USD/CAD Price Forecast: Jumps To Near 1.3550
The USD/CAD pair climbs to near 1.3550 in Tuesday’s North American session.
US Manufacturing ISM Signals Accelerating Stagflation As PMI Turns Downright Apocalyptic
Ahead of Friday's payrolls report, there were rising expectations that the economic rebound observed in the past two weeks - and following the dismal July jobs report - would persists.
Solana And Cardano: Solana Loses Momentum Again
On Monday, the price of Solana retreated to a higher weekly low at the 127.00 level. Over the weekend, the Cardano price continued to pull back, and on Monday morning, we saw a new low formed at 0.325.
GBP/USD Analysis: Pound Hovering Around $1.31
The GBP/USD exchange rate was hovering around $1.31 at the beginning of September, following a 2.1% gain in August.
Soybean Commodity Elliott Wave Technical Analysis 1
On the daily chart, the corrective pattern is analyzed from the primary wave degree (circled). Wave A (circled) concluded at $1,249 in October 2023, followed by Wave B (circled), which ended at $1,398 in November 2023.
Hang Seng Index Elliott Wave Technical Analysis 1
Hang Seng Index Elliott Wave Technical Analysis
USD/CAD Price Analysis: Buyers Emerge Amid Falling Oil
Oil prices eased on Tuesday as concerns about Chinese demand intensified. Market participants awaited the crucial US nonfarm payrolls report.
Faced With Stagnant Domestic Growth China Starts A New Global Trade War
China is going all in on exports to revive growth led by EVs. Trump vows to strike back with 60 percent tariffs.
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I own AMH for its 60,000 single-family homes in prime locations, promising long-term capital appreciation and inflation-adjusted revenue.
Four Stocks To Watch - Monday, September 02
By most metrics this market is poised for further upside, but there have been few clean breakout so far. The setups are there, so post Labor Day would be a good time for the market to reveal its hand, and hopefully push upwards.
Bitcoin Crypto Price News Today Elliott Wave Technical Analysis - Tuesday, September 3
The price is below the MA200 indicating a downtrend, The Wave Oscillator is a Bearish Momentum.
USD/CAD Faces Testing Week: ISM PMIs, BoC Rate Decision And Jobs Reports
The USD/CAD faces a big test this week, for not only do we have significantly important data from the US, but there’s also a rate decision across the northern border in Canada.
Brent Crude Under Pressure Amid Supply Expansion Concerns
Brent crude oil prices have experienced significant selling pressure recently, dipping to 77.21 USD per barrel on Tuesday.
Major Asset Classes - August 2024 - Performance Review
US real estate investment trusts led global markets higher for a second straight month in August, based on set of ETFs representing the major asset classes.
Pound Sterling Drops Against US Dollar Ahead Of US Manufacturing PMI
The Pound Sterling falls to near 1.3100 against the US Dollar as the Greenback clings to gains ahead of the US ISM Manufacturing PMI for August. US NFP data for August would be the major trigger this week.
WTI Crude Under Pressure Amid Rising OPEC+ Supply And Mounting Global Demand Concerns
In the U.S., the drop in oil consumption to its lowest seasonal level since 2020, coupled with increasing distillate fuel inventories, further adds to the bearish sentiment.
EURUSD Forex Elliott Wave Technical Analysis - Tuesday, September 3
In summary, the EURUSD daily chart reflects a robust bullish trend, with orange wave 3 currently in play following the completion of orange wave 2.
Turkish Inflation Slows, But Services Remains An Issue
Annual inflation in Turkey fell sharply last month. The downtrend will likely remain in place although services still poses a challenge
Analytical Overview Of The Main Currency Pairs - Tuesday, September 3
The Eurozone Manufacturing PMI confirmed that the manufacturing sector continued to contract in Germany and France in August. Traders are betting that the ECB will cut interest rates for the second time at its September 12 meeting.
GBP/USD Forex Signal: Bearish Consolidation Below $1.3154
Over the past month since my previous forecast, the Pound rose strongly against the US Dollar to reach a new 1-year high above $1.3250, before falling back consistently over the past several days.