Risk aversion returned to Asia at the start of December, lifting Yen sharply across the board. The shift in sentiment coincided with a notable surge in Japanese government bond yields, with the 10-year jumping nearly Read more…
Jerome Powell‘s term as Federal Reserve Chairman doesn’t expire until May 15, 2026, but his successor may be named before Christmas. What that will mean is awkwardness and uncertainty for Powell and his successor. But Read more…
Silver’s outperformance against Gold continued into December, with the metal surging to another record high late last week and extending gains in Asian trading today. The rally highlights a stark divergence within precious metals: while Read more…
China’s RatingDog PMI Manufacturing fell back into contraction in November, dropping from 50.6 to 49.9 and missing expectations of 50.5. Founder Yao Yu said both production and demand slowed to levels near stagnation. While new Read more…
BoJ Governor Kazuo Ueda said the board will actively debate the “pros and cons” of raising interest rates at its December 18–19 meeting. He emphasized that the bank is now focused on whether firms’ “active Read more…
Japan’s Manufacturing PMI was finalized at 48.7 in November, slightly above October’s 48.2, but still pointing to contraction. S&P Global’s Annabel Fiddes noted that conditions remained challenging, with firms reporting “another solid decline” in new Read more…
Hello fellow traders, As our members know we have had many profitable trading setups recently. In this technical article, we are going to present another Elliott Wave trading setup we got in S&P 500 Index Read more…
Key Highlights EUR/USD started a decent increase above the 1.1550 resistance. A key bearish trend line is forming with resistance at 1.1600 on the 4-hour chart. GBP/USD started a recovery wave above 1.3200. USD/JPY is Read more…
Nasdaq-100 index: ⬆️ Buy Nasdaq-100 broke resistance zone Likely to rise to resistance level 0.3000 Nasdaq-100 index recently broke the resistance zone between the round resistance level 25000.00 and the resistance trendline of the daily Read more…
Dow Jones: ⬆️ Buy Dow Jones broke resistance zone Likely to rise to resistance level 48300.00 Dow Jones index recently broke the resistance zone between the resistance level 47000.00 and the 50% Fibonacci correction of Read more…