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GBP/USD retreats to the 1.2300 area after posting small losses on Wednesday. The technical picture points to a diminishing buyer interest in the near term. The US economic calendar will feature weekly Initial Jobless Claims data. GBP/USD climbed to a two-week-high near 1.2380 in the European session

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In this technical article we’re going to take a quick look at the Elliott Wave charts of Dollar Index (DXY) published in members area of the website. As our members are aware, the DXY is currently showing impulsive bullish sequences in the cycle from the September low. As a result, we are leaning to

USDJPY slips toward key support region of 156.65. Technical signs reflect falling buying appetite. US CPI inflation figures due for release at 13:30 GMT. USDJPY is feeling the heat again after its soft upturn on Tuesday couldn’t surpass the 158.00 level, and with the US CPI inflation figures coming

Silver climbs 0.80% to $30.35, outstripping concerns over U.S. inflation, Fed scrutiny. Technical hurdle at 50-day SMA of $30.42; breach could push silver to $30.80. Downside risks if silver drops below $30.00, key support at 200-day SMA, lows near $28.78. Silver Price rises for the seven straight d