The Australian Dollar could advance as the US Dollar struggles after the Fed’s Beige Book suggested weakening economic conditions. President Trump said that the US…
NZD/USD could find the next barrier at the six-month high of 0.6038. If 14-day RSI breaks above 70, it could signal overbought conditions and raise…
USD/JPY could retest the seven-month low of 141.61, recorded on Thursday. If the 14-day Relative Strength Index falls below the 30 level, it could potentially…
USD/CAD may find support near the six-month low of 1.3828, recorded on Monday. The 14-day RSI indicates oversold conditions, pointing to the possibility of a…
Silver price could aim for the upper boundary of the ascending channel near $33.50. The 14-day RSI holding at the 50 mark reinforces the ongoing…
![The Nikkei appears poised to continue its broader corrective trend [Video]](https://editorial.fxsstatic.com/images/i/Equity-Index_NIKKEI-2_Large.jpg "The Nikkei appears poised to continue its broader corrective trend [Video]")
The Nikkei (NKD) has been trending lower since its peak on July 8, 2024. We indicate this decline follows a “double three” Elliott Wave pattern,…
USD/CAD gains support amid heightened risk aversion ahead of Trump’s scheduled tariff announcement on April 2. The Canadian Dollar strengthened as Trump suggested that “a…
EUR/JPY may face key resistance at the upper boundary of the ascending channel near 164.50. The 14-day Relative Strength Index stays above 50, strengthening the…
EUR/GBP may strengthen following Germany’s agreement on a debt overhaul and a substantial increase in state spending. ECB Vice President Guindos noted that President Trump’s…
Silver price may test the primary support at the nine-day EMA of $32.21. The 14-day RSI remains above the 50 mark, confirming a bullish bias.…