The USDJPY pair has surged to a 14-week peak, touching 153.83 as demand for the US dollar strengthens with the unfolding US presidential election. This rally aligns with increasing support for Donald Trump, whose lead Read more…
Gold price is declining below the $2,700 support zone. Crude oil price is rising and it could climb further higher toward the $75.00 resistance. Important Takeaways for Gold and WTI Crude Oil Prices Analysis Today Read more…
GBPUSD hits a new two-month low as Trump wins White House Short-term outlook remains bearish; focus on 200-SMA for potential support Bank of England, Fed announce their rate decisions today GBPUSD took a sharp dive to Read more…
Markets The Republican hattrick trigged the most pure version of the America First trade. US equities, yields and the dollar all jumped sharply higher, betting on a strong, domestic-driven outperformance of the US economy. The Read more…
Short Term Elliott Wave View in S&P 500 Futures (ES) suggests rally from 8.6.2024 low is in progress as an impulse. Up from 8.6.2024 low, wave 1 ended at 5669.75 and pullback in wave 2 Read more…
Daily Pivots: (S1) 197.79; (P) 198.66; (R1) 200.02; More… Intraday bias in GBP/JPY remains neutral as consolidation from 199.79 could extend. Further rally is expected as long as 55 D EMA (now at 194.80) holds. Read more…
Daily Pivots: (S1) 165.18; (P) 165.65; (R1) 166.36; More…. No change in EUR/JPY’s outlook as consolidations continue below 166.67. Intraday bias stays neutral. Further rally is expected as long as 164.25 minor support holds. Sustained Read more…
Daily Pivots: (S1) 1.6233; (P) 1.6366; (R1) 1.6458; More… Intraday bias in EUR/AUD remains on the downside for 1.6132 support. Break there will extend the fall from 1.6598 to retest 1.5996 key support level. On Read more…
Daily Pivots: (S1) 0.9363; (P) 0.9400; (R1) 0.9443; More…. EUR/CHF is still bounded in converging triangle for now, and intraday bias remains neutral. On the downside, break of 0.9331 will resume the fall from 0.9579 Read more…
Daily Pivots: (S1) 1.0628; (P) 1.0783; (R1) 1.0885; More… Intraday bias in EUR/USD remains on the downside as fall from 1.1213 is in progress. Next target is 61.8% projection of 1.1213 to 1.0760 from 1.0936 Read more…