EUR/USD at risk of another slide, can bulls survive?
Looking at the 4-hour chart, the pair settled below the 1.0450 level, the 100 simple moving average (red, 4-hour), and the 200 simple moving average (green,...
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GBP/USD gains traction above 1.2550 on thin trading volume
The GBP/USD pair extends the recovery to near 1.2580 during the Asian trading hours on...
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PBOC Governor Pan: Room for lower rate
People's Bank of China (PBOC) Governor Pan Gongsheng said on Monday that compared to central banks in other major economies, this level still leaves room for monetary policy...
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ECB’s Holzmann: Next ECB rate cut could be longer in coming
The European Central Bank (ECB) Governing Council member Robert Holzmann said on Saturday that the next interest rate cut by the ECB could be longer in coming after a recent uptick in inflation, per...
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Gold Price Forecast: XAU/USD edges higher above $2,600 amid light trading
Gold price (XAU/USD) attracts some buyers to around $2,625 during the early Asian session on...
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One-off Friday flush isn’t a fluke
S&P 500 wobbled on Boxing Day, and Friday was another telling move – ES reached farther than NDX did in retracing the Powell dump amid market breadth weakness that I kept complaining about last weeks already (some bearish divergences mentioned first, and then outright negative breadth...
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AUD/USD holds positive ground above 0.6200 in thin year-end trading
The AUD/USD pair holds positive ground around 0.6220 during the early Asian session on...
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NZD/JPY price analysis: Pair extends gains above 20-day SMA
NZD/JPY added a modest 0.20% on Friday, climbing to 88.90 and building on the gains seen since the pair broke above its 20-day Simple Moving Average...
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Forecasting the upcoming week: Global markets set to kick off the new year with a light data docket
The US Dollar Index (DXY) is trading tepid through the year-end holiday season but still holding onto territory near the high end of 2024’s chart...
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Rigetti computing RGTI hit another target. Possible extension ahead
RGTI has risen rapidly in value in recent days attracting the attention of...
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US Dollar advances as year-end caution lingers
The US Dollar Index, which measures the value of the USD against a basket of currencies, is trading within a very tight range on Friday, holding near 108.00...
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Dow Jones Industrial Average backslides amid tech decline
The Dow Jones Industrial Average (DJIA) shed around 400 points on a quiet...
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Dollar Index outlook: Bulls pause for consolidation, expected to remain intact while above 107.00 support
Near term action holds in extended consolidation under new multi-month high (108.28), as bulls took a breather in a quieted holiday...
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Gold price receives support from safe-haven demand ahead of Trump administration
Gold price (XAU/USD) recovers its recent losses from the previous session, although trading volume is lighter on Monday than usual ahead of the New Year...
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EUR/USD holds gains above 1.0400 as rising odds of the ECB delaying further rate cuts
EUR/USD extends its gains for the third successive day, trading around 1.0430 during the Asian hours on...
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PBOC sets USD/CNY reference rate at 7.1889 vs. 7.1893 previous
The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Monday at 7.1889, as compared to the previous day's fix of...
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Bracing for a slippery penultimate trading day of 2024
As US stock markets concluded with a downturn on Friday, Asia-Pacific markets are bracing for a slippery penultimate trading day of...
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China urges local governments to give cash handouts for New Year
China’s central government said it will offer handouts to people struggling with the cost of living and vowed more benefits for some unemployed people ahead of a key national holiday, Xinhua News Agency reported, citing a notice from the Ministry of Civil...
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Fed decision-making and market dynamics
The policy variable that reflects the tone of monetary policy most concisely is the target rate for the federal funds...
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The weekender: Markets grapple with Year-end adjustments and regulatory rebalancing
As Christmas week wraps up, global stocks and the dollar dip from their year-long highs, feeling the weight of year-end adjustments and regulatory...
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Australian Dollar drifts near yearly support as holiday trade thins
The Australian Dollar pair trades in a very tight range near the yearly support of 0.6200 in Friday’s...
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AUD/USD declines to 0.6215 amid muted trading and RBA dovish tone
The AUD/USD pair traded in a narrow range near the key yearly support of 0.6200 during Friday’s North American session, slipping 0.14% to...
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NASDAQ100: Lower first, followed by new all-time highs!?
For those new to our Elliott Wave-based analyses and as a reminder to our regular readers, we have been tracking an ending diagonal (ED) pattern for the NASDAQ100 (NDX) for over a...
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Netflix stock (NFLX) buying the dips at the blue box area [Video]
Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of Netflix (NFLX) Stock published in members area of the...
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Canadian Dollar continues its tepid stance on Friday
The Canadian Dollar (CAD) continued its soft stance on Friday, easing into familiar near-term lows and shedding one-quarter of one percent against the US...
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EUR/USD price analysis: Pair inches up to 1.0430, still capped by key resistance
The EUR/USD pair ended a shortened week with a modest bounce, inching up to around 1.0430 on...
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