AUD/USD: The next level to watch is 0.6400 – UOB Group
Provided that 0.6490 remains intact, the Australian Dollar (AUD) could decline further; the major support at 0.6400 is unlikely to come into view. In the longer run, further AUD weakness still appears ...
DXY: May enter into consolidation – OCBC
The US Dollar (USD) continued to hover near recent highs amid Trump policy uncertainty, a possible return to US exceptionalism and less dovish Fedspeaks. DXY was last at 106.55 levels, OCBC’s FX ...
GBP/USD: Set to retest the 1.2630 level – UOB Group
Scope for the Pound Sterling (GBP) to retest the 1.2630 level; the major support at 1.2615 is unlikely to come under threat. In the longer run, GBP is expected to continue to weaken to 1.2615, ...
EU Commission: Eurozone economy seen picking up in 2025 and 2026
In its quarterly assessment published on Friday, the European Commission projects a bright Eurozone economic outlook for 2025 ...
GBP/USD makes half-hearted bounce as USD traders take profit
GBP/USD retreats to support in the mid-1.2600s (red dashed line in the chart below) and makes a half-hearted stand. However, ...
China: A good start to Q4 with stronger retail sales – Standard Chartered
Retail sales growth jumped 1.6ppt from September to 4.8% y/y in October, beating market expectations for two straight months, thanks to the consumer goods trade-in programme and the early start of the ...
EUR/USD: Bulls can test 1.0580 short term – UOB Group
Momentum has slowed somewhat; any further decline is likely part of a lower trading range of 1.0490/1.0580. In the longer run, price action continues to suggest EUR weakness; the next support level is ...
USD/CAD: What’s next after a four-year high?
EUR/USD rebounds to near 1.0550 in the European session on Friday, snapping its five-day losing streak. The renewed upside is ...
S&P/TSX 60 index Elliott Wave technical analysis [Video]
The analysis of the S&P/TSX 60 daily chart by Trading Lounge highlights a continuing upward trend within the Canadian stock index. The current structure follows an impulsive Elliott Wave formation, ...
Elliott Waves: Gold touches important support, but more weakness after rally
Gold is stabilizing around 2546, a level from mid-September when the Fed decided to cut rates. Back then, we saw some ...
US yields and the US Dollar continue to push higher [Video]
US yields and the US dollar continue to push higher, major peers test important technical levels, crude oil remains under pressure, while US indices start worrying about a hawkish readjustment in Fed ...
Is Bitcoin on shaky ground? Market signals reflect patterns
Per data tracked by crypto financial platform BloFin, the implied probability distribution now shows a "left shift," suggesting that the market participants see a higher probability of BTC trading at ...