ASX: WISETECH GLOBAL LIMITED – WTC Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart). Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with ASX...
With dovish signals from the European Central Bank’s (ECB) major European counterparts (the Bank of England and Swiss National Bank) and investors’ nerves still quite jittery on...
Thursday’s Bank of England (BoE) statement and minutes suggested officials are getting closer to cutting interest rates, ING’s FX Strategist Francesco Pesole notes. August cut is...
USD/JPY rises to 159.59, nearing the pivotal 160.00 mark, propelled by robust US PMI data. Key resistance at 160.00 and YTD high of 160.32; potential for...
The cross continued its upward journey, reaching new cycle highs above 97.50, levels not seen since July 2007. The daily chart shows intense bullish sentiment, with...
Silver declines 3.86% sparked by firm US Treasury yields and a strong US Dollar. Technical outlook shows a bearish engulfing pattern with RSI turning bearish, indicating...
Kiwi tallies a three-day losing streak, end the week on a negative note with the pair stabilizing at 0.6115. NZD/USD outlook continues to skew bearish as bulls...
Gold reverses gains after hitting daily high of $2,368, down more than 1.70%. Strong US S&P Global PMI data boosts the US Dollar, with the DXY...
Thursday’s trading session brought more volatility for the stock market, with the S&P 500 index reaching a new record high of 5,505.53 but closing 0.25% lower....
The Mexican Peso finds support after investors welcome incoming-President Sheinbaum’s cabinet picks. Marcelo Luis Ebrard Casaubón will take the Economy portfolio. High interest rates and a...
GBP/USD remains heavy as BoE delivers ‘dovish’ hold. UK Retail Sales crushed estimates, but PMIs were softer. Tested 50-DMA, bounced but remains above 100-DMA, sitting at...
USD/CHF might be beginning a new short-term uptrend. The evidence is building and includes a break above the last lower high, a trendline and the 50...
GBP/USD Price Analysis: Extends losses and approaches 1.2600 The Pound Sterling prolonged its agony and fell for the second straight day after the Bank of England’s decision...
Gold pares earlier gains on Friday following the release of higher-than-expected US PMI data. The data showed US Manufacturing and Services activity remaining strong, suggesting inflation...
Data from the United Kingdom reflects a mixed picture of the economy. The Pound Sterling (GBP) has underperformed on the week relative to most of its...
EUR/USD dipped to retest the mid-June low at 1.0675 earlier after preliminary Eurozone PMI data reports reflected an unexpected softening in activity, Scotiabank’s Chief FX Strategist...
GBP/USD edges down 0.30%, following the Bank of England’s rate decision. Technical outlook shows neutral to upward bias, with critical support at 1.2643/38. Resistance levels to...
The Pound Sterling prints red bars on traders’ screens after the Bank of England meeting. The bank leaves interest rates unchanged and keeps the same 7-2...
Gold demand increases from investors bundling into safety as geopolitical risks escalate. Israel’s threat of “all-out war” with Lebanon and Russia’s signing of an alliance with...
Silver trades and gains 0.60% after touching a daily low of $29.35. Momentum is neutral, with RSI around the 50-neutral line, suggesting buyers and sellers are...