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, […]
Cautious Rebound in Cryptos
Market Picture The turnaround in sentiment on the US markets saw the crypto market capitalisation […]
GBPUSD on a Slippery Slope
GBPUSD hovers within critical zone Stochastics and RSI lose momentum GBPUSD has lost its positive […]
Sterling a Tad Stronger After Labour Market Data
Markets This week’s opening session can be easily classified. Risk sentiment improved somewhat after last […]
The Debate
The European and US indices rebounded on Monday, though the rebound was probably not based […]
Harris and Trump in Their First Face-Pff
In focus today In the US, we get the NFIB Small Business Survey. Also, Fed […]
UK Employment Data Takes Center Stage Amid Market Caution
The forex markets have remained largely subdued in today’s Asian session, with most major currency […]
China’s exports grow 8.7% yoy in Aug, imports up only 0.5% yoy
China’s exports grew by a robust 8.7% yoy to USD 308.7B in August, surpassing market […]
GBP/USD Starts Pullback, UK Employment Report Next
Key Highlights GBP/USD struggled near 1.3260 and started a downside correction. It traded below a […]
Australia’s NAB business confidence falls to -4, conditions fairly clearly below average
Australia’s NAB Business Confidence fell from 1 to -4 in August. Business Conditions also declined, […]
UK payrolled employment falls -59k in Aug, unemployment rate ticks down to 4.1% in Jul
In August, UK payrolled employees fell by -59k or -0.2% month-on-month, marking a significant contraction. […]