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Forex
Canadian Dollar adrift on uneasy post-NFP markets
Canadian Dollar markets swamped out by NFP release.
Canada has limited data releases on the scope.
US data broadly softened, fanning the flames of…
Visa Inc. (V) stocks Elliott Wave technical analysis [Video]
V Elliott Wave Analysis Trading Lounge Daily Chart,
Visa Inc., (V) Daily Chart
V Elliott Wave Technical Analysis
FUNCTION: Trend
MODE: Impulsive …
Dow Jones drops from 40260 to 39340: Bears take control.
Dow falls for the second day, plunges 900 points.
Bears seem to be in control.
Nearest Support seen at 39175
Recovery needs break above 40050
Jobs…
Fed’s Goolsbee: If inflation and jobs continue to cool, Fed should cut
President of the Federal Reserve (Fed) Bank of Chicago Austan Goolsbee reiterated the importance of the Fed not reacting to a single data point on Friday after…
USD/JPY Price Analysis: Sinks to five-month lows fueled by reignited US recession fears
USD/JPY falls to 146.41, lowest since March, amid worse-than-expected US economic data.
Technical outlook: Strong support at 146.48; a close below targets…
AUD/JPY Price Analysis: Bearish Strength Intensifies, nearing critical low since March
AUD/JPY pair sustains a dominant bearish trend, eying significant support around 95.30.
Daily indicators signal a possible market exhaustion with RSI…
US Dollar plunges on soft NFPs from July
US Dollar suffers following July's disappointing jobs report, which sparks increased expectation in September rate cut.
If data continues to show progress,…
Silver Price Analysis: XAG/USD hovers around opening price, flatline
Silver hits weekly high of $29.22 before stabilizing at $28.49, down 0.02%.
Technical outlook: Closing above 100-DMA ($28.69) may trigger rally to $29.00…
Dow Jones Industrial Average ends Friday down 600 points in two-day crater
Dow Jones plummeted over 900 points top-to-bottom on Friday.
US NFP jobs data came in well below forecasts, worst initial print since 2019.
Souring US…
Mexican Peso plummets over 1% daily and almost 4% weekly
Mexican Peso weakens to a yearly low of 19.22 against the USD amid US economic worries.
Mixed Mexican data: higher unemployment rate, solid but slowing…