image Crude Oil - Trades near the year’s low The key factor determining the direction of dynamics in the oil market remains the discussion of the maximum price level for Russian oil, which has not yet been agreed upon. Despite additional ...

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image GBPUSD awaits the breach The GBPUSD pair trades within minor bearish channel that appears on the chart, and we believe it forms bullish flag pattern, as the price needs to breach 1.1995 to activate the positive effect of this pattern ...

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image Economic Calendar: ADP Employment report, speech from Fed Chair Powell European indices set for higher opening Powell to speak on the economy and inflation in the evening ADP report expected to show 200k jobs gain in November image Economic ...

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image EURUSD needs strong positive motive The EURUSD pair shows some slight bearish bias to test the EMA50, while stochastic continues to move within the oversold areas, waiting to motivate the price to resume the expected bullish trend for the ...

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image AUDUSD - Growth is possible. On the daily chart, the first wave of the higher level (1) formed, a downward correction ended as the second wave (2), and the third wave (3) develops. Now, the first entry wave of the lower level i of 1 of (3) ...

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image ETHUSD - the cryptocurrency quotes remain under pressure The main pressure on ETH over the past few days has been an unsuccessful joke by one of the blockchain developers with the nickname Cygaar. In an effort to assess the impact of social ...

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image USDCAD Begins Bearish Wave The USDCAD pair touched the key resistance 1.3500 and consolidated below it, to start providing negative trades by today’s open, which encourages us to suggest building bearish wave on the intraday basis, targeting ...

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image NZDUSD -Quotes remain within the downward channel Thus, according to the report of Statistics New Zealand (Stats.nz), employment in the main sectors of the economy in October adjusted to 2.32M jobs, but the decrease in the indicator in the ...

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image Crude Oil - EU countries again did not agree on the maximum price level for oil from Russia Representatives of the EU countries could not agree on the limitation of prices for Russian oil. According to one of the diplomats, the reason was ...

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image XAGUSD - The price is in a correction, a fall is possible. On the daily chart, a downward correction of the higher level ended as the second wave (2), within which the wave C of (2) formed, and the development of the third wave (3) started. ...

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image USDJPY - The price is in a correction, a fall is possible. On the daily chart, the third wave of the higher level 3 ended, and a downward correction started to develop as the fourth wave 4. Now, the wave of the lower level a of 4 has formed, ...

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image BTCUSD - decline may continue Like the rest of the cryptocurrency market, the BTC coin is experiencing the consequences of the bankruptcy of the FTX exchange, which risks causing a “domino effect” and leading to significant losses for other ...

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image GBPUSD - Growth is possible On the daily chart, the downward fifth wave of the higher level 5 of (V) ended, within which the wave (5) of 5 formed, and the development of the upward first wave (1) started. Now, the third wave of the lower ...

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image ASX 200 - Australian stock market continues its uptrend Thus, the largest Australian financial conglomerate Commonwealth Bank of Australia today will present financial results for the third quarter, from which analysts expect a significant ...

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image USDCAD - the pair is preparing for the strengthening of the downward dynamics According to the latest survey, the situation of small and medium-sized enterprises in the third quarter improved markedly: 23.5% of enterprises expect ...

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image NZDUSD Breaks the Support The NZDUSD pair faced negative pressure to break 0.6240 and settles below it, which pushes the price to achieve more expected decline in the upcoming sessions, targeting visiting 0.6100 areas ...

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image Crude Oil Price Suffers Strong Losses Crude oil price ended last Friday with strong negativity to settle at 76.05 level, starting today with additional strong decline to break the mentioned level and reach 74 areas now, which pushes the ...

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image AUDUSD - Australian economy shows signs of decline The reason for the negative dynamics was poor macroeconomic data: according to the Australian Bureau of Statistics, retail turnover in October fell by 0.2% after rising by 0.6% in September, ...

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image Dollar on track for weekly losses on Fed rates Dollar fell in European trade on Friday against a basket of major rivals, extending the gains for the fourth day in a row, and almost hitting three-month lows, and on track for the second weekly ...

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image Gold Technical Analysis Gold price tests the key support 1746.4 and keeps its stability above it until now, which keeps the bullish trend scenario valid for the upcoming period, supported by the EMA50, waiting to resume the bullish bias to ...

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