AUDUSD Repowers Optimism With Prod Above SMAs
AUDUSD has restored its neutral to bullish behavior after rebounding above the 50- and 100-day simple moving averages (SMAs), and is currently handling the...
Oil Edges Higher, Gold Rises On FOMC
Oil power is higher on U.S. recovery target-setting
Oil markets ignored growth in official U.S. crude inventories, as they did with the API numbers the...
Intraday Market Analysis – Bearish Momentum
USDCHF breaks below consolidation range
The US dollar remains...
Elliott Wave View: Dollar Slides After FOMC Meeting
A short-term Elliott wave view in Dollar Index (DXY) suggests that the March 31, 2021 high decline is developing as a 5-wave structure of...
Asian Equities Edge Higher | Action Forex
Asia in a cautious mood looks at US GDP
Asian securities continued to trade with cautiously bullish bias, with one eye on U.S. GDP tonight,...
Market Morning Briefing: Euro Rose Sharply Above 1.21 As The Dollar Weakened After The...
STOCKS
Shares continue to trade mixed. The Dow seems to be turning slowly. The level of 33500 is very crucial to see if...
April FOMC: A Subtle Change In Tune
Summary
The April meeting statement and initial remarks from President Powell’s press conference struck a slightly more optimistic tone, but did nothing to dampen expectations...
USDJPY Regains Footing And Tussles 109.00 Handle
USDJPY is struggling to overcome the 109.00 hurdle, where the mid-Bollinger band also resides, after regaining some lost ground from a deep price correction...
Oil Looks for Direction, Gold Under Pressure
Oil flat like OPEC + to gently raise supply
Oil is consolidating after strong gains in the previous session. Oil prices rose higher on...
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