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Forex
EUR/GBP Price Analysis: Mixed signals from indicators, eyes on bullish crossover
EUR/GBP marginally rose to 0.8520 after two sessions of losses.
Technical indicators present a neutral outlook for the short term.
Traders should track a…
US Dollar salvages earlier losses ahead of US session
The US Dollar trades softer at the start of the week.
The Greenback continues eking out losses after Friday’s turmoil.
The US Dollar index trades on the…
GBP/USD: Marginal progress on the day – Scotiabank
Data released Sunday by Rightmove showed a 1.5% fall average asking prices for UK houses in August. Prices were 0.8% higher in the year, however, Scotiabank’s…
EUR/USD: No data reports from the Eurozone today – Scotiabank
EUR/USD reached a marginal new high barely above 1.1050 earlier, reflecting broader USD losses and little else, Scotiabank’s Chief FX Strategist Shaun Osborne…
Oil retreats for second day in a row with ceasefire talks and sluggish China demand at hand
Oil price slips lower for a second consecutive trading day.
Prices retreat as traders focus on Chinese demand fears and efforts to get a ceasefire deal in…
BRL: Commodity prices are a drag – ING
USD/BRL has come off sharply from its early August spike to 5.80, ING’s FX strategist Chris Turner notes.
USD/BRL set to struggle to break below 5.40/45 area…
USD: First look at August consumer confidence – ING
The USD received a lift from the better-than-expected retail sales data, ING’s FX strategist Chris Turner notes.
DXY is consolidating
“The data has prompted…
USD/CAD moves below 1.3700 due to rising bets for a Fed rate cut in September
USD/CAD loses ground following the dovish comments from the Fed officials.
San Francisco Fed President Mary Daly emphasized that the US central bank should…
Pound Sterling trades mixed at start of week
The Pound Sterling is trading mixed in its key pairs at the start of the new week.
GBP is rising against the US Dollar as recession concerns haunt USD –…
Adani Enterprises Ltd Elliott Wave technical analysis [Video]
Adani Enterprises Ltd Elliott Wave technical analysis
Function: Counter Trend (Intermediate degree, orange).
Mode: Corrective.
Structure: Flat (3-3-5). …