USD/JPY has resumed its short-term uptrend after a pullback. The pair could rise up to match the July 3 high at 161.95. USD/JPY has continued recovering...
Third Plenum meeting is going to happen next week. The discussion around reviving the property market and consumer sentiment will be its main topic, Societe Generale...
AUD/NZD eyes a move beyond 1.1100 and could inch higher towards next projections of 1.1175 and 1.1250, Societe Generale FX strategists note. A sustained break above 1.1100...
The Euro (EUR) is expected to continue to trade in a range, probably between 1.0800 and 1.0840. Risk of EUR breaking above 1.0850 has increased, albeit...
EUR/USD drifts higher to 1.0818 on Wednesday. The constructive outlook remains intact above the 100-EMA, with a bullish RSI, The first upside barrier is seen at...
GBP/USD remains below 1.2800 ahead of second testimony by Fed’s Powell GBP/USD remains tepid for the second consecutive day, trading around 1.2780 during the Asian session...
Gold prices rise above $2,360 after Powell’s Senate testimony indicates a cautious approach to rate cuts. US 10-year Treasury yield edges up to 4.296%, while DXY...
GBP/USD Price Analysis: Slips below 1.2800 as ‘evening star’ formation looms The GBP/USD falls during the North American session as Federal Reserve Chairman Jerome Powell appears at the US Senate...
Silver is consolidating within the third and final up leg of a price pattern. The price will probably continue up to a target in the upper...
Gold trades flat after pulling back on Monday following the news the PBoC has stopped purchasing Gold for the second month in a row. The PBoC is one...
AAPL Elliott Wave Analysis Trading Lounge Daily Chart, Apple Inc., (AAPL) Daily Chart. AAPL Elliott Wave technical analysis Function: Trend. Mode: Impulsive. Structure: Motive. Position: Wave 3. Direction: Upside in wave 3. Details: Looking for wave...
USD/CAD trades on a weaker note near 1.3635 in Tuesday’s early European session. The pair maintains a negative stance below the 100-period EMA, with the bearish...
Short term Elliott Wave view in S&P 500 (SPX) suggests that cycle from 4.20.2024 low is in progress as a 5 waves impulse. Up from 4.20.2024...
Gold stumbles after peaking at $2,391 amid revived risk appetite. Mixed US jobs data fuel speculation of an imminent Federal Reserve rate cut. China’s PBoC halts...
Intel stock rose some 5% on Monday as Lunar Lake chip gets noticed. Clearbridge Large Cap Value Strategy fund promotes Intel investment. Melius Research predicts return...
GBP/USD Price Analysis: Climbs to 4-week high, buyers target 1.2900 The Pound Sterling begins the week on a higher note and posted gains of more than...
Gold weakens as fears Trump could win the next presidency weigh on bond markets. A fear of increased inflation under a Trump presidency with the consequent...
A hung parliament was widely expected in France, but the surprise win by the left-wing coalition may cause market concern ahead of coalition talks. Still, Macron’s party coming...
The dollar is modestly stronger out of the weekend as a surprise win of the left-wing alliance in the French second-round legislative elections sent European currencies...
The Mexican Peso rises in its most-traded pairs as political risk impacts counterparts. The Greenback strengthens as a result of a higher probability of Trump winning...