US Nonfarm Payrolls rise to 151K, but unemployment ticks up to 4.1%. Markets price in three Fed rate cuts in 2025 amid economic uncertainty. UK traders...
Room for US Dollar (USD) to retest the 147.30 low vs Japanese Yen (USD); the next support at 147.00 is unlikely to come under threat. In...
NZD/USD may aim for initial resistance at the three-month high of 0.5794, reached on January 24. The 14-day Relative Strength Index remains above 50, reinforcing the...
AUD/JPY tests the psychological support level at 93.00. The 14-day RSI remains above the 30 mark, reinforcing the prevailing bearish bias. The pair could test the primary...
GBP/USD steadies around 1.2900 as traders adopt caution ahead of US Nonfarm Payrolls GBP/USD holds little gains after registering losses in the previous session, trading around...
Alibaba (BABA) started a 5 waves rally from Jan 22, 2024 low. Up from there, wave (1) ended at 116.57 and wave (2) pullback ended at 80.06....
EUR/USD advanced after the European session, trading above the 200-day SMA near the 1.0830 region as bullish momentum continued. The pair has gained nearly 5% this...
Trump delays reciprocal tariffs on Mexico until April 2 after talks with Sheinbaum. USD/MXN briefly falls as tariff relief boosts MXN before rebounding above 20.30. Traders...
GBP/USD rally stalls near 1.2900 as trade war fears weigh on traders The rally in the Pound Sterling stalled after sustaining three straight days of gains....
Australian Dollar (AUD) is expected to continue to strengthen vs US Dollar (USD), but it does seem to have enough momentum to reach 0.6410 for now....
EUR bulls continued to catch markets offguard, rising by over 400pips in 4 days this week. A rare display of responsiveness and concerted willingness of European...
Today’s Elliott Wave analysis covers the Australian Stock Exchange (ASX) stock NEWMONT CORPORATION (NEM). A corrective wave is currently forming and entering its final phase, potentially opening a bullish...
GBP/USD surges as weak US data fuels Fed rate-cut bets The Pound Sterling (GBP) extended its gains versus the US Dollar (USD) on Wednesday, as market...
EUR/USD extended its rally after the European session, trading near fresh multi-month highs above key moving averages. The pair has surged more than 3.70% in the...
NPC set targets for growth at 5%, inflation 2%, official budget deficit 4% of GDP, largely as we expected. We expect the announced fiscal stimulus to...
Outlook is unclear; US Dollar (USD) could trade between 148.80 and 150.70 vs Japanese Yen (JPY). In the longer run, failure to hold below 148.50 suggests...
USD/JPY could aim for initial support at the five-month low of 148.10. The pair continues to decline within a descending channel, reinforcing a confirmed bearish bias....
GBP/USD holds positive ground near 1.2800, Bailey’s testimony in focus The GBP/USD pair trades with mild gains to near 1.2790 during the early European trading hours...
GBP/USD holds gains amid soft US Dollar on tariff fallout The Pound Sterling (GBP) clings to early gains, extending its advance to two days versus the...
The Mexican Peso plunges 1.79% as trade tensions escalate, nearing the 21.00 mark Trump enacts 25% tariffs on Mexico, citing fentanyl and immigration concerns. President Sheinbaum...