Key Highlights Gold started a fresh decline below the $4,400 support. A major bearish trend…
analysis
USDJPY Steadies Above 160 on Looming Intervention
USDJPY remains firm and holds above 160 level for the third consecutive day, despite repeated…
Platinum Wave Analysis – ActionForex
Platinum: ⬇️ Sell – Platinum broke key support level 1835.00 – Likely to fall to support…
EURAUD Wave Analysis – ActionForex
EURAUD: ⬆️ Buy – EURAUD broke resistance zone – Likely to rise to resistance level…
Sunset Market Commentary – ActionForex
Markets Markets today experienced some kind of an ‘interim session’ with few high profile data…
US: Small Business Optimism Eases in May as Price Pressures Trek Higher
The NFIB’s Small Business Optimism Index fell 0.6 points to 95.3 in May, disappointing market…
Canada’s Trade Surplus Widened in April
Canada’s trade balance moved into a $2.7 billion surplus in April, widening from $1.8 billion…
Gold: Has It Bottomed Out at $4,300?
Gold is trying to find a bottom, bracing for the US CPI release. China continues…
Crypto Market Rebounds from Its Worst Oversold Conditions Since 2020
Market Overview The crypto market capitalisation has risen by 1.3% over the past 24 hours…
Chart Alert: SPX 500 Weak Market Breadth and Fed Rate Hike Fears Signal Further Downside Risk
Key Takeaways The S&P 500 faces growing downside risks amid deteriorating market breadth. Despite a…
Dollar Gains Fresh Momentum: Market Assesses the Impact of the NFP Report
The US dollar strengthened against its major counterparts after the release of a robust US…
GBP/USD Remains Under Pressure Despite Attempts to Recover
GBP/USD attempted to move closer to 1.3350 on Tuesday but remained under pressure. The US…
Sunrise Market Commentary – ActionForex
Markets After the ‘positive shock’ of strong US payrolls on Friday, geopolitics in early post-weekend…
Risk Appetite Rebounds
In focus today Markets continue to balance resilient US economic data against ongoing geopolitical uncertainty…
Dip Buyers Spark Tech Rebound on Weak Market Breadth
Key Takeaways Technology stocks staged a strong rebound, led by semiconductor shares such as Intel…
GBP/USD Struggles To Recover As Losses Continue To Linger
Key Highlights GBP/USD started a major decline below 1.3450 and 1.3420. It traded below a…
Bitcoin Wave Analysis – ActionForex
Bitcoin: ⬆️ Buy Bitcoin reversed from powerful support level 60000.00 Likely to rise to resistance…
BRENT OIL – Daily Cloud Base Came Under Increased Pressure Again After Short-Lived Recovery Attempts
Brent oil price jumped on Monday morning following an escalation in the Middle East (Israel…
Bank of England Preview – On Hold Amid Growing Policy Divide
We expect the Bank of England on hold, but hawkish voices are growing louder. Data…
Sunset Market Commentary – ActionForex
Markets The Iran headline roulette has been doing overtime the past days. Over the weekend,…
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