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Forex
AUD/USD holds below 0.6600 as Trump tariff threat looms
AUD/USD edges lower to near 0.6580 in Monday’s early Asian session.
The weaker Chinese economic data and Trump’s proposals to raise tariffs drag the…
Silver Price Forecast: XAG/USD drops below $31.50, weighed down by USD strength
Silver trades below 50-day SMA at $31.37; $30.84 support is key for preventing deeper pullback.
Bearish momentum persists with RSI in seller’s territory,…
NZD/JPY Price Analysis: Bearish momentum intensifies, threatening 91.00
NZD/JPY extends downtrend, breaking below key support.
Technical indicators suggest further downside potential.
The overall picture sees the pair stuck in…
Canadian Dollar sheds weight, flubbing technical recovery after jobs data misses the mark
The Canadian Dollar shed 0.4% against the Greenback on Friday.
Canada saw a worse-than-expected print in net new jobs additions in October.
Average…
NZD/USD Price Analysis: Pair gets rejected again by the 20-day SMA, more downside on the horizon
The NZD/USD got rejected by the 20-day SMA by the fourth time this week.
Technical indicators point to increasing selling pressure and decreasing buying…
Canada Unemployment Rate stays unchanged at 6.5% vs. 6.6% expected
Unemployment Rate in Canada held steady at 6.5% in October.
USD/CAD trades in positive territory above 1.3900 after the labor market data.
Statistics…
WIPRO Elliott Wave technical analysis [Video]
WIPRO – WIPRO (1D chart) Elliott Wave technical analysis
Function: Larger Degree Trend Higher (Intermediate degree, orange.)
Mode: Motive.
Structure:…
Stocks rallied: What’s next for the market?
The Thursday trading session brought another record-breaking advance for the stock market, additionally fueled by the FOMC's interest rate cut. The S&P 500…
USD/CAD climbs above 1.3900 as US Dollar bounces back, Canadian job data falters
USD/CAD rises sharply above 1.3900 on multiple tailwinds.
The Canadian Dollar weakens as job demand remained slow in October.
The US Dollar rebounds…
EUR/CHF Price Forecast: Triangle pattern completing, breakout to follow
EUR/CHF has formed a Triangle pattern which looks poised to breakout
A downside break is marginally more probable given the longer-term trend is bearish.…