Japanese yen hits 5-mth high as dollar remains weak amid recession worries

U.K. inflation held steady at 3.8% y/y in September, unexpectedly coming in below the 4.0% forecast by economists and the Bank of England (BOE). The largest downward contributions came from food and non-alcoholic beverages, where inflation fell to 4.5% from 5.1% in August, marking the first slowdown since March. Recreation and culture prices also helped…

Gold – 19.03.2026 – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link

EUR/USD dipped to 1.0788 last week but quickly recovered. Initial bias remains neutral this week first. On the upside, firm break of 1.0894 will resume whole rally from 1.0601, and target 61.8% projection of 1.0601 to 1.0894 from 1.0788 at 1.0969. For now, risk will stay on the upside as long as 1.0788 support holds,…

2025.08.29 2025.08.29 XAU/USD: Elliott Wave Analysis and Forecast for 29.08.25 – 05.09.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 3,311.50 with a target of 3,600.00 – 3,800.00. A buy signal: the price holds above 3,311.50. Stop Loss: below 3,265.00, Take Profit:…

Introduction The world of forex trading is rich with tools promising to enhance technical analysis and improve entry/exit timing. One of the most talked-about tools in this space is the PivotLock ZigZag Indicator. Unlike its traditional counterpart, this version claims to offer more reliability by locking in signals after candle closure, preventing the dreaded repainting…