Buying the dips at the blue box area
In this technical blog we’re going to take a quick look at the Elliott Wave charts of XLI ETF, published in members area of the website. As our members know XLI is…
US Dollar’s Outlook Rides on US Inflation Data
US DOLLAR FORECAST – EUR/USD, USD/JPY, GBP/USDThe U.S. dollar finishes the week moderately lower, easing off multi-month highsAll eyes will on the March U.S. inflation report in the week aheadThis…
Forexlive Americas FX news wrap: US dollar jumps on hot NFP and then gives it back
Markets:Gold up $33 to $2323WTI crude oil up 14-cents to $86.73US 10-year yields up 8.1 bps to 4.39%S&P 500 up 57 points to 5204USD leads, CAD lagsAs we wind down…
Nonfarm Payrolls to test bets of Fed rate cuts for June
US Nonfarm Payrolls are seen rising by 200K in March after February’s 275K increase. The United States Bureau of Labor Statistics will publish the labor market report at 12:30 GMT.…
Dow, Nasdaq 100 and Hang Seng Look to Push Higher
With Q1 posting a strong showing for US equities, find out if the second quarter is likely to perform in much the same way by reading our comprehensive Q2 equities…
Nasdaq Composite Technical Analysis | Forexlive
Yesterday, the Nasdaq Composite opened the day lower but traded mostly higher into the close. The market got pressured by the strong US ISM Manufacturing PMI report on Monday which…
Consolidates around 1.3580 ahead of US job data
USD/CAD trades lacklustre around 1.3580 as the focus shifts to US JOLTS Job Openings data. Traders pare Fed rate cut bets for June on strong US Manufacturing PMI. USD/CAD is…
Q2 Top Trade – Sell 10 Year UK Gilt Yields
The Bank of England (BoE) turned dovish in the past few days and this means that a UK interest rate cutting cycle is on the way, and perhaps sooner than…