Sudden Reversal of the Trend
The US dollar jumped strongly after US inflation figures for April came in stronger than markets had expected, leading to warnings that […]
Price of Gold Trying to Recover
For the second day in a row, gold prices are trying to recover, reviving the momentum of safe haven buying after falling […]
GBP/USD Technical Analysis: Indifferent to Oversold Levels
The cheery tone of global markets helped correct the heavily sold pound higher, although there is still little conviction among analysts that […]
EUR/USD Technical Analysis: Downside Path is Stronger
The EUR has a medium-term bullish potential, which indicates that a long streak of losses will fade soon. Despite the recent stability […]
Dow Jones Technical Analysis: Breaking Its Current Support
We expect the index to continue declining during its upcoming trading. The Dow Jones Industrial Average continued to decline during its recent […]
Index Gives Up Some Early Gains
I think the sellers will continue to come back into this market to take advantage of any attempts at recovery. The German […]
EUR/USD Forex Signal: Bearish Consolidation Continues
The pair remains vulnerable to a breakdown below $1.0500. My previous EUR/USD signal on 4th May was not triggered, as none of […]
Fall to March 2021 Lows has Room for Another Drop
BNB/USD is suffering a loss of value like many of its major counterparts, and its current ‘support’ levels should be considered carefully. […]
USD Pulls Back to Support Against CAD
The US dollar has been a bit of a wrecking ball against everything else, so it is difficult to imagine that the […]
WTI Crude Oil Forecast: Price Bounces Significantly
At this point, you need to be very nimble and cautious about your position size more than anything else. The West Texas Intermediate Crude […]
Euro Continues to Look for Direction
I would love to see this pair bounce a bit so that I can sell it heading closer to the weekend. The […]
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