There is potential for AUD to test 0.6535; mild momentum suggests a clear break above this level is unlikely. In the longer run, bias remains…
On Monday, representatives from the US and China met in London for trade talks. Prior to the meeting, it was reported that Chinese exports had…
A large majority of 59 economists polled by Reuters expect the Bank of England (BoE) to cut the policy by 25 basis points (bps) in…
![COST Elliott Wave technical analysis [Video]](https://editorial.fxsstatic.com/images/i/General-Stocks_3_Large.png "COST Elliott Wave technical analysis [Video]")
COST Elliott Wave technical analysis Function: Counter Trend. Mode: Corrective. Structure: Flat. Position: Wave 2 of (C). Direction: Downside in Wave 2. Details: The current setup…
US-China trade talks continue in London, lifting WTI prices above $64.00 on improved demand outlook. The US NFIB Index for May shows improved Business Optimism,…
New Zealand Dollar (NZD) may test the 0.6070 level before levelling off against US Dollar (USD); the major resistance at 0.6095 is likely out of…
The Dollar treads water against the Yen in a quiet market session. Investors are looking from the sidelines, awaiting news from the US-China meeting. Dovish…
EUR/NOK is retreating after failing to break above the key resistance zone of 12.05–12.12, marking last year’s highs. The pair has established a short-term floor…
The Canadian Dollar (CAD) is entering Tuesday’s NA session unchanged from Monday’s close, recovering from mild weakness observed in late Asian / early European trade,…
The Euro (EUR) is also entering Tuesday’s NA session unchanged vs. the US Dollar (USD) with a modest recovery of mild late Asian/early European session…