Forex

The Australian Trade Data OverviewThe Australian Bureau of Statistics will publish its data for November on Thursday at 00.30 GMT. Trade Balance gives an early indication of the…

USD/JPY trades around 156.60 on Wednesday at the time of writing, virtually unchanged on the day, as the US Dollar (USD) struggles to extend its rebound following mixed US economic…

West Texas Intermediate (WTI) extends its decline for a second straight day on Wednesday, as oversupply concerns deepen after the United States (US) said it will sell Venezuelan…

In our December update, we combined the Elliott Wave (EW) Principle with the Armstrong Pi-cycle turn dates and concluded for the NASDAQ 100 (NDX) that“…if the November 21 low at…

The US Dollar (USD) traded without a clear direction on Wednesday, losing some momentum following the auspicious start to the new trading year. Moving forward, the Greenback is…

Gold price tumbles nearly 1% on Wednesday after US economic data showed that business activity improved, while the labor market shows signs of being more solid than expected. At…

USD/CAD trades around 1.3820 on Wednesday at the time of writing, up 0.10% on the day, supported by a modest rebound in the US Dollar (USD) amid mixed US economic data and…

The Euro trades little changed against the US Dollar on Wednesday, as traders show a muted reaction to a mixed batch of US economic data. At the time of writing, EUR/USD is trading…

The Australian Dollar (AUD) trades flat against the US Dollar (USD) on Wednesday, with AUD/USD easing back after an initial advance triggered by Australia’s latest inflation data.…

The US Dollar (USD) is little changed on the session. A minor recovery in the Dollar Index (DXY) yesterday keeps the index in a tight range around the 100-day MA (98.58). Calm, low…