XAU/USD Grinds Resistance
Gold retreated after Fed officials echoed hawkish sentiments. On the daily chart, the price is […]
GBP/USD Tests Major Resistance
The US dollar faltered over lacklustre retail sales in December. The pair continues to capitalise […]
USD/JPY Gives Up Gains
The Japanese yen tumbled after the BoJ shattered hopes that it would wind down its […]
Won’t Be Easy for EUR/USD to Push Through Recent Highs
Markets The BoJ’s status quo set the tone for core bond yields right from the […]
USD/JPY at 126 Support with Wedge Formation
USDJPY came down at the end of 2022, breaking to even lower prices in the […]
Dow Futures (YM) Looking for 5 Waves Elliott Wave Move Lower
Cycle from 12.13.2022 high in Dow Futures (YM) is unfolding as a zigzag Elliott Wave […]
S&P 500 is An Easy Short
There was good, and less good news for investors on the wire yesterday. The latest […]
Central Banks in Focus
Market movers today It will be a rather busy day on central bank front, kicking […]
EUR/USD Technical Outlook: At Crossroads
The Euro’s failure to extend gains against the US dollar following data last week that […]
The US Dollar Bounces Back as Recession Fears Swirl. Where to for USD?
The US Dollar took back some ground today after staring at new lows in the […]
Japan exports up 11.5% yoy in Dec, imports up 20.6% yoy
In December, Japan exports rose 11.5% yoy to JPY 8787B, marking the slowest growth rate […]
Australia employment down -14.6k in Dec, unemployment rate unchanged at 3.5%
Australia employment declined -14.6k in December, much worse than expectation of 21.2k growth. Full-time jobs […]