Elliott Wave View: GBPUSD Near Term Remains Bullish
Short term Elliott Wave View in GBPUSD suggests that the cycle from 11.4.2022 low is […]
USDCAD Retreats as Latest Recovery Fades
USDCAD has been in an uptrend since March, storming to a fresh 29-month high of 1.3976 […]
Yields Lower Despite Hawkish ECB Comments
Market movers today No major data releases are scheduled for today, but Swedish October PPI and […]
EURUSD Bulls Look Exhausted Near 1.0400
EURUSD is weakening somewhat after the climb towards the 1.0450 barrier, which is a level […]
USD/JPY on Track for Deeper Fall after Break of Key Supports
The USDJPY remains under increased pressure and extending weakness into third straight day, after recovery […]
Market Gets into Risk-on Sentiment after Fed Meeting Minutes
On Wednesday, the New Zealand dollar was the best-performing currency among the 20 global currencies […]
AUDUSD Erases Pullback, Eyes Recent Rejection Region
AUDUSD has been stuck in a steep downtrend since early March, but it managed to recoup […]
Fed Minutes Quantified Probability of Recession, Giving Almost 50-50 Chance
Markets Core bonds rallied yesterday. US Treasuries vastly outperformed Bunds, catching a bid from economic […]
Global Slowdown Confirmed by November PMIs
Market movers today The main event today will be the Riksbank meeting, where we expect […]
FOMC Minutes Show Fed Hiking Rates at a Slower Pace
At the November 2nd FOMC meeting, members unanimously agreed to hike the Fed Funds rate […]
USD/JPY Pair Moved into a Short-term Bearish Zone Below 142.00
The US Dollar started a fresh decline from well above the 145.00 zone against the […]
Two Trades to Watch: USD/JPY, FTSE
USD/JPY rises ahead of the Fed minutes, PMIs The minutes are from the November Fed […]