How Far Can USDJPY Go?
The yen weakened to its lowest level since 1998, with the USDJPY breaking above the 140 handle. Through the week, the pair rose...
Intraday Market Analysis – CAD continues to weaken
USDCAD to test key resistance
The Canadian dollar softens after Q2 GDP missed expectations. A rally above 1.3060 prompted sellers to hedge their bets,...
USDCAD Minor Wave Z To End Near 1.332
The current time frame of USDCAD shows the internal structure of the long-term corrective wave (4) of the intermediate degree. This is part...
German, Swiss Retail Sales for July, and Potential Improvement
Retail sales have returned to the forefront of analysts' minds. Especially now in Europe, with the ECB raising rates. On the one...
Global August PMIs: The End of Optimism?
Thursday is expected to be one of the most active days of the week, with a flurry of economic data expected throughout the day....
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EuroZone CPI and EU Market Turmoil
Tomorrow, Germany reports CPI figures for July. That gives us a first look at what to expect from inflation data from the Eurozone...
The Week Ahead – US Fed may not yield to market pressure
EURUSD weakens on gloomy outlook
The US dollar remains strong on the prospect of continued tariffs. The euro's failure to defend parity revealed a...
Forex Implications of US-Europe Wage Divide
As we all know, both the US and Europe (to include the UK along with the EU) are experiencing high inflation. However, how...
GBPUSD Will The Cycle Wave z Continue?
The structure of the currency GBPUSD suggests the formation of a global corrective triple zigzag wxyxz. On the 1H time frame, we see...