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Forex
Nikkei (NKD_F) looking to end impulsive rally [Video]
Short term Elliott Wave view in Nikkei (NKD) suggests pullback to 38136 on 3.12.204 low ended wave 4. Index then turns higher in wave 5. The rally from…
Japanese Yen languishes near YTD low against USD, seems vulnerable to slide further
The Japanese Yen continues losing ground for the third successive day on Wednesday.
The uncertainty over the BoJ’s future policy steps continues to…
Australian Monthly CPI rises 3.4% YoY in February vs. 3.5% expected
Australia’s monthly Consumer Price Index (CPI) rises 3.4% in the year to February 2024, compared to the annual increase of 3.4% seen in January, the Australian…
NZD/USD remains on the defensive near 0.6000, traders await RBNZ’s Orr speech
NZD/USD trades on a softer note near 0.6000 after retracing from a weekly top of nearly 0.6030 on Wednesday.
The rate-cutting expectation and dovish…
VanEck Gold Miners ETF ( $GDX ) Found Buyers at the Blue Box Area as Expected.
Hello everyone. In today’s article, we will look at the past performance of the 1H Hour Elliott Wave chart of VanEck Gold Miners ETF ($GDX) . The rally from…
Mexican Peso rebounds off daily lows, eyes yearly highs amid strong USD
Mexican Peso ticks down as US Durable Goods Orders jump and Consumer Confidence steadies.
Banxico’s dovish stance remains with Governor Rodriguez hinting at…
Gold outshines as US Dollar wavers, boosted by falling US yields
Gold rises amid US Dollar fluctuations and lower US Treasury yields.
DXY's slight increase contests Gold's ascent, but bond rates boost it.
Mixed US data:…
Canadian Dollar clings to daily gains near 1.3580 vs. the US Dollar
Canadian Dollar keeps ticking higher on Tuesday with investors confident that the Fed will start easing in June.
The mixed US macroeconomic data seen on…
NZD/JPY Price Analysis: Bearish sentiment continues, potential bullish reversal on the horizon
The daily technical analysis reveals a steady bearish momentum but with indicators recovering.
The hourly chart hints at initial signs of bullish momentum…
Dow Jones Industrial Average opens with minor gains, still well below last week’s highs
Dow Jones ticks up Tuesday in a calm pre-Easter trading session.
Market sentiment is moderately positive, buoyed by hopes that the Fed will start cutting…