USD/JPY: Signals of Bearish Continuation Expose Fibo Target at 135.47
Fresh bearish acceleration on Monday (down 1.1% since opening), broke clearly through pivotal Fibo support […]
EURUSD Fights Stubbornly for 1.0400
EURUSD opened with a slight negative gap on Monday after getting rejected around the 1.0400 psychological level for the […]
Gold Consolidates after Advance Pauses
Gold has been losing ground since early March, generating a profound structure of lower highs and […]
Aussie Sinks on China Unrest, Retail Sales
The Australian dollar has started the trading week with sharp losses. AUD/USD is down 0.70% […]
EUR/USD: Sustained Break Above 200DMA Signals Further Advance
The Euro regained traction and jumped on Monday, generating signal that larger bulls are resuming […]
WTI Falls to 11-month Low as Sentiment Sours Further
WTI oil price fell 3% and hit the lowest levels since late December 2021, in […]
RBNZ Silk: The persistence factor of inflation was most surprising
RBNZ Assistant Governor Karen Silk said in an interview, “What we have seen is actual […]
RBA Lowe: Best outcome is for wages to pick up but not too much further
RBA Governor Philip Lowe told a parliamentary committee that the central bank is keeping an […]
Australia retail sales fell -0.2% mom in Oct, first decline this year
Australia retail sales turnover dropped -0.2% mom to AUD 35.02B in October, much worse than […]
The Big Picture – Recession with Different Undercurrents
Highlights: Various shocks challenge the global economy, with different undercurrents driving the economic outlook across […]
EURJPY Found Sellers After Elliott Wave Double Three Pattern
Hello fellow traders. In this technical article we’re going to take a look at the […]
ECB Knot: Risk of doing too little clearly more pronounced
ECB Governing Council member Klaas Knot said, “My worry is still inflation, inflation, inflation… As […]