FLEX EAGBPUSD backs off after strong UK CPI data fails to maintain momentum in break higher.
High price above swing area failed today GBPUSD backs off after break higher failed. The GBPUSD experienced an upward trend today following…
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Trading signal for GOLD (XAU/USD) on February 16-17, 2023: buy above $1,830 (21 SMA - strong support)
Early in the American session, GOLD (XAU/USD) is trading around 1,837 above the 21 SMA. The metal is showing some strength, but there is bearish pre…
Trading Signal for GBP/USD on November 11-14, 2022: sell below 1.1780 (strong resistance - 21 SMA)
Early in the American session, the British Pound (GBP/USD) is trading at around 1.1760 and above 8/8 Murray (1.1718). We can see a strong bullish bi…
Strong US inflation statistics pushes EURUSD to 0.95
While the Fed is trying to catch up with runaway inflation, financial markets, on the contrary, are trying to act ahead of the curve. Investors are t…
EUR/USD. As long as the dollar remains strong, the euro is unlikely to grow wings
Global markets have been struggling this week to find a clear direction after a turbulent third quarter. Investors continue to assess global geopol…
EUR/USD: Strong Bull Breakout
EUR/USD Daily Chart EUR/USD bulls have gotten a strong reversal back to the 1.000 big round number. So far, this is good for the bulls, and t…
Crude demand outlook takes a hit, gold stumbles on strong dollar
Oil Oil bulls thought they were in the clear, but ‘just when they thought they were out, they pull me back in.’ Oil’s true enemy is global growth…
Trading Signal for USD/JPY for August 10 - 11, 2022: sell below 132.81 (5/8 Murray - strong resistance)
Early in the American session, the Japanese yen fell below the psychological level of 135.00. A few days earlier, USD/JPY was consolidating within a …
Oil pops, gold strong heading into inflation report
Oil Crude prices surged after Russian oil supplies were halted to Eastern Europe. A simple disruption that stemmed from Western sanctions that do n…
US premarket on July 22: Stock market continues to rise due to strong corporate reports
US stock futures are trading mixed on Friday. Apparently, investors stay optimistic due to strong corporate reports. This fact favors the market and …
Ethereum under strong bullish pressure, breakout attempt
ETH/USD rallied in the short term and now it approaches a strong resistance area. It was trading at 1,222 at the time of writing. Ethereum edged high…
Gold suffers fall amid Fed's determination and strong dollar
With the highest inflation in the United States in four decades, the armed conflict in Ukraine, and the risks of a recession in the global economy gr…
EUR/USD: Bulls Looking For Strong Entry Bar For Double Bottom
EUR/USD Daily Chart EUR/USD bulls got a strong reversal bar following the June 13 bear close test and the June 15 low. Yesterday was also the…
CAD edges up after strong PMI
The Canadian dollar has extended its gains on Tuesday. USD/CAD is trading at 1.2545, down 0.26% on the day. The Canadian dollar received a boost as I…
Trading signal for GBP/USD on May 23-24, 2022: sell in case of pullback at 1.2622 (strong resistance - 200 EMA)
Since May 13, the British pound (GBP/USD) has developed a strong upward movement from the low of 1.2154 and reached the high of 1.2599 during the Am…
EUR/USD: Yesterday's Strong Bull Close Needs Follow-Through Today
EUR/USD Daily Chart EUR/USD bulls got a bull bar closing on its high yesterday. The bulls have strong buying pressure, and the context is good…
EUR/USD analysis on May 8. American statistics: not strong enough for the dollar to rise again.
The wave marking of the 4-hour chart for the euro/dollar instrument continues to look convincing. The instrument continues the construction of the d…
Gold under strong buying pressure
The price of gold is trading in the green on the H1 chart. It's located at 1,973 at the time of writing and it seems determined to resume its gro…
Strong start for the week in the Dollar index.
The Dollar index is bouncing higher continuing last week's momentum. Price remains inside a trading range since the end of February. Price is app…
Cautiously higher after strong jobs report
Equity markets are nudging higher at the end of the week after suffering losses a day earlier, as the consolidation phase continues. This continues…
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