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AUD USD, “Australian Dollar vs US Dollar” It's highly likely that Australian Dollar has finished the correctional wave 4. On the minor wave level, the pair has formed the double zigzag in the wave [y]. Possibly, in the future the market may fall in the wave (i...
Risk-off sentiment extends into Asia on Wednesday, mainly due to the ongoing weakness in oil prices. As a result, the demand for safe-havens was on the rise while the risk-currencies traded in the red...
AUD/NZD: bullish ranging near bearish reversal area. The pair is bullish on market condition: price is located above Ichimoku cloud in the primary bullish area of the chart within the following key support/resistance levels: 1...
Research Team at NAB, suggests that although some of the risks hanging over global markets have abated, recent global economic growth and the outlook remains lacklustre...
Research Team at BBH, notes that many observers conclude OPEC is dead. Oh, its demise has been claimed before, but after the oil cartel failed to provide a quota (output goal) in last week's statement, the claim has been given new life...
The Australia’s, Q3 GDP figures were consistent with their view that the recovery across the non-mining recovery is broadening, and recent business survey results suggest this momentum continued into Q4...
Reported bitcoin 'founder' Craig Wright's home raided by Australian police Police have raided the home of an Australian tech entrepreneur identified by two investigations as one of the early developers of the digital currency bitcoin...
USD JPY, “US Dollar vs Japanese Yen” More detailed structure is shown on the H1 chart. It looks like the price is forming the third wave in the (v). On Tuesday, after completing the local correction, the market is expected to resume moving upwards...
USD JPY, “US Dollar vs Japanese Yen” Probably, the market is still forming the wave (v). In the future, after finishing the current ascending impulse, the price may start a long bearish correction...
GBP USD, “Great Britain Pound vs US Dollar” As we can see at the H1 chart, Pound has formed the zigzag in the wave (v) and the bullish impulse in the wave (a). In the nearest future, the price may continue forming the correctional wave (b...
GBP USD, “Great Britain Pound vs US Dollar” After finishing the diagonal triangle, Pound started the correction. Later, the price formed the ascending impulse in the wave (a). Later, after completing the local correction, the pair may resume its growth in the wave (c...
EUR USD, “Euro vs US Dollar” More detailed structure is shown on the H1 chart. After finishing the diagonal triangle in the wave [v], the pair has rebounded from its lower border and started the correction. On Tuesday, the market may continue forming the descending wave [b]...
EUR USD, “Euro vs US Dollar” Probably, last week Eurodollar completed the descending impulse in the wave 3 or C. In the nearest future, the pair may continue forming the correctional wave [b], which may be followed by another bullish impulse in the wave [c] of 4...
The stocks on the Asian bourses traded mixed on Wednesday, with the Japanese markets extending the previous sell-off on weaker cues from the Wall Street and European equities and lower oil prices...
NZD/USD extends its bearish momentum into a third-day today, with the renewed bout of selling interest triggered by negative sentiment on the Asian markets and China slowdown worries. NZD/USD heavy, heading towards Tuesday’s low Currently, the NZD/USD pair trades -0...
The bid tone around the EUR keeps growing bigger heading into mid-Asian trades, with EUR/USD storming through 1.09 barrier and printing fresh three-day highs. EUR/USD on its way to daily R1 at 1.0921 Currently, the EUR/USD pair rises 0.20% to fresh three-day highs of 1...
USD/JPY met fresh supply just ahead of hourly 200-SMA at 123.02 and dropped sharply to fresh session lows near 122.80 region as risk-off moods persist, despite better than expected Chinese CPI data. USD/JPY eyes Tuesday’s low Currently, the USD/JPY pair trades -0...
EURUSD: Having taken back its Monday losses to close higher on Tuesday, EURUSD looks to resume short term uptrend triggered from the 1.0521 level. While the 1.0829/1.0796 zone continues to hold as support, the pair should build up on the mentioned short term uptrend...
EUR GBP, “Euro vs Great Britain Pound” we can see at the H1 chart, the current correction towards the retracement of 50% may yet continue. It’s highly likely that on Tuesday the pair may reach a new local low. Later, the market may continue its ascending movement to reach upside targets...
