The US Dollar Index softens around 100.35 in Wednesday’s early European session. The negative outlook of the index prevails below the key 100-day EMA, with the bearish...
Silver consolidates near a multi-month peak touched earlier this Wednesday. The technical setup favors bulls and supports prospects for additional gains. Any corrective slide could be...
Silver jumps over 4%, hitting a four-month peak of $32.26. Bullish technical stance as RSI indicates continued upside potential for XAG/USD. Potential breakout above $32.26 could...
The NZD/USD pair has risen sharply to trade at 0.6340, a 1% rise, suggesting strong buying pressure. The RSI and MACD indicators are both sharply rising,...
Gold hits a new ATH of $2,664 amid declining US Consumer Confidence and weakening US Dollar, XAU/USD trades at $2,651. Fed Governor Michelle Bowman signals a...
Mexican Peso strengthens after US Consumer Confidence deteriorated. Mexico’s inflation fell below estimates in September, with core inflation easing under 5%, boosting expectations for a 25...
EUR/GBP consolidates Monday’s sharp downward movements. The RSI suggests oversold conditions but the MACD signals a stabilizing selling pressure. The pair might side-ways trade in the...
The Mexican Peso trades steadily after the release of Mexican inflation data. Banxico will hold its meeting on Thursday; a 25 bps rate cut is expected. USD/MXN...
The US Dollar (USD) is expected to trade between 143.00 and 144.20. In the longer run, sharp advance reinforces view that USD could recover further to...
The Australian Dollar (AUD) is likely to trade sideways, probably in a range of 0.6800/0.6855. In the longer run, there is still room for AUD to...
ASX: BRAMBLES LIMITED – BXB Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart). Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with BRAMBLES...
EUR/GBP extended its downtrend on Monday, declining by 0.50% to 0.8335. The breach below 0.8350 marked a low since April 2022. The RSI has entered the...
Mexican Peso declines for fourth day as USD/MXN recovers from daily low of 19.29. Mexico’s Economic Activity expanded in July, but Retail Sales contracted for the...
GBP/USD Price Forecast: Hits yearly high above 1.3350 amid soft US-UK data The Pound Sterling soars to new 2024 record high of 1.3355 versus the Greenback on...
Further softness German data series could further undermine the outlook for the EUR. EUR/USD may suffer from dips to 1.10 in the weeks ahead, Rabobank’s FX...
GBP/USD climbs as Flash PMIs from both UK and US indicate economic deceleration. The pair’s uptrend tests the top of an ascending channel, nearing key resistance...
Silver breaks tentatively above the trendline, however, it is pulling back on Monday. It is broadly in a short-term uptrend which could extend higher. Silver (XAG/USD)...
The US Dollar (USD) is firmer overall on the session but has nudged off its earlier highs against its major currency peers, Scotiabank’s Chief FX Strategist...
EUR/JPY finds a floor after its steep sell-off. The pair forms a Dragonfly Doji and recovers – a bullish close on Friday would add confidence to...
Stocks fluctuated on Thursday in a big way, with the daily trading range of the S&P 500 index exceeding 100 points. It closed 0.51% lower, indicating...