The USD/JPY pair pulled back from its highest levels since July, retreating to 156.50 following the release of US Personal Consumption Expenditure (PCE) data. Softer inflation metrics, coupled with ...
DXY slips as profit-taking sets in, falling toward 107.80. Traders parse disinflationary PCE data after Fed’s hawkish cut on Wednesday. The soft inflation readings might not alter the ‘wait and see’ ...
The AUD/USD is extending its gains for a second consecutive day. The Relative Strength Index (RSI) stands near 33, rebounding ...
Amgen stock gained more than 2% in Friday’s morning session after foreign weightloss drug competitor NovoNordisk (NVO) ...
Since our previous Video blog about SUI, the coin rallied more than 900%. Therefore, we’ll be looking at the daily Elliott Wave Structure and explain the current structure within the cycle.
The GBP/USD pair rebounded towards 1.2540 after the release of US inflation data and the Bank of England's (BoE) monetary policy decision on Thursday. While the pair benefited from ...
That generalization can be misapplied, however, in cases where the Fed is reacting to changes in relative interest rates. That is, sometimes the Fed’s action pushes interest rates in one direction or ...
EUR/USD gains on Friday, settling near 1.0395 after Wednesday’s steep decline. RSI rises sharply to 37, remaining in negative ...
If Fed policymakers were making wishes, they'd want services spending to cool, goods spending to pick up and for all of this ...
Should EURUSD prices increase, they may test the 5-day moving average around 1.0425. A further climb could bring prices toward the 10-day moving average at 1.0501. If prices break above the 1.0534 ...
US Dollar Index with ticker DXY is in a massive recovery and it’s unfolding a five-wave bullish cycle within higher degree ...
Enjoy today‘s reprieve and have a great pre-Christmas weekend!