In this technical article we’re going to take a quick look at the Elliott Wave charts of Tesla Stock ( $TSLA ) . As our members know, the stock is tra Read full article
The USD/CHF pair gains positive traction for the second successive day on Monday and maintains its bid tone heading into the North American session. T Read full article
GBP/USD has extended its decline to test 1.2400 in the European morning on Monday. Sellers could move to the sidelines and allow the pair to stage a r Read full article
Cisco Systems, Inc., commonly known as Cisco (CSCO), is an American-based multinational digital communications technology conglomerate corporation hea Read full article
Chevron Corporation (ticker: CVX), commonly known as Chevron, is one of the world’s largest multinational energy corporations. The company operates in Read full article
DXY’s rebound picks up pace and tests 2-day highs past the 104.00 hurdle on Monday. Considering the current price action, further advances could initi Read full article
The GBP/USD pair has slipped sharply below the round-level support of 1.2400 in the European session. The Cable is facing immense selling pressure as Read full article
EUR/JPY climbs further and reclaims the area beyond the key 150.00 barrier at the beginning of the week. Further recovery appears a plausible near-ter Read full article
The EUR/JPY pair is struggling in defending the auction above the psychological support of 150.00 in the European session. The cross is expected to re Read full article
Gold price edges lower for the second successive day on Monday and remains depressed through the first half of the European session. The XAU/USD is cu Read full article
The US Dollar (USD) holds its ground to start the new week. The US Dollar Index (DXY), which tracks the USD's valuation against a basket of six major Read full article
The AUD/USD has refreshed its day’s low at 0.6587 in the London session. The Aussie asset has witnessed immense selling pressure despite the street ho Read full article
In a CNBC interview on Monday, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said that "we don't yet see a significant slow Read full article
The USD/JPY pair builds on Friday's strong intraday positive move and gains some follow-through traction for the second successive day on Monday. The Read full article
The Eurozone Sentix Investor Confidence index keeps falling, arriving at -17.1 in June from -13.1 booked in May vs. -9.2 expected. more to come ... Read full article
The USD/CAD pair attracts some buying near the 200-day Exponential Moving Average (EMA) on Monday and sticks to its modest intraday gains through the Read full article
According to the latest Reuters report, bets against the Japanese Yen have risen to $8.6 billion equivalent. That was a similar level when Japan’s aut Read full article
The single currency extends the corrective decline vs. the greenback and forces EUR/USD to break below the key support at 1.0700 the figure at the beg Read full article
Silver extends Friday's rejection slide from the $24.00 mark, or the 38.2% Fibonacci retracement level of the downfall witnessed in May and drifts low Read full article
West Texas Intermediate (WTI), futures on NYMEX, rebounded firmly after defending the downside near $72.22 in Asia. The oil price has extended its rec Read full article
Natural Gas Price (XNG/USD) picks up bids to refresh intraday high, extending the previous day’s rebound as the market’s hopes of economic recovery ga Read full article
EUR/GBP picks up bids to stretch the previous week’s recovery from the lowest levels in 2023 heading into Monday’s European session. In doing so, the Read full article
The NZD/USD pair has delivered a decent recovery move after sensing buying interest near 0.6050 in the early European session. The recovery move in th Read full article
The GBP/USD pair kicks off the new week on a weaker note and retreats further from its highest level since May 16, around the 1.2540-1.2545 region tou Read full article
Here is what you need to know on Monday, June 5: The US Dollar holds its ground against its major rivals at the beginning of the new week with the US Read full article
The USD/CHF pair has refreshed its intraday high at 0.9120 in the European session. The Swiss Franc asset has been infused with an adrenaline rush ami Read full article
FX option expiries for June 5 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.0675 951m 1.0690 649m 1.0700 359m 1 Read full article
The USD/IDR pair traded volatile after softening of Indonesian inflation in the Asian session. The asset displayed a wild gyration in an attempt to ca Read full article
Considering advanced prints from CME Group for crude oil futures markets, open interest rose for the fourth session in a row on Friday, this time by a Read full article
CME Group’s flash data for natural gas futures markets noted traders scaled back their open interest positions by around 2.6K contracts on Friday, rev Read full article
