AUDUSD has pushed back above the 0.7300 handle and is recouping previously lost ground following the pullback from the 0.7431-0.7474 resistance border. The longer-term SMAs continue to retain a negative bearing but the 50-day SMA, Read more…
EUR/GBP eases ahead of ECB EURGBP is edging a few points lower, snapping a three-day winning run ahead of the ECB interest rate decision. The pair rallied 1% yesterday as Ukraine indicated that it was Read more…
US stock rallied sharply on Wednesday after falling in the past four consecutive days. The Dow Jones rose by more than 600 points while the tech-heavy Nasdaq 100 index rose by over 373 points. Some Read more…
The US 30 (cash) index failed again to touch the one-year low of 32,200 and returned higher but the near-term bias is still bearish. The 40- and the 200-day simple moving averages (SMAs) posted a death cross, confirming the Read more…
Here’s an exhaustive list of all the tools Jeffrey Way uses in his daily workflow at Laracasts. Read more
Short Term Elliott Wave View in GBPUSD suggests that the decline from February 18 peak is unfolding as a 5 waves impulse Elliott Wave structure. Down from February 18, wave (i) ended at 1.3536, and Read more…
NZDUSD shifted to the sidelines after Monday’s advance faltered near the 200-day simple moving average (SMA) and at a three-month high of 0.6924. Despite yesterday’s festive mood in the FX space, the pair could barely Read more…
Market movers today Focus remains on possible peace negotiations between Russia and Ukraine. Yesterday, we published the first part of a series of publications where we analyse the implications from the war in Ukraine, Research Read more…
WTI crude tumbled after the UAE said consider boosting production. The parabolic climb came to a halt at 129.00 and pushed the RSI into an extremely overbought condition on the daily chart. A bearish RSI Read more…
The sterling claws back losses as risk appetite makes a timid return across the board. Following a three-month-long rebound on the daily chart, a lack of support at 1.3200 and a bearish MA cross shows Read more…