (P) 139.82; (R1) 140.61; More… Intraday bias in USD/JPY remains neutral at this point. With 138.22 minor support intact, ...

June 8, 2023, 9:20 am

How to use the three black crows pattern

Detailed description of the three black crows bearish candlestick pattern and describe how this pattern...

June 8, 2023, 6:25 am

Eur/usd price analysis: upside seems limited, bearish pennant in the making

EUR/USD edges higher and retakes the 1.0700 mark during the Asian session on Thursday. A mildly softer tone around the USD is seen as a key factor len...

June 8, 2023, 4:59 am

Nzd/usd could face hurdles, risk of more losses

Key Highlights NZD/USD is struggling to recover above the 0.6100 resistance zone. A key bearish trend l...

June 8, 2023, 4:43 am

Dax set for a bearish open as fed fear resurfaces

After a bearish Wednesday, the DAX and US futures are pointing to ...

June 8, 2023, 4:29 am

Eth bears eye a return to sub-$1,750 as staking apr slides

ETH found early support this morning. However, staking statistics and the withdrawal profile are bearish, which could test buyer appetite. The post ET...

June 8, 2023, 2:42 am

Jp morgan: high-conviction bearish eur/usd bias into the summer months

According to JP Morgan, EUR/USD has stopped its decline from the April high of 1.1097 after reaching the March 78.6% retrace at 1.0637. Despite the la...

June 7, 2023, 6:38 pm

Usd/jpy mid-day outlook

Daily Pivots: (S1) 139.16; (P) 139.57; (R1) 140.05; More… USD/JPY is still extending the consolidation from 140.90 and intraday bias stays neutral f...

June 7, 2023, 1:12 pm

Eur/usd price staying bearish around 1.07, eying key data

The EUR/USD pair maintains a bearish bias despite temporary rebounds. The BOC could have a big impact o...

June 7, 2023, 12:14 pm

S&p 500 in tug of war between bulls and bears: etfs in play

While the S&P500 is heading toward a bull market, following a 19.7% rally from the October 2022 lows, traders have raised their ...

June 7, 2023, 11:18 am

Eurcad heads towards its winter lows

EURCAD is marking its sixth week of losses, falling by more than 4.0% since creating a bearish double t...

June 7, 2023, 10:34 am

Silver back inside its early 2023 rectangle

Silver is edging lower today as market participants weigh their options after the sizeable correction. The recent double top pattern achieved its theo...

June 7, 2023, 10:32 am

Is eurjpy losing its shine?

EURJPY has been declining over the past three days, stopping at the 148.58 zone that has been preventing upside and downside movements since April. Th...

June 7, 2023, 10:30 am


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