West Texas Intermediate (WTI) oil faces increasing pressure due to slowing demand from China, the world's largest oil consumer. China's economy continues to grow at a sluggish pace, and recent data showed that its manufacturing activity hit a...
The pair experienced a sharp decline on Thursday, dropping by half a percent and marking one of its worst trading sessions in the latter half of the year. This downturn followed disappointing Purchasing Managers Index (PMI) data from across the...
EURUSD TRADE UPDATE 17 10 24 \/ Trade Closed with a SOLID GAIN. Previous Post: Trade Close Summary. PARTNER WITH ME. SUBSCRIBE TO MY TRADING. JOIN ME CONTACT CHANNELS: SKYPE: cid.4420e75e7a4b7bc7 Or SKYPE USERNAME: Hump DD EMAIL:...
The pair has seen limited downside, with the U.S. dollar maintaining its recent gains after stronger-than-expected economic data. However, dovish comments from the Federal Reserve may cap further advances for the greenback. Investors are now focused...
Hello traders, welcome to a new post on the Forex blog. In this article, we will look at the short-term Elliott wave analysis of AUDUSD. We believe that the forex pair is still in a bearish correction cycle since the end of September 2024. So the...