Last week we revised up our EUR/USD forecasts significantly mostly on the back of the will of the German coalition-in-waiting to change the country’s debt brake...
S&P 500 recently broke below the lower limit of its range since December confirming a short-term downtrend. It has also crossed below the 200-DMA first time...
Euro (EUR) is likely to trade sideways between 1.0800 and 1.0880 vs US Dollar (USD). In the longer run, EUR must push higher soon, or the...
ASX: FISHER & PAYKEL HEALTHCARE CORPORATION LIMITED (FPH) Elliott Wave Technical Analysis – TradingLounge (1D Chart). Greetings! Our Elliott Wave analysis today focuses on FISHER & PAYKEL...
EUR/USD moves below an ascending channel pattern, suggesting a bearish momentum shift. The 14-day RSI holding above the 70 mark signals a potential downward correction. The...
Silver attracts some dip-buying on Tuesday and snaps a three-day losing streak. The mixed oscillators on the daily chart warrant some caution for bullish traders. Weakness...
Mexican Peso snaps four-day winning streak as risk sentiment sours. Dismal Mexican Consumer Confidence adds pressure to the Peso as outlook worsens for next year. US...
EUR/USD was seen trading near the 1.0830 area after the European session, posting mild gains on Monday. Following a strong rally of over 4% last week,...
GBP/USD holds above 1.2900 as traders brace of US CPI data The Pound Sterling consolidates within familiar levels against the US Dollar amid a scarce economic...
DJI Elliott Wave technical analysis Function: Counter-Trend. Mode: Corrective. Structure: Navy Blue Wave 4. Position: Gray Wave 1. Next Higher Degree Direction: Navy Blue Wave 5. Details: Navy Blue Wave 3 appears...
FX markets are starting to settle down after a momentous week. While events in Europe were really the dominant factor, we would not have seen such...
Tesla, NVIDIA, and Apple under pressure as volatility rises Stock market recap: Volatility dominates Wall Street for the third consecutive week The US stock market has...
US Nonfarm Payrolls show steady job growth, but Fed remains in no rush to cut rates. Powell reiterates that inflation path will be “bumpy,” keeping policy...
The CAD is a moderate underperformer on the session, easing slightly alongside its commodity peers amid fragile risk appetite, Scotiabank’s Chief FX Strategist Shaun Osborne notes. ...
The Euro (EUR) is ending the week with another, solid daily gain on the US Dollar (USD). This is the EUR’s best weekly performance since 2009,...
The proposal from Germany’s expected coalition partners that they plan to relax the country’s debt rules to boost defence spending and support infrastructure has been billed...
EUR/USD holds gains after the European session, trading near the 1.0870 area and marking fresh highs since November 2024. The 20 and 100-day moving averages are nearing...
USD/MXN retreats as US trade policies overshadow economic data. Mexico’s inflation beats forecasts, but Banxico still expected to cut rates on March 27. USMCA four-week exemptions...
USD/MXN retreats as US trade policies overshadow economic data. Mexico’s inflation beats forecasts, but Banxico still expected to cut rates on March 27. USMCA four-week exemptions...
Pound Sterling (GBP) is a little stronger on the session but, again, trends largely reflect the broader tone of the USD rather than any GBP-specific developments,...