USD/CAD continues to trend lower after February’s rejection at 1.48, breaking below the 200-DMA and slipping back into a multiyear range. While a short-term bounce…
GBP/USD has bounced strongly from the 50-day moving average, clearing a key pivot and approaching the top of its multi-month channel. While the rally appears…
Gold staged a strong V-shaped recovery after an early April pullback, holding key support near $3135. Despite overbought signals, momentum remains intact, with eyes now…
EUR/CHF is testing a critical support level at 0.9210 after losing the 200-DMA earlier this month. A sustained break lower could open the door to…
Brent crude has extended its decline after breaching key support levels from earlier in 2024. While momentum indicators suggest the move is stretched, signs of…
S&P 500 has experienced a steep decline after breaking down from its multi-month range, Société Générale’s FX analysts note. S&P 500 hits key support level…
Brent has pulled back after facing strong resistance around the 200-DMA ($76) recently, Societe Generale’s FX analysts report. Brent to reach $63 in the near…
USD/CNH recently tested the 200-DMA at 7.22 resulting in a brief rebound, Societe Generale’s FX analysts report. Next objectives can be located at 7.17/7.16 “It…
S&P 500 has so far defended the low of last down leg near 5500pts, which is also an ascending trend line connecting troughs of April…
USD/JPY rebound petered out near the confluence of the 50-DMA and the 200-DMA at 151.30/151.60, Societe Generale’s FX analysts report. USD/JPY can fall towards March…