Stock futures move lower as Russia-Ukraine crisis simmers; Walmart earnings on deck with price rises, wage costs in focus; Nvidia shares slip lower as crypto concern clouds gaming sales strength; Applied Materials shares leap on Read more…
In this technical blog, we will look at the past performance of 1 hour Elliott Wave Charts of AUDUSD. In which, the decline from 13 January 2022 high unfolded as an impulse sequence and showed Read more…
WTI oil futures (March delivery) drifted higher during the early European trading hours on Thursday in an attempt to pare the two-day losing streak which stalled around the 90 level. The market is still in Read more…
The US 500 stock index (cash) has been in a recovery mode since its short-term decline halted at the seven-month low of 4,220. Although the index’s upside move experienced a minor pullback, the near-term picture Read more…
Oil prices faltered after a surprise rise in US inventories. WTI hits resistance at September 2014’s high (95.50). The RSI’s repeated overbought situation on the daily chart may restrain the bullish fever. A bearish RSI Read more…
The sterling finds support from upbeat readings in the UK’s CPI and retail sales. The rally came under pressure in the supply zone around 1.2600. A retreat below 1.2500 has shaken out some weak hands Read more…
The Canadian dollar rose after January’s CPI exceeded expectations. The recent triple top near 1.2800 at the origin of the January sell-off is a sign of strong bearish pressure. A combination of profit-taking and new Read more…
EUR/USD Trading remains limited below the psychological level of 1.1400 as the bulls still cannot gain enough momentum to violate this zone. The expectations for today’s trading session are for the bears to re-enter the Read more…
The US dollar was little changed in the overnight session after the latest US retail sales numbers and the Federal Reserve minutes. According to the country’s statistics agency, retail sales jumped by 3.8% in January Read more…
Markets FOMC Minutes offered little additional flavour to what’s commonly known. The Fed will implement a first rate hike soon and participants agreed that “if inflation does not move down as they expect, it would Read more…