Introduction to Elliott Wave Analysis – Part II
Today, join our Head Market Analyst Stuart, in the second and final part of Elliott Wave Analysis in which he will demonstrate the more advanced concepts of this popular approach…
Read More »Live Analysis – August 18 2020 – USD Woes Continue
Take an in-depth look at the latest developments in the markets with today’s Live Analysis webinar! Join Stuart, as he analyses major FX, commodity and stock market updates to help…
Read More »FX Update – August 14 – USD Consolidates at lows
EURUSD, H4 The main currencies have settled in narrow ranges, with the Dollar consolidating above yesterday’s lows after a two-day decline. The USDIndex (DXY) has steadied in the lower 93.0s,…
Read More »A Strong PPI reading ahead of CPI tomorrow
EURUSD, H1 The July US PPI report beat estimates with gains of 0.6% for the headline and 0.5% for the core, as prices continue to ratchet higher after the big…
Read More »More mixed news on US Jobs ahead of NFP
US initial jobless claims dropped -249,000 to 1,186,000 in the week ended August 1. That breaks a worrisome rise in claims the prior two weeks with a revised 13,000 uptick…
Read More »Sterling Storms On
GBPUSD, H1 Cable has pinned a new five-month peak at 1.3145. The pair is now firmly back in pre-lockdown territory. The UK currency still registers as the weakest of…
Read More »BoC and Live Analysis
US Equity futures are rallying. Risk appetites surged following news of a possibly successful coronavirus vaccine. Markets await the BoC policy decision soonish. Click here to access the HotForex Economic Calendar Stuart…
Read More »FX Update – Risk On Ahead of Earnings Season
AUDUSD & XAUUSD, H1 Risk-on positioning has seen the Dollar and Yen soften in currency markets. The narrow trade-weighted USDIndex fell below Friday’s low at 96.44 on route to 96.32….
Read More »Another mixed US data set
USDJPY, H1 Another mixed set of US data today, with the Weekly Claims once again falling but just as importantly missing expectations. Durable Goods were a positive beat but the…
Read More »FX Update – June 19 – Mixed Markets
Narrow ranges have been prevailing among Dollar pairings and cross rates against a backdrop of uncertainty in global markets. Most stock markets have lifted out of lows over the last…
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