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Wti oil: bears pausing above pivotal supports ahead of key economic releases

WTI oil is consolidating within a narrow range early Wednesday after almost 4% drop in past two days which cracked pivotal $81.00 support zone (...

November 1, 2023, 9:34 am

Eur/usd: near-term action to remain sideways while 100dma holds

Bears are facing some headwinds on Monday but hold grip, following bearish signals from weekly close below Fibo support at 1.0955 (50% retracement of ...

August 14, 2023, 11:36 am

Eur/usd outlook: near-term action to remain sideways while 100dma holds

Near-term action was held again by 100dma (1.0930), suggesting that bears may pause here, keeping the p...

August 14, 2023, 9:14 am

Eur/gbp: dovish shift in boe rate outlook adds pressure on sterling

EURGBP cross keeps firm tone and extends steep ascend into fifth consecutive day on Thursday, despite Wednesday’s strong upside rejection just under...

July 20, 2023, 11:15 am

Xau/usd: gold holding within a narrow consolidation and looking for direction signal

Gold price remains within a narrow consolidation for the third day, despite signals of pullback after the action was repeatedly rejected at pivotal Fi...

July 17, 2023, 11:05 am

Usd/jpy outlook: bulls continue to face headwinds at key fibo resistance

Bulls continues to face strong headwinds at key Fibo barrier at 136.66 (38.2% retracement of 151.94/127.22 downtrend), reinforced by falling ...

March 3, 2023, 11:24 am

Usd/jpy outlook: bulls continue to face headwinds at key fibo resistance

Bulls continues to face strong headwinds at key Fibo barrier at 136.66 (38.2% retracement of 151.94/127.22 downtrend), reinforced by falling ...

March 3, 2023, 10:44 am

Gbp/usd outlook: bears eye 100dma and 2023 low at 1.1841

Friday’s action holds below psychological 1.20 level, which reverted to solid barrier, with fresh bearish acceleration probing below next significan...

February 17, 2023, 12:44 pm

Gbp/usd: bears eye 100dma and 2023 low at 1.1841

Cable maintains firm bearish tone on Friday and extends steep fall into third consecutive day. Friday’s action holds below psychological 1.20 level,...

February 17, 2023, 12:23 pm

Usd/jpy on track for deeper fall after break of key supports

The USDJPY remains under increased pressure and extending weakness into third straight day, after recovery failed to sustain break above ...

November 24, 2022, 12:15 pm

Usdjpy: bear-trap underpins but action remains capped by 100dma

The USDJPY is holding in extended directionless mode, consolidating around 140 handle after last week’s heavy losses (the pair was down 5.7% for the...

November 18, 2022, 10:58 am

Gbpusd: the weekly bullish engulfing adds to positive near-term outlook

Cable keeps positive tone following Thursday’s 3.3% rally, which generated an additional bullish signal on close above descending ...

November 11, 2022, 10:45 am

Gold price forecast: 100dma appears a tough nut to crack ahead of us consumer price index

Markets reposition ahead of the United States Consumer Price Index data. Failure at 100-Daily Moving Average could trigger a Gold Price sell-off on we...

November 10, 2022, 7:31 am

Gold price forecast: will xauusd reclaim 100dma ahead of us inflation?

The US Treasury yields hold lower ground amid a renewed risk-aversion wave. XAUUSD challenges the critical 100-Daily Moving Average resistance at $1,7...

November 9, 2022, 5:31 am


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