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GBP/USD Daily Outlook
Daily Pivots: (S1) 1.2838; (P) 1.2890; (R1) 1.2975;
Intraday bias in GBP/USD remains neutral with focus on 1.3007 resistance. Firm break there will argue that decline from 1.3482 is merely a corrective move, and turn bias back to the upside for retesting 1.3482. On the downside, sustained break of 3
AUD/JPY peeps above 76.00 on easing of US-China tensions
AUD/JPY jumps 20 pips on US-China trade optimism.
The two sides remain committed to ensure the success of phase one trade deal.
The bid tone around the Aussie dollar, a China-sensitive high beta currency, strengthened, pushing AUD/JPY above 76.00 after the US officials informed markets about the
Elliott Wave View: Tesla (TSLA) ended correction [Viedo]
Tesla (TSLA) 30 minutes chart below shows that the stock has ended the correction from July 13 peak. The decline unfolded as azig-zag Elliott Wave Structure. From July 13 high, wave A ended at 1450 low. The bounce in wave B ended at 1716.47 high. The stock then extended lower in wave C, which ended
Dax | Deutsche boerse | Technische analyse
DAX Deutsche Boerse Technische Analyse Plus; FTSE 100 Elliott Wave Analysis DAX 30 Index Technical Analysis: Bullish Impulse pattern DAX 30 Elliott Wave: Wave v of (v) of c) of B or 3
Trading Levels: 13,000 Major Level as Support
DAX30 Trading Strategy: Long Trades in play
Asia Market: What’s the alternative to the US dollar?
What is the alternative to the dollar?
That's one of the most-asked questions in the markets these days, with the US at the epicenter of the Covid crisis – following a string of days with record numbers of cases recorded – and states representing 40% of the population reversing the unlock and going
Gold Price Analysis: Well-defined battle lines point to range play around $1800 – Confluence Detector
Gold nurses losses around the $1800 following Thursday’s good two-way businesses. The risk-off theme amid coronavirus concerns continues to bode well for the US dollar. Therefore, let's take a look at how the yellow metal is positioned from a technical perspective.
The Technical Confluences Indica
EUR/GBP – Looking weak at key support
Price action context
On the 29th, the pair hit the lower part of a multi-year resistance zone (0.9125 – 0.9325) and got heavily rejected, selling off 150+ pips in only 2 days, bringing price back to a short-term key support. The last 3 times price touched this area, the bullish reaction to it was st
GBP/USD Price Analysis: Immediate falling channel keeps sellers hopeful around 1.2300
GBP/USD keeps recovery gains from 1.2252, the lowest in a month.
RSI pullback favors further short-covering moves inside the bearish pattern.
200-HMA, June 24 top could challenge the bulls, the bears keep May month’s low on the table.
GBP/USD takes rounds to 1.2305 during the early Asian session on
XAU/USD – Gold price trend this week
XAU/USD, Daily
On Friday, the US stock markets opened in negative territory and deteriorated into the market close at an average of more than 2.5%. This was followed by the 10-year US Treasury yields that fell below 0.65%, resulting in the gold price bouncing back up to stand above $1770. USOil clo
Pull-up Update