USDJPY Unable to Break Below 200-day SMA
USDJPY has been in a prolonged uptrend for almost two years, crossing above its historical resistance levels to […]
NZD/USD: Has the Formation of a Bullish Primary Impulse Been Completed?
A closer look at the 1H timeframe shows that the NZDUSD market has already completed […]
UK 100 Finds Support
Equities soared as cooling US inflation spurred hopes of a dovish Fed stance. On the […]
US Oil Sees Timid Rebound
WTI crude bounced after OPEC said it expected demand growth from relaxed COVID policies in […]
XAU/USD Breaks to Higher Range
Gold popped higher following a deceleration in US CPI last month. After a rally above […]
Elliott Wave View: Silver (XAGUSD) Wave 5 Ending Soon
Short term Elliott Wave View in Silver (XAGUSD) suggests the rally from 9.28.2022 low is […]
Expect Fed to Raise Terminal Policy Rate to 5% and Perhaps Even More
Markets US CPI eased more than expected in November to 7.1% headline and 6% core […]
US Dollar Languishes in the Aftermath of US CPI and Ahead of the Fed. New Lows for USD?
The US Dollar tanked after a soft CPI number gave the market hope of an […]
Japan Tankan manufacturing mood deteriorated, but non-manufacturing upbeat
Japan Tankan Large Manufacturing Index dropped from 8 to 7 in Q4, above expectation of […]
RBNZ Hawkesby: We’ve seen very little impact of higher interest rates so far
RBNZ Deputy Governor Christian Hawkesby said in a speech that “we still think we have […]
Crude Oil Price Clears Hurdle Ahead of Fed Rate Decision
Key Highlights Crude oil price started a fresh increase above the $73 resistance. It broke […]
FOMC preview: All about dot plots and 5%
Fed is widely expected to slow down the pace of rate hike today, and raise […]