smileking
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Silver extends the rally: Elliott Wave update [Video]
We talked about silver last week on September 05, where we mentioned and highlighted an ongoing five-wave bullish impulse. CLICK HERE Silver is moving higher as expected, pushing even beyond 40, to new highs of the year, so it’s clear that higher degree wave four is finished as a flat correction bac
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DXY: Two-way intraday trades – OCBC
US headline PPI unexpectedly declined in August — marking its first drop in four months, with core readings (exclude food and energy) also surprised to the downside, OCBC's FX analysts Frances Cheung and Christopher Wong note. Two-way intraday trading for the DXY "A softer-than-expected US PPI reinf
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EUR/USD outlook: Larger bulls remain in play ahead of key economic events
EUR/USD EURUSD extended pullback on early Wednesday, following nearly 0.5% drop on Tuesday, but fresh bears were so far limited despite initial negative signal on formation of bearish engulfing pattern on daily chart. Initial Fibo support at 1.1690 (23.6% of 1.1391/1.1780) reinforced by 10DMA provid
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GBP/USD presses resistance as Dollar softens into data-heavy week
Market overview Sterling starts September with a modest bid while the dollar eases, as traders look past the U.S. Labor Day lull to a run of American manufacturing readings and broader labor-market updates later in the week. A fresh dip in the greenback reflects elevated odds of a September Fed cut,
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16 Candlestick Charts Traders Need to Know
Candlestick charts are one of the most widely used tools in technical analysis, offering traders a clear and concise way to interpret price movements over specific time intervals. Each candlestick captures four key data points—the open, high, low, and close—providing valuable insight into market beh
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WTI gains momentum above $63.50 as hopes for Russia-Ukraine peace deal fade
WTI price gains traction to near $63.40 in Monday’s Asian session. Waning prospects for an immediate Russia-Ukraine peace deal boost the WTI price. Oil traders will focus on the API weekly crude oil stock report later on Tuesday. West Texas Intermediate (WTI), the US crude oil benchmark, is trading
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GBP/USD jumps past 1.3500 as Powell leans dovish
GBP/USD rallies near 1.3500 as Fed Chair Jerome Powell hints at renewed easing cycle during Jackson Hole speech.Powell: “Downside risks to the labor market are rising,” boosting September cut odds from 75% to 90%.Fed balance: tariffs could drive one-time inflation, while stagflation risks emerge fro
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USD/CAD softens to near 1.3900 ahead of Powell's Jackson Hole speech
USD/CAD weakens to around 1.3905 in Friday’s early Asian session.Flash US S&P Global Manufacturing PMI surprises to the upside in August. A recovery in crude oil prices lifts the commodity-linked Loonie. The USD/CAD pair loses traction to near 1.3905, snapping the three-day winning streak during
