Forex

Elliott Wave analysis indices SP500 and NASDAQ Minor Elliott Wave 4 appears to be completed with the help of stocks like APPL, NFLX and NVDA. The smaller…

NZD/USD extends its rally around 0.6250 in Wednesday’s early Asian session.  The firmer bets of Fed rate cuts continue to undermine the US dollar ahead of…

Silver holds above 50 and 100-DMAs, showing buyer strength, but momentum is diminishing. For uptrend continuation, a break above the August 26 peak of…

Gold rises in risk-on setting, shrugging off robust US data as the US Dollar hits a 12-month low. Powell’s dovish remarks keep US Treasury yields stable,…

The Dow Jones index softened on Tuesday after reaching fresh record highs this week. Mixed housing figures gave markets little to chew on as traders await…

The Canadian Dollar eased back on Tuesday, but the US Dollar fell faster. Canada remains data-light until Friday’s GDP print. Markets are hunkering down…

There was no joy for the Greenback on Tuesday, as sellers regained control amidst a generalized absence of fervour among market participants prior to the…

EUR/GBP maintains its downtrend, targetting support at 0.8450. RSI and MACD indicators suggest increasing bearish momentum. Buyers must defend the…

The Aluminium price recorded the strongest increase among the LME metals last week, rising by 7.5% compared to the previous week. It was not only the hope of…

Silver price faces pressures in extending its upside above $30.00 as US bond yields surge. The Fed seems prepared to cut interest rates in September.…