Forex Friday: Dollar, Yuan and Euro
Welcome to Forex Friday, a weekly report in which we discuss selected currency themes mainly […]
Inflation in Japan Out of Line, But Signs of Cooling Emerging
Tokyo’s headline inflation estimates put the annual price growth rate at 3.8% in November against […]
XAU/USD: Dovish Fed and Safe-Haven Buying Underpin Gold Price
Gold price edges lower in European trading on Friday, after the action repeatedly failed at […]
USD/JPY Rises in Subdued Trading
USD/JPY has reversed directions and posted gains on Friday, after three straight losing sessions. The […]
Elliott Wave Aanalysis: Crude Oil Can Stabilze at $67-$72
Markets are slow as most of traders will stay aside today after Thanksgiving yesterday in […]
EURGBP Wave Analysis
EURGBP reversed from support level 0.8590 Likely to rise to resistance level 0.8700 EURGBP just […]
GBPJPY Maintains Weak Bias in Near-term; Broader Trend is Bullish
GBPJPY is retreating somewhat above the downward sloping short-term simple moving averages (SMAs). The rebound off […]
EUR/USD Pair is Now Rising and Trading above 1.0400
The Euro started a steady increase above the 1.0300 and 1.0320 resistance levels against the […]
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 […]
US Financial Markets Reopen Today But Only for a Short Session
Markets Yesterday’s session was a short one with the US absent for Thanksgiving. European stock […]
China PBoC cuts RRR, USD/CNH range bound
China’s central bank PBoC announced to lower the reserve requirement ratio (RRR) by 0.25%, effect […]