Positive Risk Sentiment – Action Forex

Market movers today The US JOLTS data will provide more information on jobs and the rate of layoffs. Both are elevated now, reflecting high...

Market Morning Briefing: Aussie Is Now Trading Just Above 0.7100

STOCKS Most global indices among the ones mentioned below have risen sharply above 1% except Shanghai, which has risen by 0.71% today. The strongest...

NZD/USD Could Extend Decline Below 0.6700

Keys NZD / USD started a major decline of well over 0.7000. A decisive bearish trend line is forming with resistance near 0.6840 on the 4-hour...

Elliott Wave View: AUDUSD Corrective Zigzag Rally In Progress

AUDUSD shows a 5-swing incomplete bearish sequence from February 2021 peak favoring a further low to complete a 7-swing double three Elliott Wave structure....

Asian Open: Santa’s Rally Back On Track?

Asian Futures: Australia’s ASX 200 futures are up 22 points (0.3%), the cash market is currently estimated to open at 7,335.90. Japan’s Nikkei 225 futures are...

Stocks Push Higher Again – Action Forex

We see improvements in risk appetite again on Tuesday as fears surrounding Omicron continue to decline after earlier reports of less severe symptoms. This is...

WTI Futures Recover Lost Ground; Buyers Gain Confidence

WTI oil futures are piloting higher beyond the 50-period simple moving average (SMA) and the Ichimoku cloud. The recent strong build-up, which began on...

Nonfarm Productivity and Unit Labor Costs Surprise Markets!

Usually regulated to second-tier data, the final look at Nonfarm Productivity and Up to Labor Costs for Q3 has come out worse than markets...

FCA Announces Changes in Its Executive Committee

On December 6, the Financial Conduct Authority (FCA), the UK's financial market regulator, announced changes to its Executive Committee. Following an open competition...

WTI Oil Outlook: Oil Prices Extend Recovery on Fading Omicron Fears, Iran

WTI oil is accumulating during the second straight day and is accelerating well above the psychological $ 70 level, in an extension of Monday’s...
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