A narrower 0.5865/0.5985 range is likely enough to contain the price movements for now, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. Any...
Bullion retreats from two-week high as US House passes debt-heavy budget. A strong US Dollar and firmer US S&P PMIs dent safe-haven appeal. Geopolitical risks with...
Japanese Yen (JPY) is entering Thursday’s NA session with a modest gain against the US Dollar (USD), a lone performer in an environment of mild (albeit...
UK CPI inflation climbs to 3.5% YoY in April, well above the BoE’s 2% inflation target. Core inflation accelerates to 3.8%, raising doubts over future rate...
Australian Dollar (AUD) is likely to trade in a sideways range of 0.6400/0.6450 vs US Dollar (USD). In the longer run, outlook is mixed; AUD is...
Shanghai Composite Elliott Wave analysis Shanghai Composite technical analysis – Daily timeframe Function: Trend. Mode: Impulsive. Structure: Orange Wave 3. Position: Navy Blue Wave 3. Next higher degree direction: Orange Wave...
GBP/USD outlook: Fresh recovery acceleration opens way for retest of key barriers at 1.3443/44 Cable jumped around a hundred pips on Monday morning, lifted by weaker...
NZD/JPY trades near the 85.70 zone with minor gains on Friday. The pair maintains a bearish outlook despite mixed technical signals. Key support is clustered below...
XAG/USD capped at $32.73 (50-day SMA), supported by 100-day SMA near $31.88 amid choppy trade. RSI flat near neutral; a break above $33.00 is needed to...
AUD/USD trades near 0.6400 with a cautious tone ahead of RBA rate decision. US consumer sentiment weakened, while inflation expectations climbed, adding to market uncertainty. Technical...
AUD/NZD trades near the 1.0900 zone with minor losses on Friday. The pair maintains a bullish outlook despite mixed short-term signals. Key support is clustered below...
EUR/USD trades near the 1.1100 zone with minor losses on Friday. The pair maintains a bearish outlook, supported by mixed technical signals. Key support is clustered...
USD/CHF trades near a critical resistance zone as markets assess ongoing tariff uncertainty and soft US economic data. US consumer sentiment weakened in early May, raising...
UNH stock sinks close to 10% after a Wall Street Journal article. The Journal alleges that Justice Department fraud investigators are close to charging the company....
Nifty 50 Index Elliott Wave technical analysis Function: Bullish Trend. Mode: Impulsive. Structure: Orange Wave 3. Position: Navy Blue Wave 1. Direction next lower degrees: Orange Wave 4. Details: Orange Wave...
The US Dollar Index could retest the 50-day EMA near the 101.78 level. Technical analysis indicates a continued bullish bias, as the index remains within an...
Silver drifts lower on Wednesday, though the mixed technical setup warrants caution for traders. The recent repeated failures to breakout through a descending channel resistance favor...
XOM Elliott Wave technical analysis Function: Trend. Mode: Impulsive. Structure: Motive. Position: Wave {iii} of 1. Direction: Upside in wave {iii}. Details: Wave (4) appears to be complete, with a five-wave advance...
AUD/NZD trades near the 1.0800 zone after modest gains in Friday’s session. Short-term indicators favor buyers, despite mixed longer-term signals. Key support levels hold below, while...
Wheaton Precious Metals Corp.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts...