USD/JPY: The current general bias for USDJPY on the H4 chart is bearish. To add confluence to this, the price is below the Ichimoku cloud which indicates a bearish market. Towards the end of last Read more…
Daily Pivots: (S1) 0.6618; (P) 0.6667; (R1) 0.6757; More… AUD/USD retreats mildly today, but intraday bias stays on the upside. Current rise from 0.6169 would target 161.8% projection of 0.6169 to 0.6521 from 0.6271 at Read more…
Dollar recovers mildly in quiet trading in Asia, digesting some of last week’s losses. Yen and Canadian Dollar are following the greenback, while Swiss Franc leads Europeans lower. But overall, major pairs and crosses are Read more…
Fed Governor Christopher Waller said over the weekend, “we’re at a point we can start thinking maybe of going to a slower pace,” but “we’re not softening”. “Quit paying attention to the pace and start Read more…
BoJ Governor Haruhiko Kuroda said in a speech that Japan’s situation “differs” from both the US and the Eurozone. The country is still “on its way to recovery”. Output gap has “remained in negative territory”, Read more…
Despite the UK economy contracting by less than expected in Q3, investors continued to scale back their BoE rate-hike bets. However, they may have to reexamine those bets next week, as the economic agenda includes Read more…
Key Highlights EUR/USD started a steady increase above the 1.0200 resistance. It broke many hurdles near 1.0100 and 1.0200 on the 4-hours chart. USD/JPY declined heavily below the 142.50 support zone. Gold price rallied above Read more…
Good day Traders and Investors. In today’s article, we will look at the past performance of 4 Hour Elliottwave chart of the Canadian Dollar ($USDCAD). The rally from 08.11.2021 low has unfolded as 5 swings Read more…
The billionaire recently bought Twitter, which densified his already busy schedule. Elon Musk is non conventional. He alone manages five companies, each of which plays an important role in their respective sector. The stature of Read more…
The CEO of Tesla and Twitter is currently fighting on all fronts. Elon Musk has just put himself in an unenviable position. The Tesla (TSLA) – Get Free Report CEO has been busy revamping Twitter (TWTR) Read more…