Gold prices bounce off moving average support, reclaiming the $3,300 level. XAU/USD technical levels remain firm within a bull flag pattern. Momentum remains neutral with…
Weak Eurozone data is keeping the Euro on its back foot on Wednesday. Comments from ECB officials have increased hopes of a June cut. Strong…
AUD/USD bounced up on stronger-than-expected Australian inflation figures. The pair maintains its immediate bearish trend intact, with bulls capped below 0.6450-0.6460. The daily chart features…
For those new to our work and analyses, using the Elliott Wave (EW) Principle and our BIMBO concept, “any Bear market/correction is a Major Buying…
Bundesbank President Joachim Nagel struck a measured tone on the path ahead for interest rates, saying it remains too soon to decide on a further…
Gold forms a descending wedge pattern, signaling a pause in the bullish trend. XAU/USD key technical levels in focus: $3,200 support vs $3,300 resistance. Momentum…
USD/CHF rebounds to around 0.8220 in Tuesday’s early European session. The pair keeps the negative outlook below the 100-day EMA with a bearish RSI indicator. …
USD/CAD weakens to around 1.3735 in Tuesday’s early Asian session. The US Dollar extends the decline as the ‘Sell America’ theme continues. BoC rate cut…
USD/JPY remains capped below former psychological support, now resistance, at 144.00. BoJ Governor Ueda to address “New Challenges for Monetary Policy” conference on Tuesday, with…
USD/CHF remains under selling pressure near 0.8200 in Monday’s early European session, losing 0.10% on the day. US fiscal concerns exert some selling pressure on…