EURUSD shows a bearish sequence from 8.10.2022 high suggesting further downside is likely. The decline from August 10 high is unfolding as an impulse Elliott Wave structure. Down from August 10 high, wave 1 ended Read more…
The national accounts released today showed the Australian economy in the June Quarter expanded by a solid 0.9% and 3.6% YoY. It’s the third consecutive quarter of economic expansion for the Australian economy. The first Read more…
The Bank of Canada meets on Wednesday to decide how much the central bank should raise interest rates. It really isn’t a question as to “if” they will raise interest rates as to “by how Read more…
The ECB meets this week to discuss interest rate policy. At its last meeting, the ECB hiked rates by 50bps to bring the key rate to 0.00% from negative territory. The question at this meeting Read more…
Gold couldn’t hold onto its earlier gains, and now a big breakdown looks almost certain. Recession concerns around the world continue to boost the appetite for US dollar, even at these levels. Investors are becoming Read more…
US traders are back at their desks after the long Labor Day weekend marked the unofficial end of summer, and they’ve come back to a busy week indeed. As my colleague Joe Perry noted in Read more…
The iPhone 14 livestream event happens today at 10:00 AM PT (1:00 PM ET). We expect there to be an iPhone 14, an iPhone 14 Plus, and the iPhone 14 Pro and Pro Max. Apple Read more…
You can tell maps if you have a petrol, diesel, hybrid, or electric car. | Image: Google Google is expanding Maps’ eco-friendly routing mode, rolling the feature out in dozens of European countries and making Read more…
The Huawei Mate 50 might have just edged out Apple in the space-texting race. | Image: Huawei Huawei has announced the Mate 50 series, a day ahead of Apple’s September event and with a feature Read more…
State grid operator warns rotating power outages ‘very possible.’ California electric grid operators declared an energy emergency late on Sept. 6, warning that rotating power outages were very possible as the entire state roasted under Read more…