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USDCAD Technical Analysis: The US dollar weakens on dovish Fed bets | investingLive
Fundamental Overview The USD weakened across the board yesterday following soft ADP data and a Bloomberg report saying that Hassett emerged as the frontrunner for the Fed Chair position. The greenback was already under some pressure caused by Fed’s Williams endorsement for a December cut on Friday. The probability for a December cut is now…
RBA To Hold, Hike Next – Orbex Forex Trading Blog
RBA To Hold, Hike Next – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link
Weekly charts Aug 3. – Forex Forum
Weekly charts Aug 3. USDJPY WEEKLY CHART – WEEKLY OUTLOOK It took 18 weeks to go from 145.89 => 161.93 and 4 weeks to almost fully retrace the move. Potential targets are at 145.89 (and 145.00) as long as it trades below 148.50. Beyond that is a void to the 140s. Only back above…
WTI drifts lower to near $62.00 on talks to end Russian invasion of Ukraine
WTI price tumbles to around $62.05 in Wednesday’s early Asian session. The White House said Russia-Ukraine meeting plans are ‘underway’ following Trump meetings. US crude inventories fell 2.4 million barrels last week, API said. West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.05 during the early Asian trading hours on Wednesday. The WTI…
Chart Art: EUR/GBP Testing Descending Channel Support
This forex pair has been cruising lower inside a falling channel on its 4-hour time frame, and it looks like another test of support is taking place. Will it bounce or break this time? Check out these near-term inflection points I’m watching: EUR/GBP 4-hour Forex Chart by TradingView A combination of dovish ECB rhetoric and…
Why We Tip Our Hat to Warren Buffett
One would think that investors would be emulating their #1 hero. One would be wrong. By Elliott Wave International Warren Buffett recently acknowledged that he’s playing in overtime in this thing we call life. At 93, the acclaimed investor is still very much in the game and making his moves. Our August Elliott Wave Theorist…
