Lows Ahead as GBP Nears Key Support
[ad_1] It seems like the bearish trend will continue as bears target the key support level at 1.2418, which was the 23.6% Fibonacci […]
Evening Star Forms Ahead of RBA
[ad_1] There is a likelihood that the pair will retreat and retest the lower side of the channel at 0.7175. Bearish View […]
Euro Runs into Resistance Again
[ad_1] Expect a lot of noise, but expect more negative pressure than positive going forward. The euro initially tried to rally on […]
Markets End Week on Sour Note
[ad_1] I think it’s more likely than not that we will find plenty of value hunters over the longer term. Gold markets […]
Bitcoin Pulls Back Heading into Weekend
[ad_1] We have been going sideways for a while, but this looks a lot like the last time we were going sideways, […]
Index Pulls Back from Week’s Highs
[ad_1] Risk appetite will have a lot to do with what happens next, and you need to pay attention to the rest […]
British Pound Continues to Cease Selling
[ad_1] The recent rally has been nice, but when looked at through the prism of the last several months, it nothing but […]
Index Pulls Back Heading into Weekend
[ad_1] Keep in mind that the market is likely to continue seeing a lot of noisy behavior, so you need to be […]
Ethereum on Verge of Breaking Down
[ad_1] At this point, Ethereum looks like it’s got further to go to the downside. Ethereum fell on Friday to reach the […]
WTI Crude Oil Forecast: Price Continues Breakout
[ad_1] I look at this as a “buy on the dips” scenario, and that will be the way going forward. The West […]
Gold Technical Analysis: Forming Head and Shoulders
[ad_1] Gold futures are struggling to hold on to weekly gains after a strong US jobs report for May raised the likelihood […]
GBP/USD Technical Analysis: GBP Pessimism Continues
[ad_1] The pound against the dollar rebounded from its earlier losses late last week but faltered again in weak holiday trading on […]