Most likely, a pullback may follow from the resistance and form a range in the form of an ascending triangle (pre-breakdown consolidation). Weakening dollar allows the currency pair to get stronger. The AUDUSD is not ready to fall at the moment, as it is showing quite positive dynamics. Strong suppo

GBPAUD is currently testing the structure resistance level at 1.86500. Price has dropped from this level before. Look left. Price action printed a bearish harmonic pattern, adding move confluence to this level. We expect a structure based trade, meaning a rejection candle as entry signal.

After USDSGD has escaped the ascending channel and the head and shoulders pattern, it is now touching an ascending trend line starting back from Sept 21 and touched again on Feb 22, also touching a 23.6 fib level, currently looking to retest the previous support (neckline) and a 61.8 fib, which is n

Hi there, the GU is currently at the key level area and lingering. The inside bars have formed and have been followed by a fakey pin bar in the H4 timeframe while we have an indecision candle, a Doji in the daily timeframe . The bears are in control of this market and there is no room for buying thi

Recently, TITAN CAPITAL MARKETS introduced its "Titan Ecosystem", which will bridge the market gap between academia and forex trading. Foreign Exchange is the largest financial market in the world. According to Bank for International Settlements (BIS), the daily volume of the international foreign e

Russia’s invasion of Ukraine will shave around one percentage point off of global economic growth this year, reveals Organisation for Economic Cooperation and Development (OECD) said in a recently published report. Disruption to flows of Russian and Ukrainian commodities as a result of the conflict

#WTICOUSD# Recount of Wave counts, since current candlestick as enter territory of previously counted Wave i of Wave C, current correction of bull is on going to fulfill wave 4 before the final leg down for deflation economy.

Producer prices in Japan were down 0.2 percent on month in September, the Bank of Japan said on Monday - missing expectations for a flat reading following the downwardly revised 0.1 percent increase in August (originally 0.2 percent). On a yearly basis, producer prices sank 0.8 percent - again shy o

Daily Pivots: (S1) 122.96; (P) 123.49; (R1) 123.95; EUR/JPY’s rebound from 122.37 resumes today and hits as high as 124.59 so far. The development argues that correction from 127.07 has completed, as supported by 38.2% retracement of 114.42 to 127.07 at 122.23. Intraday bias is back on the upside fo

RBA will likely use the opportunity of the upcoming meeting to prepare the market for more monetary easing in November. The stimulus measures due later this week should include reduction in the cash rate, yield curve control (YCC) target and Term Funding Facility (TFF) rate to 0.1%, from the current