The Canadian Dollar (USD) is a little firmer on the session but it is lagging its commodity peers (AUD, NZD) and the spot market is still...
Australian Dollar (AUD) is under mild downward pressure vs US Dollar (USD); it could edge lower but is unlikely to break below 0.6305 (there is another...
Momentum indicators are turning flat; Pound Sterling (GBP) is expected to trade in a sideways range of 1.2550/1.2615 vs US Dollar (USD). In the longer run,...
CAC 40 (France) Elliott Wave Analysis – Trading Lounge Day Chart. CAC 40 (France) Elliott Wave technical analysis Function: Counter Trend. Mode: Impulsive. Structure: Orange Wave 1. Position: Navy Blue Wave C....
RIO Elliott Wave technical analysis Our latest Elliott Wave analysis focuses on RIO TINTO LIMITED (RIO) on the Australian Stock Exchange (ASX). We identify bullish potential in ASX:RIO shares, with the...
Gold hits new all-time high as Trump’s tariff threats fuel trade war fears. Fed minutes reveal concerns over inflation risks, weighing on rate-cut expectations. Traders eye...
Mexican Peso slumps 0.94% as risk sentiment turns bearish on trade fears. US President Trump targets autos, pharma and computer chips with 25% tariffs. US Dollar...
Loonie weakens amid Trump tariff fears, BoC rate-cut uncertainty USD/CAD stays firm above 1.4200 as risk aversion lifts US Dollar. Canada’s rising inflation may delay BoC...
EUR/USD declines to 1.0430 on Wednesday, marking its third consecutive daily loss. The pair has already shed more than 0.50% over the course of the week. RSI...
GBP/USD falls 0.21% as Trump’s tariff threats fuel safe-haven demand. UK CPI jumps to 3%, exceeding forecasts, but BoE’s easing path remains intact. FOMC minutes in...
The Reserve Bank of New Zealand (RBNZ) cut rates by 50bp to 3.75%, in line with our call and the broader market consensus. The New Zealand...
Silver turns positive for the third straight day and climbs to a fresh weekly high. The technical setup favors bulls and supports prospects for further appreciation....
USD/CAD trades within a falling wedge pattern, a bullish formation that indicates a potential breakout to the upside. The pair could find immediate support around the...
GBP/USD dips 0.16% to 1.2605 on Tuesday after reaching its highest level since mid-January. RSI declines to 62, indicating a slowdown in bullish momentum, while MACD...
NZD/USD declines to 0.5700 on Tuesday after hitting its highest level since late January last week. Bulls remain in control as long as the pair holds...
EUR/USD slips to 1.0450 on Tuesday, cooling off after last week’s strong rally. RSI declines sharply to 55, signaling waning bullish momentum while MACD remains flat...
So far, February has been a choppy period for USD/JPY. Having rallied since the start of the year, the Japanese Yen (JPY) succumbed to profit taking...
Germany’s February ZEW Investor Survey reflected a stronger than expected rise in the Expectations index (26, versus 20 expected and 19.3 in January), Scotiabank’s Chief FX...
US Dollar (USD) is likely to trade in a range between 7.2500 and 7.2780 vs the Chinese Yuan (CNH). In the longer run, increase in momentum...
USD/CAD gathers strength to around 1.4205 in Tuesday’s early European session. The pair keeps the negative view below the 100-period EMA with the bearish RSI indicator. ...