AUD/USD picks up bids to pare intraday losses around 0.6700 as it struggles to cheer upbeat catalysts at home amid early Monday in Europe. In doing so Read full article
Gold price (XAU/USD) has found an intermediate support of around $1,943.00 in the early European session. The downside in the precious metal has inter Read full article
The greenback, in terms of the USD Index (DXY), starts the new trading week in a positive fashion beyond the 104.00 hurdle on Monday. USD Index looks Read full article
EUR/USD retreats to 1.0695 as it drops for the second consecutive day heading into Monday’s European session, sticking to minor losses of late. In doi Read full article
Open interest in gold futures markets extended the decline in place since May 16 and shrank by around 7.2K contracts on Friday according to preliminar Read full article
The USD/JPY pair has shifted its auction comfortably above the crucial resistance of 140.00 in the Asian session. The major is expected to extend its Read full article
USD/CAD recovers from the key Exponential Moving Average (EMA) while snapping a three-day downtrend near 1.3440 heading into Monday’s European session Read full article
Lee Sue Ann, Economist at UOB Group, comments on the upcoming interest rate decision by the RBA. Key Quotes Latest wages and employment data reinforce Read full article
USD/INR extends recovery from 50-day EMA to around 82.50 heading into Monday’s European session. In doing so, the Indian Rupee (INR) pair cheers the U Read full article
GBP/USD remains pressured toward 1.2400 while extending the previous day’s U-turn from a three-week high heading into Monday’s London open, mildly off Read full article
Silver Price (XAG/USD) stays depressed around the intraday low of $23.50 heading into Monday’s European session. In doing so, the bright metal prods b Read full article
GBP/USD remains pressured toward 1.2400 while extending the previous day’s U-turn from a three-week high heading into Monday’s London open, mildly off Read full article
USD/CHF picks up bids to 0.9105 as it clings to mild gains around 0.9100 during early Monday morning in Europe. In doing so, the Swiss Franc (CHF) pai Read full article
USD/CAD aptly portrays the Loonie traders’ anxiety above 1.3400, up 0.05% intraday near 1.3435 at the latest, as the key week comprising the Bank of C Read full article
China's Services Purchasing Managers' Index (PMI) rose to 57.1 in May as against the 56.4 reading booked in April, the latest data published by Caixin Read full article
Gold Price (XAU/USD) stays on the bear’s radar for the second consecutive day as the precious metal renews intraday low near $1,945, extending the pos Read full article
AUD/USD pares intraday losses around 0.6600 after China’s private activity gauge flashes upbeat signals during early Monday. Adding strength to the Au Read full article
EUR/USD remains pressured around the intraday low, making rounds to 1.0700 of late, as a short-term key support confluence challenges the Euro sellers Read full article
AUD/USD licks its wounds around the intraday low of 0.6595 while printing the first daily loss in three amid Monday’s mid-Asian session. In doing so, Read full article
USD/JPY clings to mild gains around 140.20 as it cheers upbeat Treasury bond yields, as well as the firmer US Dollar to propel the USD/JPY prices. Add Read full article
People’s Bank of China (PBOC) set the USD/CNY central rate at 7.0904 on Monday, versus previous fix of 7.0939 and market expectations of 7.0918. It's Read full article
WTI crude oil pares intraday gains around $73.20, after the week started with a gap towards the north, as headlines suggesting challenges to the Oil o Read full article
GBP/USD remains on the back foot around 1.2430 as it stretches the post-NFP reversal from a three-week high during the early hours of Monday’s Asian s Read full article
US Dollar Index (DXY) holds onto the previous day’s recovery moves amid a sluggish start to the week. That said, the DXY renews its intraday high near Read full article
NZD/USD fades bounce off the lowest levels in seven months, keeping the previous day’s retreat, as it holds lower grounds near 0.6060 amid early Monda Read full article
EUR/USD stays on the back foot around 1.0700, after a four-week downward trajectory, as markets brace for the key US data while keeping the post-NFP m Read full article
Gold Price (XAU/USD) bears the burden of fresh hawkish Federal Reserve (Fed) calls, especially after the strong United States Nonfarm Payrolls (NFP), Read full article
AUD/USD is seeing a negative start to the Reserve Bank of Australia (RBA) decision week, as investors digest the latest concerning developments betwee Read full article
Following the conclusion of its June 4 Ministerial meeting, OPEC and its allies (OPEC+) announced in a statement that they have reached a deal, agreei Read full article
Saudi Arabia’s Energy Minister, Prince Abdulaziz bin Salman, said on Sunday, “Saudi Arabia to make extra 1 mln b/d output cut from July.” Additional c Read full article
