Elliott Wave Analysis: Corrective Pullback for Cable
Cable is coming lower, but the overlapping price action suggests that this is likely a […]
Oil Prices Abruptly Tumbled Below $80 per Barrel (Brent)
Markets European inflation figures and US PCE, spending & income data basically played second fiddle […]
WTT: What To Trade in September
September is often seen as a cautious or “risk-off” month for traders, influenced by factors […]
EURGBP Flirts With Key Support Territory
EURGBP tumbles, but finds support near 0.8400 RSI and MACD detect bearish momentum But a […]
Dollar for Now Fails to Build on Yesterday’s Rebound
Markets More technical, order driving trading for global markets yesterday. An almost empty eco calendar […]
Today and Tomorrow, Attention Shifts to Economic Data
Nvidia generated a record $30bn in sales in Q2 – up by 122%, the profits […]
Germany’s Multi-Year Stagnation
The final reading confirmed a 0.1% contraction in the German economy in the second quarter, […]
EUR/GBP Outlook: Steep Bear-Leg May Take A Breather Above Daily Cloud Base Support
EURGBP cracked Fibo support at 0.8439 (76.4% of 0.8382/0.8624 rally) and pressuring strong support at […]
British Pound (GBP) Price Action Ideas: Sterling Set for Correction? GBP/USD, EUR/GBP and GBP/JPY
The British pound has been one of the best-performing currencies in recent weeks, driven by […]
GBP/USD Technical: Sterling Bulls in Control
BoE Governor Bailey’s speech at the Jackson Hole Symposium reiterated BoE’s cautionary dovish monetary policy […]
GBPUSD: Is the Next Downturn Approaching?
GBPUSD’s bull run slows down near a familiar resistance area Some stability is likely; sellers […]
Interest Rate Markets Looking for New Short-Term Equilibrium
Markets Interest rate markets were looking for a new short-term equilibrium for the post-Jackson Hole […]