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…
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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…
EUR/USD Meets Strong Support At 1.0625/15
AUD/USD reverses from resistance at 7230/50 breaking support at 7150/30 to target 7060/50, perhaps as far as 7030/20. Resistance at 7145/55. Short…
Canadian Dollar Edges Up After Strong PMI
The Canadian dollar extended its gains on Tuesday. USD/CAD was trading at 1.2545, down 0.26% on the day. The Canadian dollar received a boost as the…
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