image EURUSD is Recovering The EURUSD pair’s decline stopped at 1.0966 level, to rebound bullishly and settle above the EMA50, to head towards recovering and resume the main bullish wave again, on its way to test 1.1075 level as a first station, ...

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image EURJPY Beginning of a new week on the markets has been calm so far. Worse than expected German industrial production reading for March did not have much impact on EUR or European indices. German industrial output dropped 3.4% MoM, missing ...

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image EURUSD leans on the moving average EURUSD pair tested the EMA50 that formed good support at 1.1010 and kept its stability above it, to start today positively and attempts to resume the main bullish trend, noticing that stochastic provides ...

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image USDCAD As is usually the case for the first Friday of a new month, traders will be offered jobs data from the United States and Canada. Both reports will be released at 1:30 pm BST today, meaning that USDCAD is likely to experience a jump in ...

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DE 30 Vulnerable to further losses The DAX futures / DE30 is pulling back from the yearly high this week and testing the previous week's low. image W1 chart The horizontal trend line at 15,816 points seems to be holding. This offers the chance for ...

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image Oil Oil prices, including Brent and WTI, dropped more than 5% after yesterday’s FED meeting regarding interest rates. Oil.WTI dropped below $69 - the lowest level since March 24, 2023. Prices fell from $71.5 per barrel to as low as $63.6 per ...

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GBPUSD touches the target The GBPUSD pair continued to rise yesterday to succeed touching 1.2580 level, noticing that the price begins today with new rise to attempt to confirm breaching this level, to continue suggesting the bullish trend for the ...

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image Gold Gold prices rallied upwards sharply by today’s open, as the prices are affected by the FOMC rate hike, to surpass our waited target at 2048.70 and record new historical high at 2080, to hint the continuation of the bullish trend ...

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image Gold - Chart of the Day GOLD managed to break the key resistance at 2010.5$ during yesterday's session, and left the local consolidation, which was related to the rebound on EURUSD. Earlier, the price of this precious metal reacted several ...

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Oil Major Asian stock indexes ended the session lower after yesterday's slump on Wall Street. Chinese and Japanese markets were closed today for holidays. Retail sales data from Australia came in slightly better than expected. March retail sales ...

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image USDCAD Despite natural gas price sideways fluctuation between 1.950 support and 2.500 resistance, the major indicators provide the negative momentum again, to increase the chances of renewing the negative attempts in the near term and medium ...

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image Gold confirms the breach Gold prices confirmed breaching the symmetrical triangle’s resistance line and settled with a daily close above it, to resume the main bullish track and head towards achieving positive targets that start by testing ...

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GBPCHF All set to fall GBPCHF is currently at 1.1198 in a range and looking for a breakout of slope support. We are in the start of a channel, and we are looking for a continuation to the 1.000 Fibo at 1.1149 with a further target the ATR target at ...

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image DE30 On Wednesday, German Index DAX opened higher after a long weekend due to the Labor Day on Monday. Today's stock market session in Europe brought a continuation of the uptrend. The German DAX (DE30) started strongly after the opening ...

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image EURUSD EMU inflation data for April: Harmonised Index of Consumer Prices YoY: 7.0% versus 6.9% expected and 6.9% previously Core Harmonised Index of Consumer PricesYoY: 5.6% versus 5.6% expected and 5.7% previously Eurozone inflation is ...

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image AUDUSD Looking at the chart, the AUDUSD rate started to rise rapidly after 6:00 am. So far, no contrary signals have appeared, so further upward movement of AUD cannot be ruled out. Volatility on the Australian dollar may still appear during ...

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image AUDUSD Asian shares were mixed on Tuesday, with some markets closed or anticipating holidays.So far, markets do not react in any particular way to the latest development in the U.S. banking sector. Japan's Nikkei 225 (JAP225) is down 0.3% to ...

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image DE 30 Friday marked the end of April trading and it ended with solid gains, sending DE30 to the highest level since January 2022 and US indices to back to resistance zones. For DE30 it was the fourth straight green monthly candle meaning ...

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image EURUSD The EURUSD is in a tight bull channel. However, it is collecting much strong bear closes. The odds are that the channel up from the May low is converting into a trading range. The bears need to get closes below the moving average to ...

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image 3 markets to watch this week First week of May looks busy, especially the second half of it, as investors will be offered top-tier macro data from North America as well as rate decisions from Fed and ECB. Stock markets will continue to react ...

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