The euro recovers as record high inflation in September cements expectations for another large ECB rate hike. An oversold RSI on the daily chart attracted some buying interest, but this could turn out to be a mean reversion trade rather than a sustained recovery. 0.9890 on the 20-day moving average is a resistance and trend […]
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The yen is slightly higher on Friday. In the European session, USD/JPY is trading at 157.89, down 0.12% on the day. Japan’s household spending continues to decline Japanese consumers are holding tight on the purse Read more…
The Canadian dollar started the week with strong gains but has shown little movement since then. In the European session, USD/CAD is trading at 1.4411, up 0.12% at the time of writing. We could see Read more…
In this technical article we’re going to take a quick look at the weekly Elliott Wave charts of Oil Futures (CL_F) , published in members area of the website. As many of our members are Read more…