RBNZ Governor Christian Hawkesby warned today that rising global tariffs are having a clear and negative impact on global economic activity, prompting the central bank to revise down its projections for global growth. Speaking to Read more…
Summary The widely expected decision by the FOMC to keep rates on hold at today’s policy meeting was universally supported by all 12 voting members of the Committee. In its post-meeting statement, the FOMC noted Read more…
The Fed maintained its policy rates unchanged in the May meeting, as widely expected. QT continues unchanged also as expected. Powell emphasized that the Fed is in a good place amid the high uncertainty and Read more…
Key Highlights Gold found support near $3,200 and started a fresh increase. A key bullish trend line is forming with support at $3,285 on the 4-hour chart. EUR/USD is still consolidating gains below the 1.1420 Read more…
The current market cycle for Light Crude Oil (CL), starting from its high on January 15, 2025, is unfolding as a double three Elliott Wave pattern. This technical structure suggests a corrective phase with alternating Read more…
EURNZD: ⬆️ Buy EURNZD reversed from support level 1.8845 Likely to rise to resistance level 1.9200 EURNZD currency pair recently reversed from the support level 1.8845 intersecting with the lower daily Bollinger Band and the Read more…
AUDCHF: ⬇️ Sell AUDCHF reversed from resistance zone Likely to fall to support level 0.5235 AUDCHF currency pair recently reversed down from the resistance area between the major resistance level 0.5375 (former multi-month low from Read more…
NZDUSD: ⬇️ Sell NZDUSD reversed from the resistance zone Likely to fall to support level 0.5900 NZDUSD currency pair recently reversed down from the resistance zone between the key resistance level 0.6020 (which has been Read more…
EURAUD: ⬆️ Buy EURAUD reversed from the support zone Likely to rise to resistance level 1.7700 EURAUD currency pair recently reversed from the support zone between the support level 1.7415 (former resistance from the start Read more…
Late last month, Uber (UBER) decided to hop on a controversial trend in corporate America. Uber CEO Dara Khosrowshahi sent a stern email to employees warning them that the company will be scaling back remote Read more…