Analysis

EUR/USD The euro has started the week on a positive note, extending the gains seen on Friday. EUR/USD has pushed into 1.17-territory and is trading at 1.1715, up 14% on the day. PMIs point to solid growth The German economy is the bellwether for the entire eurozone, so investors were keen to see the flash […] More

Today’s Analysis It is hardly surprising that yesterday the euro opened the trade with a slight rise. Earlier, the European currency depreciated considerably, so a correctional movement was predictable. However, the release of the US macroeconomic data moved the euro back to its previous levels. Although the initial jobless claims came in a bit worse […] More

Today’s Analysis EUR/USD struggles to regain 1.1800, remains sidelined of late. MACD eases bullish bias, sustained trading below the key SMA, trend line resistance also keeps sellers hopeful. Bulls need to cross July’s top for conviction. Today triggered the sell signal by trading below yesterday’s low. However, Friday was a Bull Surprise Bar after a […] More

Today’s Analysis EUR/USD struggles to regain 1.1800, remains sidelined of late. MACD eases bullish bias, sustained trading below the key SMA, trend line resistance also keeps sellers hopeful. Bulls need to cross July’s top for conviction. EUR/USD portrays a lackluster start to Tuesday’s Asian session, after marking a corrective pullback the previous day. That said, […] More

Today’s Analysis EURUSD is flirting with the 20-day simple moving average (SMA) near 1.1800 after the rebound off the 1.1700 critical level, which is also the lower boundary of the seven-month consolidation area. According to the technical indicators, the RSI is rising towards the neutral threshold of 50 and the MACD oscillator is ready to […] More

EUR/USD is holding best support at 1.1735/15 as we look for the target of 1.1790/1.1800 for longs. USD/CAD shorts at first resistance at 1.2570/80 worked this week to test minor support at 1.2520/10. GBP/CAD remains quite erratic and random. No trend to follow. Today’s Analysis EUR/USD is back in the green zone, reversing Thursday’s bearish […] More

EUR/USD is holding best support at 1.1735/15 as we look for the target of 1.1790/1.1800 for longs. USD/CAD shorts at first resistance at 1.2570/80 worked this week to test minor support at 1.2520/10. GBP/CAD remains quite erratic and random. No trend to follow. Today’s Analysis EUR/USD’s best support is at 1.1735/15 this week. Longs need […] More

FOREX: XAU/USD With yesterday’s bearish breakout of multiple key levels, our directional bias on Gold is very bearish . Here are the key levels to watch for trading opportunities: Resistance 1 – 1750.0 Closest key resistance. The price perfectly respected that retesting it on intraday time frames. Resistance 2 – 1789.0 – 1796.0 The second […] More

DIVIDEND ETFs NEW PEAKS The appeal for dividend-focused ETFs is in vogue with bulls and bears playing tug-of-war lately. This is especially true as concerns over the fast-spread of the Delta variant of COVID-19 and the potential for a slower recovery took a toll on investors’ sentiment. Per the latest data from U.S. Centers for […] More

FOREX:GBP/USD gbpusd have failed to cross resistance at 1.395 and 1.3840 is providing good support if this support will held for 2 d=trading session than gbpusd will enter in bullish cycle and we will see good moves toward 1.44 but if support d=fails at 1.38-1.384 than we can see 1.35   FOREX: XAU/USD After touching […] More

FOREX:XAU/USD we breaks structure bearish but price didn’t come to verify our short position but its kind like its create first HH as attempt of coming to confirm bearish trend but didn’t manage to reach it so nest pull back was our potential entry but price didn’t cleat any clear bearish structure yet and we […] More

FOREX:XAU/USD Got this nice setup on Gold . From impulsive move down, Gold started to show weakness to move downside creating a market shift. Broke the structure to make a new high, get back to the order block, and is now moving to the upside. FOREX: EUR/JPY we have a Break of the Weekly Trendline. […] More