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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

Are you a fan of morgan stanley? inverse s&p 500 etfs to play

Morgan Stanley's bearish outlook on the S&P 500 has raised concerns among investors....

June 7, 2023, 9:33 am

Usd/cad price analysis: markets predict a boc rate hike

On Tuesday, the Canadian dollar reached a nearly four-week high against the greenback. Money markets estimate approximately a 45% probability of the B...

June 7, 2023, 9:04 am

Usdcad technical analysis and short term forecast

Hi Traders! USDCAD technical analysis and short-term forecast post is here. We do our analysis on the MetaTrader4 platform (MT4). Some very interestin...

June 7, 2023, 8:56 am

Usd/jpy daily outlook

Daily Pivots: (S1) 139.16; (P) 139.57; (R1) 140.05; More… Intraday bias in USD/JPY remains neutral as consolidation from 140.90 is extending. Furthe...

June 7, 2023, 8:36 am

Eur/chf and usd/chf weekly chart outlook

EUR/CHF is struggling to clear the 0.9960 resistance zone. USD/CHF could gain pace if it clears the 0.9290 resistance zone. Important Takeaways for EU...

June 7, 2023, 7:53 am

Bitcoin (btcusd) short term 5 swing bearish sequence favors lower

Bitcoin (BTCUSD) decline from 4.14.2023 high shows a 5 swing sequence suggesting further downside can’t be ruled out. A 5 swing sequence typically i...

June 7, 2023, 7:43 am

Technical outlook and review

DXY: The DXY (Dollar Index) chart currently shows bearish momentum as the price is below a major descen...

June 7, 2023, 7:28 am

Usd/cad price analysis: loonie grinds within bearish channel, 1.3450 and boc in focus

USD/CAD aptly portrays the Loonie trader’s cautious mood ahead of the Bank of Canada (BoC) Interest Rate Decision as it pares recent losses around a...

June 7, 2023, 6:44 am

Aud/usd daily report

Daily Pivots: (S1) 0.6626; (P) 0.6656; (R1) 0.6701; More… AUD/USD’s rise from 0.6457 is still in progress and intraday bias stays on the upside fo...

June 7, 2023, 5:21 am

Chart art: bitcoin’s (btc/usd) trend pullback trade

Looking for another chance to short bitcoin? BTC/USD is testing a dynamic resistance zone that just might lead to a ...

June 7, 2023, 5:01 am

Usd/chf price analysis: stays bearish below 0.9100 despite latest inaction

One-month-old rising trend line, 100-SMA prod Swiss Franc (CHF) buyers. Read Full Story at source (may require registration) The post USD/CHF Price An...

June 7, 2023, 3:44 am

Aud/usd eyes steady increase to 0.6800

Key Highlights AUD/USD is moving higher above the 0.6550 resistance. It broke a major bearish trend lin...

June 7, 2023, 3:00 am

Usdcad daily analysis – june 7, 2023

The USDCAD currency pair has experienced a continued downside movement, extending from its recent high at 1.3654 to reach as low as 1.3387. The pair r...

June 7, 2023, 1:43 am

Gold price forecast: channel support holds for now but bearish risks still present

Gold prices extend recovery after bouncing off channel support, but the rebound lacks strong momentum, a sign of low conviction given recent market de...

June 6, 2023, 7:44 pm

Gold price forecast: channel support holds for now but bearish risks still present

Gold prices extend recovery after bouncing off channel support, but the rebound lacks strong momentum, a sign of low conviction given recent market de...

June 6, 2023, 7:30 pm

Usd/jpy mid-day outlook

Daily Pivots: (S1) 139.07; (P) 139.76; (R1) 140.27; More… USD/JPY is still extending the consolidation from 140.90 and intraday bias stays neutral. ...

June 6, 2023, 1:37 pm

Will layoffs in may give bearish vibes to retail and tech?

The machinations of a recession could already be manifesting themselves in layoffs during the month of May. The job markets for retail and tech were e...

June 6, 2023, 12:52 pm

Kold: natural gas could test the 2020 lows

Natural gas prices have experienced significant volatility, with US NYMEX natural gas futures reaching a high of over $10 per MMBtu in August 2022 bef...

June 6, 2023, 12:30 pm


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