Fed’s Bowman reiterates that more hikes might be need to bring down inflation German Industrial Production fell to a 6-month low US inflation data expected to support a September pause, but possible coin flip for Read more…
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of Dollar Index. As our members know, DXY has recently given us correction against the 104.72 Read more…
Summary Last year, we released a three-report series that outlined a couple methods to predict recessions and monetary policy pivots. Today, all three major tools still signal a recession within the next year. Despite the Read more…
GBP/USD is struggling to gain pace above the 1.2800 resistance. EUR/GBP is rising and might rise above the 0.8650 resistance. Important Takeaways for GBP/USD and EUR/GBP Analysis Today The British Pound is attempting a fresh Read more…
GBP/USD is struggling to gain pace above the 1.2800 resistance. EUR/GBP is rising and might rise above the 0.8650 resistance. Important Takeaways for GBP/USD and EUR/GBP Analysis Today The British Pound is attempting a fresh Read more…
EUR/USD: Dollar Bulls Disappointed by NFP Throughout the past week, leading up to Thursday, August 3, the dollar continued to strengthen its position and build on the offensive that began on July 18. It appears Read more…
Daily Pivots: (S1) 0.8609; (P) 0.8628; (R1) 0.8656; More… Intraday bias in EUR/GBP remains neutral for the moment as sideway trading continues. On the downside, below 0.8543 will target a test on 0.8502 low. Decisive Read more…
Daily Pivots: (S1) 0.6536; (P) 0.6573; (R1) 0.6605; More… Intraday bias in AUD/USD remains neutral for consolidation above 0.6513. Current development argues that larger fall from 0.7156 is still in progress. Below 0.6513 will bring Read more…
Key Highlights EUR/USD is consolidating above the 1.0920 support. A major bearish trend line is forming with resistance near 1.1030 on the 4-hour chart. GBP/USD is attempting a fresh increase from the 1.2600 zone. USD/JPY Read more…
Key Highlights EUR/USD is consolidating above the 1.0920 support. A major bearish trend line is forming with resistance near 1.1030 on the 4-hour chart. GBP/USD is attempting a fresh increase from the 1.2600 zone. USD/JPY Read more…