The short-term Elliott Wave view in Gold (XAUUSD) indicates that the cycle from the June 30 low concluded at $4695.89. This advance has been labeled as wave ((1)). A corrective pullback in wave ((2)) is Read more…
USD/JPY has tumbled from 160.38 through 158, not because of actual intervention but because fear of a repeat is shaping trader psychology near 160 — a fear reinforced by rapidly repricing BoJ tightening expectations, setting Read more…
Key Highlights WTI Crude Oil started a fresh surge above $90.00 and $91.20. A bullish trend line is forming with support at $87.50 on the 4-hour chart of XTI/USD. Gold started a consolidation phase below Read more…
China’s private-sector growth strengthened in August, with RatingDog PMI Services rising from 50.4 in July to 51.4, while PMI Composite climbed from 50.8 to 52.1. Services activity expanded at a faster, though still moderate, pace, Read more…
Japan’s services sector strengthened in August, with PMI Services rising from 51.2 in July to 52.5, marking a third straight month of expansion and strongest growth since March. New orders also accelerated from July’s 25-month Read more…
Australia’s service sector remained in solid expansion in August, though momentum eased slightly. PMI Services slipped from 53.6 in July to 53.2, while business activity rose for a third straight month. New orders increased for Read more…
USDJPY drops sharply in early US trading on Wednesday (down over 1%) after the pair hit the highest in almost five weeks (160.39) but bulls repeatedly failed to sustain gains above psychological 160 barrier. The Read more…
S&P 500: ⬆️ Buy – S&P 500 reversed from support zone – Likely to rise to resistance level 7765.00 S&P 500 index recently reversed from the support zone between the support level 7600.00 (former top Read more…
By its own admission, Tesla’s growth plans for Europe hinge on the European Union’s approval of its Full-Self Driving (Supervised) advanced driver assistance system. Tesla sales in the continent have rebounded from the pronounced decline Read more…