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Technical Analysis – GBPUSD pulls back into the negative zone
abril 16, 2024

XM ResearchBearishApr 16, 2024 at 8:16 am GMT- Christina ParthenidouGBPUSD inches down to a new five-month lowAn extension below 1.2400 could generate fresh selling interest  GBPUSD tried to breach the psychological barrier at 1.2500 and re...

Technical Analysis – EURUSD plummets after US CPI and ECB decision
abril 16, 2024

XM ResearchBearishApr 12, 2024 at 9:26 am GMT- Melina DeltasAs US CPI comes hotter than expected EURUSD tumblesAfter ECB interest rate decision EURUSD continues the fallWhere is the next stop for the pair?How did EURUSD reacted after the US CPI relea...

Technical Analysis – Gold in a wait-and-see mode
abril 16, 2024

XM ResearchNeutralApr 15, 2024 at 8:26 am GMT- Christina ParthenidouGold opens near Friday’s closing price as safe-haven demand stabilizesBulls wait for a break above 2,430; Bears anticipate a drop below 2,325 It was a harsh weekend, as Iran�...

Weekly Technical Outlook – GBPUSD, USDJPY, AUDUSD
abril 16, 2024

XM ResearchApr 15, 2024 at 8:26 am GMT- Melina DeltasWill UK CPI data drive cable even lower?USDJPY still skyrockets ahead of Japanese CPIChina GDP may help AUDUSD exit from trading rangeUK CPI data --> GBPUSDInflation in the United Kingdom d...

Technical Analysis – US 500 reverses towards 123.6% Fibonacci
abril 16, 2024

XM ResearchNeutralApr 15, 2024 at 9:53 am GMT- Stefanos OikonomidisUS 500 cash index experiences a minor pullackMeets support at 123.6% Fibo extension of its 2022 downtrendOscillators exit overbought zones, but do not weaken dramaticallyThe US 5...

Technical Analysis – EURGBP’s double bottom still waits for confirmation
abril 16, 2024

XM ResearchNeutralApr 11, 2024 at 11:20 am GMT- Christina ParthenidouEURGBP faces difficulty in completing a double bottom pattern above 0.8579Technical indicators reflect a lack of bullish momentum ECB rate decision could generate fresh volatility a...

Technical Analysis – ETHUSD finds support at 50-day SMA
abril 16, 2024

XM ResearchNeutralApr 11, 2024 at 1:42 pm GMT- Stefanos OikonomidisETHUSD slides after recording 1-month peakBut the 50-day SMA curbs its retreatMomentum indicators ease in positive zonesETHUSD (Ethereum) experienced a strong pullback from its 2024...

Technical Analysis – USDCAD reaches new 2024 high; could this move continue?
abril 16, 2024

XM ResearchNeutralApr 12, 2024 at 7:09 am GMT- Achilleas GeorgolopoulosUSDCAD trades higher again, tests strong resistance levelIt is the bulls' first attempt to break above the current trend channelMomentum indicators are mixed with a possible beari...

Technical Analysis – GBPUSD outlook worsens after rapid fall
abril 16, 2024

XM ResearchBearishApr 12, 2024 at 8:20 am GMT- Christina ParthenidouGBPUSD prints new low for this yearBearish continuation is likely below 1.2480-1.2500 GBPUSD suffered a freefall in the face of hotter-than-expected US CPI inflation data on Tue...

Technical Analysis – Citigroup stock pulls back ahead of earnings
abril 16, 2024

XM ResearchBearishApr 10, 2024 at 1:29 pm GMT- Stefanos OikonomidisCitigroup shares post 25-month high in 2024But experience a setback ahead of Q4 earnings on FridayShort-term oscillators soften in overbought territoriesCitigroup’s stock has been ...

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