Positive Risk Sentiment – Action Forex

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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

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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

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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

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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?

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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

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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

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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!

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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

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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

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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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