Brent Remains Under Pressure: China and Rapid Growth in OPEC+ Production to Blame
The oil market remains under pressure. A barrel of Brent oil declined to 71.80 USD […]
US 500 Index Halts Decline, But Will It Pivot?
US 500 stock index pauses decline near 100-SMA, but negative risks remain Breaking above 5,600 […]
GBP/USD Steady as UK Wage Growth Eases GDP Next
The British pound has edged lower on Tuesday. In the North American session, GBP/USD is […]
UK Job Market Stronger Than Expected But Weaker Than US
In the UK, jobless claims rose by 23.7K in August, much better than the 95.5K […]
US: Small Business Optimism Pulls Back in August
NFIB’s Small Business Optimism Index fell 2.5 points to 91.2 in August, coming in below […]
USDJPY Lacks Direction, Looks to US CPI
USDJPY hovers around 20-period moving average (SMA) Some upside momentum still present Next move will […]
AUD/USD Shrugs After Weak Confidence Data
The Australian dollar continues to have a quiet week. AUD/USD is trading at 0.6671 in […]
GBP/USD Rises on Robust Labor Data – Challenges Ahead for the BoE
UK labor data beats expectations, with regular pay rising by 5.1% and employment increasing by […]
Analysis of GBP/USD Today: Bulls Face Challenges
UK labour market data was released today. According to Dow Jones Newswires: → Employment growth […]
EUR/USD: Faces Again Strong Headwinds at Pivotal Fibo Support
EURUSD is pressuring pivotal support at 1.1040 (Fibo 38.2% of 1.0781/1.1200 bull-leg), after facing several […]
Gold Coming Out of Elliott Wave Triangle
On a higher degree time frame, we see gold coming higher into a fifth wave, […]
BoC Governor Macklem warns of persistent inflation pressures amid global trade slowdown
BoC Governor Tiff Macklem in a speech today raised concerns about the long-term implications of […]