Daily Pivots: (S1) 150.87; (P) 151.53; (R1) 152.58; More… Intraday bias in USD/JPY remains on the upside for retesting 153.26. Break there will resume larger rally from 139.87 to 100% projection of 142.66 to 150.90 Read more…
The forex market turned noticeably quieter in Asian session today, with traders taking a breather after the risk-on rally seen earlier in the week. Most major pairs and crosses remain confined within last week’s ranges, Read more…
The short-term Elliott Wave analysis for the S&P 500 E-Mini Futures (ES) indicates the Index is currently in the final leg of wave (5), originating from the April 2025 low, before a larger three-wave correction Read more…
Gold and Silver saw heavy selling this week, pausing their record-setting advance as traders took profits and liquidity conditions improved. The decline has raised questions about whether the market is entering a deeper downturn, but Read more…
Japan’s exports rose in September for the first time in five months, signaling tentative recovery in external demand even as shipments to the U.S. continued to contract sharply. Exports climbed 4.2% yoy to JPY 9.41T, Read more…
Gold prices saw a sharp decline on Tuesday, on track for their steepest daily drop in five years, as investors sold the precious metal. A stronger US dollar and the decision by traders to take Read more…
Gold price collapsed on Tuesday, falling around 6% in the biggest daily drop since 2020, after hitting a series of new record highs in past few sessions. Correction was not a surprise as daily studies Read more…
Gold: ⬇️ Sell Gold reversed from key resistance level 4370.00 Likely to fall to support level 4000.00 Gold falling strongly after the price made 3rd failed attempt to break above the key resistance level 4370.00 Read more…
USDCHF: ⬆️ Buy USDCHF reversed from support area Likely to rise to resistance level 0.8050 USDCHF currency pair recently reversed from the support area between the powerful multi-month support level 0.7900 (which has been reversing Read more…
The retail sector has faced growing economic challenges since the Covid-19 pandemic, leading to financial distress, store closings, and bankruptcy filings. Among the issues retailers have faced are higher costs of labor and products driven Read more…