The Mexican Peso falls as market sentiment turns negative. Equities are down after Meta shares tumbled on Q2 guidance and rising Middle East tensions. The Peso...
EUR/USD extends its recovery as mixed US data weighs on the US Dollar. The US Dollar may also now already have “a lot priced in” according to...
AUD/USD retreats from a peak of 0.6529 following an unexpected surge in Australian inflation figures. The US Dollar Index edges higher, influenced by solid US economic...
The Mexican Peso weakens in most key pairs after the release of Mexican inflation data. The data showed a greater-than-expected rise in the CPI but core CPI...
Silver price finds support at $26.70 but remains at risk of further weakness. It formed a pattern on the 4-hour chart after touching the top of...
NZD/USD extends gains despite the prevailing bearish sentiment for the pair. A break below 0.5900 could lead the pair to test the rebound support level of...
GBP/USD Price Analysis: Rises to near 1.2450 despite the bearish sentiment GBP/USD has been on the rise for the second consecutive day, trading around 1.2450 in...
The daily RSI signals growing buying momentum for the EUR/JPY. The daily MACD also shows a strengthening buying momentum. On the hourly chart, the same indicators...
The FTSE outlook The FTSE 100 had been a wall flower of the stock market during the Q1 market rally; however, it’s fighting back, and has finally...
The Mexican Peso trades higher in most pairs as global Purchasing Manager Indices (PMI) for April are released. Manufacturing PMIs in both the Eurozone and US...
EUR/USD rebounds after the release of US PMIs show a lower-then-expected reading. EUR/USD overcomes earlier weakness driven by the HCOB Manufacturing PMI which fell deeper into contraction territory. ...
EUR/USD remains tepid around the major level amid a bearish sentiment. A breach below the 1.0600 level may lead the pair toward November’s low at 1.0517....
ASX: Coles Group Limited – COL Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart) Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with...
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Short term Elliott Wave view on Tesla (TSLA) suggests decline from 2.27.2024 high is in progress as a 5 waves impulse lower. Down from 2.27.2024 high,...
Tesla stock shaves off more than 3% on Monday. Tesla reports Q1 results after the market closes on Tuesday. TSLA stock already collapsed 14% during the...
The NZD/JPY’s daily RSI reveals a transition towards positive territory, indicating a growing buying momentum. Both daily and hourly MACD portray a neutral scenario with their...
AUD/JPY climbs sharply, approaching the key psychological level of 100.00, buoyed by renewed optimism in global markets. Technical analysis highlights potential resistance at the year-to-date high...
The Mexican Peso recovers as tensions in the Middle East abate temporarily. Several sources of geopolitical risk, however, continue to present threats to the Peso. A...
NZD/USD maintains gains despite the bearish sentiment indicated by the technical analysis. Traders might contemplate short positions if the pair breaks below the support area encompassing...
GBP/USD falls 0.48% to 1.2376, influenced by rising geopolitical risks and statements from major central banks. Bank of England’s Deputy Governor comments on inflation risks fail...