Forex

GBP/USD recovers toward 1.3500 ahead of US consumer sentiment data Following Monday's bearish action, GBP/USD stages a rebound on Tuesday. At the time of…

Yesterday, I wrote that I could hardly imagine a scenario in which the dollar would suddenly appreciate massively and regain its former strength. Nevertheless,…

Gold stayed firm just under $3,400 per troy ounce on Tuesday, lifted by renewed weakness in the US Dollar (USD) and lingering doubts over the Fed’s…

The current price movements still appear to be part of a range-trading phase, likely between 1.3450 and 1.3505. In the longer run, further pound Sterling (GBP)…

Following Monday’s decent gains, USD/JPY faces renewed downside pressure on turnaround Tuesday, coming all the way down to retest the 147.00 region, where some…

The US Dollar (USD) reversed its prior gains and came under some modest downside pressure on Tuesday, as market participants shifted their attention to another…

US political and fiscal woes led the FX board in the absence of relevant macroeconomic data.US President Donald Trump threatened fresh levies on countries…

Since the Elliott Wave (EW) Principle follows mass sentiment, it works better on longer time frames because the closer you look, the less collective sentiment…

The Canadian Dollar caught a slight bid on Tuesday, easing back into recent highs.Despite near-term gains, the Loonie remains steeply off its perch against the…

Bank of Canada (BoC) Governor Tiff Macklem noted that the BoC will not be revisiting its 2% inflation target for the foreseeable future, citing uncertainty…