Capped below 0.65 for the remainder of September – ING

Share: The Aussie is trading on the strong side after a stronger-than-expected August jobs report in Australia. Economists at ING analyze AUD’s outlook. USD remains supported post-Fed Employment rose 64.9K after July’s negative reading, and the unemployment rate was unchanged at 3.7%.  Markets are pricing in a mere 9 bps of tightening to

US PPI & Retail Sales Could Push Gold to $1900

GOLD OUTLOOK & ANALYSIS US inflationary pressures keep gold price subdued. Spotlight on US PPI, jobless claims and retail sales. Gold bears seek out $1900 support handle. Recommended by Warren Venketas Get Your Free Gold Forecast XAU/USD FUNDAMENTAL BACKDROP Gold prices remain under pressure this Thursday after yesterday’s US CPI report showed elevated headline inflation

EURUSD Technical Analysis – Watch this strong resistance

US: The Fed hiked by 25 bps as expected and kept everything unchanged at the last meeting. Fed Chair Powell reaffirmed their data dependency and kept all the options on the table. The US CPI yesterday came in line with expectations, so the market’s pricing remained roughly the same. The labour market displayed signs of

USD/JPY Levelling off, Will NZD/JPY Reverse Higher?

Japanese Yen, USD/JPY, NZD/JPY – Technical Update: Recommended by Daniel Dubrovsky Get Your Free JPY Forecast The US Dollar has slowed its upside progress against the Japanese Yen of late. On the daily chart below, USD/JPY can be seen leveling off just under the 61.8% Fibonacci extension at 148.27, which is immediate resistance. Meanwhile, key

Australian Dollar Holds Early Gains After Jobs Beat; Is AUD/USD Forming a Base?

Australian Dollar Vs US Dollar, Australia Jobs – Talking Points: AUD held gains after Australia jobs data beat expectations. AUD/USD is attempting to form an interim base. Speculative short AUD positioning is at the highest level since early 2022. What is the outlook for AUD/USD and what are the key levels to watch? Recommended by

Asia FX muted, dollar drifts lower despite CPI surprise By Investing.com

© Reuters. Investing.com– Most Asian currencies kept to a tight range on Thursday, while the dollar edged lower as markets weighed stronger-than-expected inflation data against expectations that the Federal Reserve will keep rates unchanged next week.  Data on Wednesday showed that U.S. grew slightly more than expected in August, amid rising fuel costs and steady

Netflix (NFLX) looking for double correction ]Video]

Share: Netflix (NFLX) decline from 7.20.2023 high is unfolding as a double three Elliott Wave structure. Down from 7.20.2023 high, wave (A) ended at 411.88 and rally in wave (B) ended at 445.25. Wave (C) lower ended at 398.15 which completed wave ((W)). Rally in wave ((X)) ended at 453.53 with internal subdivision