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Elliott wave update of eurusd – april 19th, 2023
With the Fed expected to raise rates again in early-May, it is not hard to understand why EURUSD is trading down this week. How much lower can the for...
Usd/chf daily outlook
Daily Pivots: (S1) 0.8947; (P) 0.8970; (R1) 0.8985; More… Intraday bias in USD/CHF stays neutral and outlook is unchanged. Another decline cannot be...
Aud/usd daily report
Daily Pivots: (S1) 0.6696; (P) 0.6722; (R1) 0.6753; More… Intraday bias in AUD/USD remains neutral as corrective pattern from 0.6563 is still extend...
Usd/cad daily outlook
Daily Pivots: (S1) 1.3365; (P) 1.3383; (R1) 1.3407; More…. Intraday bias in USD/CAD remains neutral as it’s staying in the corrective pattern from...
Eur/chf daily outlook
Daily Pivots: (S1) 0.9817; (P) 0.9830; (R1) 0.9849; More… EUR/CHF is staying in consolidation above 0.9797 temporary low and intraday bias remains n...
Eur/jpy daily outlook
Daily Pivots: (S1) 146.80; (P) 147.09; (R1) 147.45; More…. Upside momentum remains unconvincing in EUR/JPY as seen in 4H MACD. Still, further rally ...
Time to take note of japan’s stock market again
Emerging markets and China’s risk premiums over Japan have been narrowed. Japan is considered a potential defensive play as its stock market valuati...
Usd consolidates gains
USD/CAD bounces off critical floor The Canadian dollar retreats as the annual CPI showed a deceleration last month. The pair is still holding on to th...
Technical outlook and review
DXY: The US Dollar Index (DXY) is currently experiencing a bearish momentum with a potential for further downward movement. The first support level is...
European equities open the day on a softer note
Eurostoxx -0.3%Germany DAX -0.2%France CAC 40 -0.1%UK FTSE -0.3%Spain IBEX -0.1%This comes with US futures also being marked lower at the moment, as S...
Uk cpi gives boe little choice but to continue hike cycle
Markets With only second tier data on the agenda, yesterday brought a session of order-driven, technical trade. ECB and Fed speakers mainly held to re...
Uk cpi slowed to 10.1% yoy, core cpi unchanged at 6.2% yoy
UK CPI slowed from 10.4% yoy to 10.1% yoy in march, above expectation of 9.8% yoy. CPI all goods index slowed from 13.4% yoy to 12.8% yoy. But CPI all...
Usoil triple zigzag or double three?
There is a high probability that a long-term corrective trend has ended for USOIL. This trend took the form of a primary triple zigzag consisting of s...
Gbpaud technical analysis and short term forecast
Hi Traders! GBPAUD technical analysis and short term forecast post is here. The way I would like to analyze the chart for setups is based on multi-tim...
Boe rates pricing shows 95% probability baked in already for a 25 bps rate hike in may
The terminal rate pricing has also shifted higher by roughly 14 bps to near 5% now as seen above, with the implied market rate for November seen at 4....
Equities, other risk assets face hit as $800 bn stimulus to fade, says citi
The risk rally has been fueled by the injection of over $1 trn of central bank liquidity, and high-frequency liquidity indicators suggest this is alre...
Gbp/usd rises 25+ pips as bulls approach 1.2450 on strong uk inflation
GBP/USD prints a 27 pip worth of jump as the UK’s headlines inflation data offered positive surprise in March. That said, the Cable pair renews intr...
Breaking news: uk inflation holds above 10% for the 7th consecutive month
GBP/USD remained quietly cautious after elevated inflation data ‘hawkishly’ re-priced the BoE’s interest rate path......
Ibm earnings – what to watch out for?
The company International Business Machines (IBM) is due to drop its much-anticipated first quarter earnings report on the 19th of April following the...
Gold stumbles back below $2,000 mark as dollar catches a bid
Hotter-than-expected UK inflation isn't really benefiting the pound as much as it is the dollar at the moment it would seem. The report here is posing...
[latest report] global bread market size/share worth usd 291.29 billion by 2030 at a 3.66% cagr: custom market insights (analysis, outlook, leaders, report, trends, forecast, segmentation, growth, gro
[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Bread Market size &...
[latest report] global bread market size/share worth usd 291.29 billion by 2030 at a 3.66% cagr: custom market insights (analysis, outlook, leaders, report, trends, forecast, segmentation, growth, gro
[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Bread Market size &...
Uk inflation defies gravity with an inflation rate of 10.1% in march
The UK inflation report returns the focus to the BoE today. An annual inflation rate of 10.1% coupled with the latest wage growth numbers favored the ...
Intraday analysis – usd consolidates gains
USDCAD bounces off critical floor The Canadian dollar retreats as the annual CPI showed a deceleration last month. The pair is still holding on to the...
Boj's shimizu: appropriate to continue easing policy for the time being
CPI growth likely to slow below 2% around the middle of fiscal year 2023Will conduct appropriate policy with eye on 2% inflation targetIt's a bit of a...
Bond yields jump on sticky uk inflation data
Double-digits inflation in the UK is posing fresh questions to the market, as to whether higher and more sticky inflation had been too quickly ruled o...
Hot uk inflation knocks down market sentiment
That is leading to a bit of a selloff in bonds and equities at the moment, with S&P 500 futures falling by 12 points or 0.3% at the moment:Meanwhile, ...
Gbp/usd eyeing higher prices ahead of widely watched uk cpi data
GBP/USD Currency Pair Projecting Further Upside Kicking things off with a look at where we are on the weekly scale, buyers appear reluctant to push be...
Sweepay and smart valor brings crypto to masses at national railways, retailers
SMART VALOR and SweePay has partnered to ensure that the purchase of cryptocurrencies is simple, smooth and secure. Read Full Story at source (may req...
Usd/cad aims to sustain decisively above 1.3400 amid upbeat fed rate hike bets
USD/CAD is looking to shift its auction above 1.3400 as hawkish Fed bets are steady. Tuesday’s release of Canada’s CPI confirmed that the BoC will...
Closing bell: silver bullion trust cad etf non cur down on tuesday (sbt-b)
Detailed price information for Silver Bullion Trust CAD ETF Non Cur (SBT-B-T) from The Globe and Mail including charting and trades. Read Full Story a...
This investor is positive on china’s equities after better-than-expected data
“We are positive on China,” said Stephanie Monier, Chief Investment Officer at Lombard Odier. He added that inflationary concerns from China’s r...
Gold price today: yellow metal loses lustre; akshaya tritiya likely to spur demand
Gold could test Rs 63,000 to Rs 65,000 per 10 grams on MCX while Silver futures are ($2100 to $2200) expected to make new record highs of Rs 78,000-80...
Eur/usd risks further weakness near term – uob
UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang suggest EUR/USD could face some downside pressure in the next few weeks. Key...
Eurostoxx futures -0.2% in early european trading
German DAX futures -0.1%UK FTSE futures -0.1%Well, the hot UK inflation numbers not only is impacting the pound but is also weighing slightly on equit...