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.…
AUD/JPY could target the psychological support level at 93.00. The 14-day RSI is positioned above the 30 mark, reinforcing the prevailing bearish bias. The pair…
EUR/CAD could continue its winning streak as Trump announced to proceed with tariffs on Canada and Mexico. The Euro may face challenges as the absence…
WTI price may decline due to expectations of resumed exports from Kurdistan’s oilfields. Iraq’s Oil Ministry confirmed plans to export 185,000 barrels per day from…
GBP/USD could struggle due to new tariff threats from US President Donald Trump. The latest FOMC Meeting Minutes emphasized needing more time to assess multiple…