EUR is emerging as the next strongest safe haven: HSBC

3M Company with ticker MMM was trading in a larger A-B-C correction within a higher degree wave IV for the last 5 years, but we have been warning about strong support with equal wavelength of waves A=C already back in 2023. MMM Weekly Chart from June 2023 As you can see now in 2024, we…

Ant International revealed Wednesday that it has partnered with Barclays to enhance global treasury management using artificial intelligence.  The company introduced a new FX solution that aims to lower costs and improve risk forecasting for businesses navigating currency volatility. At the core of the collaboration is Ant’s proprietary Time-Series Transformer (TST) AI FX Model, which…

The EUR/USD pair has shown price action recently, suggesting a possible shift in short-term trends. Let’s break down the key levels and potential scenarios for traders to watch. Recent Price Action Support found above 1.0890 Resistance encountered below 1.1010 This pattern indicates that after a short-term decline, EUR/USD may be poised for an upward movement….

USD/JPY Outlook USD/JPY Outlook and Random Musings from the Savvy Trader USD/JPY Forecast: Watching the 141 Support Level When it comes to USDS/JPY, the last meaningful level of support I see—purely from a technical chart perspective—is 141. Am I saying this because I know something the market doesn’t? Not really. I’m just looking at the…

The Australian dollar has started the week with gains. AUD/USD touched a high of 0.6850, its highest level this year. In the North American session, the Australian dollar is trading at 0.6842, up 0.51% on the day. Reserve Bank expected to hold rates The Reserve Bank of Australia is expected to maintain the cash rate…