The daily chart reveals an overall positive trend but indicators took a big hit on Friday. The hourly RSI hints…
GBP/USD remains on the defensive near 1.2726 amid the stronger USD and risk-off mood. Fed is likely to maintain its…
GBP/USD extended its slide after breaking below 1.2800 on Thursday. 1.2750 aligns as immediate resistance for the pair. An improving…
AUD/JPY edges lower to 97.35 in Friday’s Asian session. Australian central bank is expected to maintain its key interest rate…
EUR/JPY loses momentum around 163.22 following the rise in Japanese CPI inflation data. The Tokyo CPI climbed 2.6% YoY in…
GBP/USD came under pressure and declined below 1.2650. The technical outlook points to a buildup of bearish momentum. The USD…
EUR/USD reversed its direction after climbing toward 1.0900 on Thursday and closed the day virtually unchanged below 1.0850.
Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of BABA Stock…