Forex

EUR/GBP edges lower to 0.8445 on Thursday, maintaining a cautious tone near key support levels. Momentum wanes as the pair approaches the 200-day SMA at…

USD/JPY retreats from six-day high as U.S. Initial Jobless Claims suggest labor market cooling. Bank of Japan meeting likely to see 25 basis point rate…

The US Dollar turns flat ahead of the US trading session on Thursday.  US President Trump is set to speak at the World Economic Forum in Davos.  The US…

The Euro (EUR) is steady around the 1.04 zone, Scotiabank’s Chief FX Strategist Shaun Osborne notes.  EUR steady around 1.04“ECB Governor Escriva remarked…

Pound Sterling trades with caution as traders price in BoE interest rate cut next month The Pound Sterling (GBP) trades cautiously against its major peers on…

Gold faces a first halt for this week in its rally.  Bond yields are off their lows and starting to grind higher.  Gold attempted to break above $2,760 on…

Chance for US Dollar (USD) to retest 156.70 before a more sustained pullback is likely. In the longer run, USD weakness has stabilized; it is likely to…

Silver faces rejection near the 100-day SMA and descending channel resistance. A move beyond the $31.00 is needed to support prospects for additional gains.…

IBEX 35 (Spain) Elliott Wave Analysis Trading Lounge Day Chart. IBEX 35 (Spain) Elliott Wave technical analysis Function: Bullish Trend. Mode: …

Using the Elliott Wave (EW), we have successfully tracked the most likely path forward for the SP500 (SPX) over several months. Although there are many ways to…