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Usd/cad sinks more than 100 pips. what's next

The Canadian dollar is competing with the kiwi for the top spot in G10 FX today as risk trades surge and the US dollar sinks. USD/CAD is down 106 pips...

November 2, 2023, 7:26 pm

Gbpusd tests key descending trendline

GBPUSD slightly higher today as market digests Fed meeting It tests again the July 14 aggressive descending tr...

November 2, 2023, 9:29 am

Nzd/jpy price analysis: rally capped at kijun-sen, at around 88.00

The NZD/JPY jumped from daily lows of 87.03, climbing past the 88.00 figure on Tuesday. However, the advancement was capped by the Kijun-Sen at 88.49,...

October 31, 2023, 10:59 pm

Audusd sellers push the price below the 100/200h ma. ups and downs continue for the pair

The AUDUSD moved higher yesterday, and in the process tested a downward-sloping trendline on the hourly...

October 31, 2023, 3:11 pm

Usdcad runs higher and approaches the high from last week

The USDCAD reached above the high of a swing area on Friday to trade and the topside trendline on the d...

October 31, 2023, 2:01 pm

Audusd wave analysis

AUDUSD reversed from key support level 0.6300 Likely to rise to resistance level 0.6425 AUDUSD recently reversed up from the key support level 0.6300,...

October 31, 2023, 12:48 am

Eurusd restores bullish bias after reclaiming uptrend line

EURUSD bounces higher as positive bias gains traction Price climbs above moving averages and ascending trendli...

October 31, 2023, 12:46 am

British pound forecast: gbp/usd bounded by fibonacci support & trendline resistance

This article looks at GBP/USD from a technical standpoint, highlighting critical price levels that could come into play and act as short-term support ...

October 26, 2023, 5:20 pm

Nasdaq composite technical analysis - watch what happens around this trendline

This week started like the last one with a broader rally in the markets as the risk sentiment got supported by another lack of a ground operation in G...

October 26, 2023, 12:05 pm

Tech stocks set for a nasty day ahead

The question now will be one asking about the resolve of dip buyers in the day ahead. After the poor reception to Meta and Alphabet's earnings release...

October 26, 2023, 7:19 am

Gold price forecast: xau/usd confirms bull flag, re-attempts $2,000

As observed on the daily chart, Gold price confirmed a Bull Flag formation after closing Wednesday above the falling ...

October 26, 2023, 4:14 am

Gbp/usd at risk of freefall if 1.2000 psychological level is broken

GBP/USD faced a trendline rejection and renewed selling pressure making a return to recent lows. Are we...

October 25, 2023, 8:04 pm

Copper technical analysis - the bulls are eyeing the top trendline

The copper market remains in a tight spot. The Chinese data continues to improve amid more support from the Chinese officials while the future outlook...

October 25, 2023, 11:00 am

Usdcad has another round of fighting ahead

USDCAD jumps above 1.3700 ahead of BoC rate decision Will the pair breach the neutral triangle pattern too? USDCAD held its footing above the resistan...

October 25, 2023, 9:28 am

Draftkings stock tests key trendline after upgrade

The shares of DraftKings Inc (NYSE:DKNG) are nearly 4% higher before the bell, after MoffettNathanson upgraded the sports betting  firm to "buy" from...

October 24, 2023, 9:25 am

Audusd wave analysis

AUDUSD reversed from key support level 0.6300 Likely to rise to resistance level 0.6400 AUDUSD currency pair recently reversed up from the key support...

October 24, 2023, 1:50 am

Us dollar index (dxy) update: us dollar retreats with gbp/usd eyeing a trendline break

The US Dollar Index faced selling pressure today as US Yields retreated from recent highs. GBPUSD benefitted with a deeper recovery for Cable looking ...

October 23, 2023, 9:00 pm

Nasdaq 100 technical: further potential downside pressure as key support broke

Broke below a key ascending trendline on last Friday, 20 October that has acted as support for prior do...

October 23, 2023, 12:15 pm

Eurgbp snaps key barriers, but one more remains

EURGBP heads for a strong weekly close Bull run faces another challenge at 0.8740 EURGBP recorded a couple of bullish achievements this week, ascendin...

October 20, 2023, 8:39 am

Stocks on course to end the week lower

The fall yesterday could be in part due to both rising Treasury yields and also the geopolitical worries surrounding the Israel-Hamas conflict. Tech s...

October 20, 2023, 4:40 am


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