Forex

US stock markets seem to have decided on a direction since last week and appear to be moving higher. In today’s report, we would like to address what…

The Pound Sterling dips slightly below 1.2500 due to multiple headwinds. Investors expect UK interest rates to remain steady at 5.25% with less-hawkish…

The US Dollar outperforms against most major Asian peers on Wednesday.  Traders are gearing up for back-to-back Fed speakers lined up.   The US Dollar…

GBP/USD Forecast: Pound Sterling turns fragile ahead of BoE policy announcements GBP/USD came under heavy bearish pressure and lost nearly 0.5% on Tuesday.…

Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data. Silver trades at $27.14 per troy ounce, down 0.36% from the $27.24 it cost on Tuesday.…

AUD/JPY could continue its winning streak due to improved risk appetite. The Australian Dollar depreciated due to the less hawkish RBA despite higher…

ASX: Reece Limited - REH Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart) Greetings, Our Elliott Wave analysis today updates the Australian…

Gold price recovers despite the renewed USD demand on Wednesday.  Investors place lower bets on the potential Fed interest rate cuts in 2024.  The Fed’s…

Short term Elliott Wave view in Dow futures (YM) suggests the Index ended wave (4) correction at 37473. The Index has now turned higher in wave (5). However,…

EUR/USD continues to lose ground due to the hawkish sentiment of the Fed prolonging elevated policy rates. Fed’s Kashkari said that the most likely scenario…