USDCHF Hits the Target The USDCHF pair succeeded to touch our main waited target at 1.0064 and found solid resistance there, to rebound bearishly and head towards achieving expected decline in the upcoming sessions, targeting testing 0.9910 followed ...

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XAUUSD - Growth is possible. On the daily chart, a downward correction ended as the fourth wave of the higher level (4), within which the wave C of (4) formed as a momentum. Now, the development of the fifth wave (5) has started, within which the ...

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USDJPY - Growth is possible. On the daily chart, the third wave of the higher level 3 develops, within which the third wave of the lower level iii of 3 formed, and a downward correction ended as the fourth wave iv of 3. Now, the fifth wave v of 3 is ...

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NZDUSD Awaits New Declines The NZDUSD pair provided slight positive trades yesterday to test 0.56 barrier, noticing that stochastic begins to provide negative signals now, waiting to motivate the price to resume the bearish wave that its targets ...

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image EURUSD builds bearish channel The EURUSD pair continues to fluctuate around 0.97 level, and finds difficulty to confirm breaking it, noticing that the price moves inside intraday bearish channel that supports the chances of continuing the ...

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Sterling climbs nearly 1% despite GDP contraction data Sterling rose against most major currencies on Wednesday despite some negative UK data. Earlier UK data showed GDP contracted 0.3% m/m in September while analysts expected no change in the ...

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IBM gives in to negative pressures IBM's stock skidded in the intraday levels after the company announced an investment of $20 million in New York in PC devices, hybrid cloud services, AI, and quantum computers, with the stock sliding 2.79%, and ...

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EURUSD Ends the Temporary Rise The EURUSD pair bounced downwards clearly after the temporary rise that it witnessed yesterday, as the EMA50 (BOA middle bankd) formed solid resistance barrier against the price, to start pressing on 0.9670 level ...

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USDCHF - Growth is possible. On the daily chart, a downward correction ended as the second wave of the higher level 2, and the formation of the upward third wave 3 started, within which the wave (1) of 3 develops. Now, the fifth wave of the lower ...

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NZDUSD presses on the support The NZDUSD pair resumes its negative trading to press on 0.5564 level again, waiting for confirmed break to open the way to head towards our next target at 0.55. The technical indicators provide negative signals that ...

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USDJPY - The US dollar updates record highs The USDJPY pair is developing an uptrend, renewing record highs. After some decline last week, the dollar resumed active growth against the yen, despite the risks of new currency interventions from the ...

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image USDCAD - Growth is possible. On the daily chart, the fifth upward wave of the higher level 5 develops, within which the wave (1) of 5 formed, the correctional wave (2) of 5 ended, and the wave (3) of 5 develops. Now, the third wave of the ...

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Crude Oil Technical Outlook Crude oil price trades negatively to press on 89.75 level, to hint heading to decline on the intraday basis, targeting testing 88.2 initially, noting that breaking this level will extend the bearish wave towards 86.65 as ...

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USDCHF Technical Outlook The long-term trend remains upward. Yesterday, the traders broke through the resistance level of 0.995, which opens up the target for buyers around the June high of 1.0040. If it is broken, the next target will be 1.0120. If ...

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Gold Technical Outlook Gold price continued to decline to surpass our first target at 1673 and reach the extended target at 1660, and we expect the continuation of the negative pressure to break the last level and open the way for more decline on ...

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USDCAD Technical Outlook The USDCAD pair succeeded to touch our waited target at 1.383 now, providing positive trades that support the chances of surpassing this level to head towards achieving more bullish bias in the upcoming sessions, noting that ...

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NZDUSD Technical Outlook The NZDUSD pair provided more negative trades to touch our second target at 0.5564 and presses negatively on it, in attempt to confirm breaking it now, reinforcing the expectations of extending the bearish wave on the ...

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image GBPUSD - A fall is possible. On the daily chart, the fifth wave of the higher level (V) forms, within which the wave V of (V) develops. Now, the fifth wave of the lower level (5) of V is developing, within which the wave 3 of (5) has formed, ...

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EURUSD - A fall is possible. On the daily chart, the downward wave of the higher level А develops, within which the fifth wave (5) of А forms. Now, the fifth wave of the lower level 5 of (5) is forming, within which the formation of the local ...

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BTCUSD - Monetary factors put pressure on the crypto market The trading instrument is testing the middle line of Bollinger bands around 19400, consolidation below which will give the prospect of further decline to 18750 (Murrey [0/8]), 18000 (Murrey ...

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