How to chart, draw, and trade with Fibonacci Extensions
Forget about reading and learning chart patterns, following the news, and economic data. Let the Fibonacci sequence show you where stock prices, stock indexes, bonds, interest rates, commodities like gold,…
Read More »Forexlive Americas FX news wrap: The yen rebounds strongly as US retail sales eyed
US October retail sales control group -0.1% vs +0.3% expected US November Empire Fed manufacturing survey +31.2 vs -0.7 expected US October industrial production -0.3% vs -0.3% expected US September…
Read More »Forexlive Americas FX news wrap: US dollar climbs, yields retreat
Canada October employment change +14.5K vs +25.0K expected UMich November prelim consumer sentiment 73.0 vs 71.0 expected Baker Hughes oil rigs 479 unchanged on the week Trump asks Robert Lighthizer…
Read More »Forexlive Americas FX news wrap: Consumer sentiment edges higher but market sentiment sags
US UMich October final consumer sentiment 70.5 vs 69.0 expected US September durable goods orders -0.8% versus -1.0% expected Canada August retail sales +0.4% vs +0.5% expected Canada Sept new…
Read More »Crude oil price forecast π’οΈπ
Crude Oil Price Forecast: Navigating the Next Moves π’οΈπ Hello traders and investors! This is Itai Levitan, an experienced market analyst at ForexLive.com, tracking crude oil for you today as…
Read More »Forexlive Americas FX news wrap: US dollar strengthens despite slightly cooler PCE report
US July core PCE +2.6% y/y vs +2.7% expected OPEC+ is likely to proceed with a planned gradual production increase from Oct — report US August UMich final consumer sentiment…
Read More »Forexlive Americas FX news wrap: Gold hits an all time high above $2500
US August prelim UMich consumer sentiment 67.8 vs 66.9 expected US July housing starts 1.238M vs 1.330M expected China issues new gold import quotas after pause — report Fed’s Goolsbee:…
Read More »Forexlive Americas FX news wrap 12 Jul: PPI not as friendly as the CPI
The Dow Industrial Average average can’t close at a record but closes just above 40,000 The 2-10 year yield rises to -27.3 basis points. A close here will be highest…
Read More »Forexlive Americas FX news wrap: BIg moves and big angst in the Middle East
University of Michigan consumer sentiment 77.9 vs 79.0 estimate Reports of 30-50 missiles launched from Lebanon at Israel Sen Rubio: “Barring some last-minute development, Iran is going to attack Israel”…
Read More »Forexlive Americas FX news wrap: US dollar jumps on hot NFP and then gives it back
US March non-farm payrolls +303K vs +200K expected Canada March employment -2.2K versus +25K expected US February consumer credit outstanding +14.12B vs +15.0B expected Fed’s Bowman: It is not yet…
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