Forex

US Dollar resumes its bullish trend and tests three-month highs at 104.55. US JOLTS Job Openings and Consumer Confidence data will be the main attractions.…

The US JOLTS data will be watched closely by investors ahead of the release of the October employment report on Friday. Job openings are forecast to retreat…

The Pound Sterling consolidates below 1.3000 against the US Dollar ahead of a US data-heavy week and the UK’s Autumn Forecast Statement. UK Chancellor…

The US Dollar (USD) is likely to trade in a range between 152.45 and 153.60. In the longer run, while conditions are severely overbought, there is a chance for…

The Mexican Peso recovers marginally as the market turns risk-on, benefiting emerging market FX.  A possible revival of carry trade inflows amid a weaker…

The Japanese Yen surrenders modest intraday gains amid the BoJ rate-hike uncertainty.  An unexpected dip in Japan’s jobless rate and intervention fears…

AUD/JPY loses ground despite a hawkish sentiment surrounding the RBA regarding its policy outlook. The Australian Dollar may limit its downside as an RBA…

ASX: JHX Elliott Wave technical analysis Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with JAMES HARDIE INDUSTRIES…

EUR/USD may return to the descending channel pattern as bearish bias is still in play. The nine-day Exponential Moving Average (EMA) is below the 14-day…

The Indian Rupee weakens in Tuesday’s Asian session.  Significant foreign institutional investor (FII) outflows and higher US bond yields undermine the INR.…