EURUSD Turns Neutral Amid Double-Top Formation
EURUSD holds above 20-day SMA but bias turns neutral Bulls still have a chance as […]
USD/CAD Can Be Trapped in a Triangle – More Weakness After Completed A-B-C-D-E Waves
USDCAD is reversing south after an unsuccessful push above 2022 highs, so it appears that […]
Euro Area Inflation and US Labour Market Data in Focus
In focus today Today, focus is on euro area HICP inflation from September. We expect […]
ECB Can Afford to Take a More Dovish Stance
The Chinese stocks extended gains on Monday as China announced more stimulus measures and investors […]
Intraday Elliott Wave View Favors More Downside in USDJPY
Short Term Elliott Wave View in USDJPY suggests decline to 139.57 ended wave (W). Pair […]
Australia’s retail sales rises 0.7% mom in Aug, driven by record warm weather
Australia’s retail sales turnover increased by 0.7% mom in August, surpassing the expected rise of […]
WTI Crude Oil Dips Once More: Is More Weakness Ahead?
Key Highlights WTI Crude Oil price started a fresh decline from the $73.25 resistance. It […]
NZ business confidence surges as firms anticipate more RBNZ rate cuts
NZIER Quarterly Survey of Business Opinion reveals significant improvement in business confidence in New Zealand […]
Japan’s PMI manufacturing PMI finalized at 49.7, output and new orders in contraction
Japan’s Manufacturing PMI for September was finalized at 49.7, marginally lower than August’s reading of […]
Japan’s Q3 Tankan shows stability in manufacturing, slight gains in non-manufacturing
Japan’s Q3 Tankan Large Manufacturing Index remained steady at 13, unchanged from Q2 and in […]
Eurozone PMI manufacturing finalized at 45, output and orders decline
Eurozone’s PMI Manufacturing was finalized at 45.0 in September, down from 45.8 in August, marking […]