AUDUSD is showing some improvement after the selling interest towards the two-year low of 0.6760. The pair may reach oversold levels according to the RSI and reversed higher just before posting a lower low. While the aforementioned Read more…
WTI oil futures (August delivery) are set to conclude their worst week since March, having plummeted by nearly 10% below trendlines and simple moving averages (SMAs) to hit a three-month low of $95.15/ barrel on Read more…
In this EAP release we looked into improvements for Docker and further enabling WSL support. A new build is available from our website, via the Toolbox App, or as a snap package (if you are using Ubuntu). Read more…
EUR/USD The single European currency continues to lose ground against the U.S. dollar, with the bears breaching the support at 1.0237 in the past trading session and reaching levels last recorded two decades ago. The Read more…
Markets Markets yesterday still faced conflicting signals as they tried to assess the mutual interference between growth and inflation. The outright (European) recession panic that dominated trading earlier this week eased even as there was Read more…
Short term Elliott Wave view in Oil suggests the decline from 123.77 did 5 waves down ended an impulse as wave ((a)) at 101.56. Then market bounced building a corrective structure and ended wave ((b)) Read more…
Sentiment is mixed. The S&P 500 eked out small gains after a volatile session. The FOMC minutes, released yesterday, came as a confirmation that the Federal Reserve (Fed) remains fully committed to bringing inflation down, Read more…
US markets got little solace but more clarity from the FOMC Minutes overnight. It was clear from the minutes that the committee members remained highly focused on culling inflation, even if it was at the Read more…
Daily Pivots: (S1) 160.77; (P) 161.67; (R1) 162.95; More… Intraday bias in GBP/JPY stays on the downside at this point. Firm break of 159.97 support will raise the chance of rejection by 167.93 long term Read more…
Daily Pivots: (S1) 137.31; (P) 138.40; (R1) 139.53; More…. EUR/JPY’s fall from 144.26 extends lower and intraday bias remains on the downside. Sustained break of 137.83 support will raise the chance of rejection by 144.06 Read more…