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Forex
SPDR consumer staples ETF ( $XLP ) found buyers at the blue box area
Hello everyone. In today’s article, we will look at the past performance of the 4H Hour Elliott Wave chart of SPDR Consumer Staples ETF ($XLP). The rally from…
USD/CHF Price Prediction: Text-book bullish trend unfolds
USD/CHF is trending higher on a short and medium-term basis.
It is likely to continue up towards bullish targets.
USD/CHF unfolds a text-book trend…
Lagarde speech: Still looking at soft landing
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to lower the benchmark interest rate by 25 basis points at the…
US Dollar tries to break hurdle after ECB’s Lagarde paints not so positive picture for Eurozone
The US Dollar pops and makes its rally into a five day winning-streak.
Traders hear Christine Lagarde say that the Eurozone growth outlook is more to the…
Silver Price Forecast: XAG/USD consolidates below $32 as investors look for fresh Fed rate cut cues
Silver price trades sideways below $32.00 as investors seek fresh cues about the Fed’s likely monetary policy action in November and December.
The US Dollar…
Crude Oil turns green for first time this week after ECB rate cut and strong US data
Crude Oil finds support and stabilizes off its weekly low of $69.15 on Thursday.
Overnight API weekly numbers came in with a surprise drawdown.
The US…
Pound Sterling Price News and Forecast: GBP/USD needs to reclaim 1.3000 to recover
GBP/USD Forecast: Pound Sterling needs to reclaim 1.3000 to recover
GBP/USD struggles to stage a recovery and stays below 1.3000 in the European session on…
Pound Sterling remains fragile as soft UK inflation prompts BoE rate cut bets
The Pound Sterling trades below 1.3000 against the US Dollar as slowing UK inflation fuels BoE’s dovish bets.
UK service inflation slowed to 4.9%, the…
European Central Bank looks set to deliver another interest rate cut as economic outlook worsens
The European Central Bank is expected to cut benchmark interest rates by 25 bps at the October policy meeting.
ECB President Christine Lagarde’s presser…
NZD/USD Price Forecast: Falls to near 0.6050 within the descending channel
NZD/USD attempts to remain within the descending channel pattern.
If the 14-day RSI breaks below the 30 level, it would indicate an oversold territory and…