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Forex
USD/CHF Price Analysis: Critical moment, pair is vulnerable to bearish reversal
USD/CHF has been in a rising channel all year with a bullish bias.
A break below the base of the channel on May 14 brought into doubt the uptrend.
The…
Fed policymakers stick to cautious language after April inflation data
Fed policymakers' comments on policy outlook will be scrutinized by investors this week.
Markets see a waning probability of a Fed policy hold in September.…
Gold price retreats as central banks signal reluctance to lower interest rates
Gold price is correcting lower after touching an all-time high of $2,450 on Monday.
The pullback appears to be driven by central banks communicating a…
US Dollar turns to green with US markets starting to wake up
The US Dollar traded mixed on Monday with no clear direction in the European session.
The Greenback is now starting to see a bit of a catch up in safe…
Mexican Peso plateaus, shrugging off negative sentiment and data
The Mexican Peso continues its uptrend despite poor Mexican data and risk aversion.
The wide interest-rate differential between Mexico and Western…
Oil eases further after string of technical rejections
Oil tests the support of its 2024 rally again on Tuesday.
Markets disregard current events in the Middle East as there is no risk for output in the…
EUR/USD juggles as Fed officials support higher for longer interest rates
EUR/USD trades back and forth around 1.0850 with eyes on FOMC minutes and preliminary Eurozone and US PMIs.
Doubts are rising over the possibility that the…
Pound Sterling remains firm above 1.2700 with eyes on UK inflation
The Pound Sterling trades strongly above 1.2700 against the US Dollar ahead of UK inflation data.
UK inflation is forecasted to have declined sharply in…
Hang Seng Index Elliott Wave technical analysis [Video]
Hang Seng Index Elliott Wave Analysis Trading Lounge Day Chart,
Hang Seng Index Elliott Wave technical analysis
Function: Trend.
Mode: Corrective.…
Japanese Yen attempts to halt losses, while US Dollar remains steady
The Japanese Yen depreciates due to hawkish sentiment surrounding the Fed maintaining higher rates for longer.
Japanese Finance Minister Shunichi Suzuki…