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Forex
JPY is trading weak and underperforming – Scotiabank
The Japanese Yen (JPY) is weak, down 0.4% against the US Dollar (USD) and underperforming all of the G10 currencies as we enter Wednesday’s NA session.JPY is…
EUR/USD extends losses with the US Dollar firmer ahead of the US ADP report
The Euro is pulling lower as the US Dollar bounces up from long-term lows.A cautious Powell and strong US Job Openings have provided some support for the…
US Dollar pulls back from intraday highs as soft ADP report tempers optimism
The US Dollar recovers slightly after hitting more than three-year lows, supported by upbeat data and Powell’s measured tone.Both the ISM Manufacturing PMI and…
CAT Elliott Wave technical analysis [Video]
CAT Elliott Wave analysis
Function: Trend.
Mode: Motive.
Structure: Impulsive.
Position: Wave {iii} of 1.
Direction: Upside into Wave {iii}.
Details:…
WTI Crude Oil steadies above $64 as traders brace for OPEC+ decision
WTI Crude trades in a tight range near $64.50, consolidating after a sharp drop triggered by the Iran–Israel ceasefire.Geopolitical risk premiums unwind, with…
GBP/JPY drops to two-week low below 196.00 on UK political jitters
GBP/JPY stays under strong selling pressure and trades below 196.00 on Wednesday.UK gilt selloff weighs on Pound Sterling.UK Prime Minister Keir Starmer…
IONQ Elliott Wave technical analysis [Video]
IONQ Elliott Wave analysis
Function: Counter Trend.
Mode: Corrective.
Structure: Corrective.
Position: Wave A of y.
Direction: Downside in Wave C…
Gold Price Forecast: XAU/USD steadies ahead of Thursday’s Nonfarm Payroll (NFP) report
Gold price pauses above $3,340 as markets look ahead to Thursday's Nonfarm Payrolls (NFP) report.President Trump’s tax bill heads to the House of…
Mahindra & Mahindra – M&M Elliott Wave technical analysis [Video]
Mahindra & Mahindra Elliott Wave analysis – Day chart
Function: Bullish Trend.
Mode: Impulsive.
Structure: Navy Blue Wave 3.
Position: Gray Wave 5.…
USD/INR gains even as Trump expresses confidence on US-India trade deal
The Indian Rupee trades lower against the US Dollar as the latter stabilizes after surprisingly upbeat US JOLTS Job Openings data.Trump’s comments signaled…