DXY: Bears Have Established Their Positions
The 1H timeframe of the DXY index shows the completion of the global corrective trend, […]
S&P 500, Nasdaq, Dow Jones Breakout on Soft PPI, Resistance Overhead
A soft PPI report gave bulls hope on inflation trends as short-term breakouts in the […]
EUR/USD Technical Outlook: Trading Around Long-term Resistance Levels
The Euro shot higher last week and is so far gaining some ground this week; […]
Trade Idea: Major Currency Pairs to Watch Out For This Week
It is general knowledge that the Major currency pairs are pairs that have the US […]
WTI Oil: Bears Remain Firmly in Play on Demand Worries and Reinforced by Daily Bearish Engulfing
WTI oil remains in red in early Tuesday’s trading and extends Monday’s strong fall (down […]
Eurozone goods exports rose 23.6% yoy in Sep, imports rose 44.5% yoy
In September, Eurozone goods exports, to the rest of the world, grew 23.6% yoy to […]
Will Australian Jobs Report Justify the RBA’s Need for Caution?
Employment numbers out of Australia will be watched on Thursday (00:30 GMT) as the country’s […]
Wounded US Dollar Turns to Retail Sales for Direction
Hopes that inflation is finally cooling down led traders to unwind bets that the Fed […]
ETH and BTC Under Pressure from the Pros
Market picture Bitcoin is trading in the $16.7K area (+1.6% in 24 hours), a significant […]
Aussie Remains Bullish after RBA Minutes – Elliott Wave Shows Room for Further Strength
RBA is looking for higher rates in an upcoming meeting, but its unclear if there […]
EURJPY’s Bullish Trend Cracks
EURJPY halted its latest steep decline near the 50-day simple moving average (SMA), returning to […]
German ZEW rose sharply to -36.7, related to hope that inflation will fall soon
Germany ZEW Economic Sentiment rose from -59.2 to -36.7 in November, much better than expectation […]