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...
•••EUR/JPY: Navigating the Sideways Market••• The EUR/JPY currency pair has been stuck in a sideways market for quite some time, with neither bulls nor bears able to gain a definitive upper hand. Despite several attempts to push through key...
The yield on the benchmark 10-year U.S. government bond has dropped to its lowest level since mid-2023, as traders now price in a nearly 100% probability of a 50-basis point rate cut by the Federal Reserve in October. This overshadowed Tuesday's...
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...
For investors seeking fresh insights into the interest-rate outlook, all eyes will be on the U.S. Consumer Price Index (CPI) data for September. The inflation report is anticipated to reveal steady growth in both monthly headline and core CPI, with...