A Tale of Two Patterns

POUND STERLING ANALYSIS & TALKING POINTS Upbeat BRC retail sales unable to deter market focus on China. UK PMI to drive GBP/USD later today. Head & shoulders vs falling wedge. Recommended by Warren Venketas Get Your Free GBP Forecast GBPUSD FUNDAMENTAL BACKDROP The British pound is now back below the 1.2600 handle once more despite

Asia FX dips on weak China data, Aussie slides as RBA holds rates By Investing.com

Investing.com– Most Asian currencies fell on Tuesday as Chinese service sector data pointed to more headwinds for the region’s largest economy, while the Australian dollar fell sharply after the Reserve Bank kept rates steady, as expected. The U.S. dollar steadied near three-month highs before a slew of Federal Reserve speakers this week. While the greenback

Russia S&P Global Services PMI increased to 57.6 in August from previous 54

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Bheurekso Pattern MT4 Indicator – ForexMT4Indicators.com

In the dynamic world of financial markets, traders are constantly in search of tools and indicators that can provide them with valuable insights for making informed trading decisions. One such tool that has gained prominence in the trading community is the Bheurekso Pattern MT4 Indicator. This article delves into the intricacies of this indicator, shedding

RBA rate decision ahead, VIX hovers near year-to-date low

With the US shut for Labour Day holiday, European indices were largely subdued overnight on some wait-and-see, failing to tap on gains in the earlier Asian session. European bond yields edged slightly higher, largely following through from last Friday’s moves. Despite the softer read in the recent US jobs report, the resilience in US Treasury

USD/CNH bulls approach 7.2900 on softer China PMI, easing stimulus-driven optimism

Share: USD/CNH picks up bids to extend week-start rebound despite upbeat China. China Caixin Services PMI for August eases to 51.8 versus 54.1 previous readings. Doubt about China’s capacity to defend economic recovery with stimulus weighs on Yuan as full markets return. Country Garden news, China Commerce Ministry updates prod USD/CNH bulls even