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Elliott Wave Technical Analysis: British Pound/Japanese Yen - Thursday, Aug. 8
August 08, 2024
The market's current position is at wave A, which marks the beginning of a new phase within the larger wave structure.
Via
Talk Markets
Asia Mixed, Europe Markets Dip; Crude Falls Below $75 And Dollar Slips – Global Markets Today While US Slept
August 08, 2024
US stocks closed lower due to global selloff and Treasury auction results. Manheim Index rose 2.8% and mortgage apps increased 6.9%. Asian markets mostly down.
Via
Benzinga
GBP/JPY Bounces Off Daily Low, Keeps The Red Above Mid-185.00s Amid Modest JPY Strength
August 08, 2024
GBP/JPY meets with fresh supply on Thursday and erodes a part of the previous day’s move-up. A combination of factors underpins the safe-haven JPY and exerts some pressure on the cross.
Via
Talk Markets
Daily Market Outlook - Thursday, Aug. 8
August 08, 2024
Despite assurances from US Fed officials that the world's largest economy is not headed for a recession, stocks wilted under pressure amid concerns about the outlook for the U.S. economy.
Via
Talk Markets
Topics
Economy
Exposures
Economy
Interest Rates
GBP/USD Analysis: Selling Pressures Continue
August 07, 2024
The GBP/USD currency pair has seen increased losses since the start of this week, extending its decline to the support level of 1.2662, its lowest in over a month.
Via
Talk Markets
EUR/GBP Forecast: Euro Rallies Against British Pound Yet Again
August 06, 2024
The first thing I notice is that the 0.86 level has offered a significant amount of resistance after slamming directly into it.
Via
Talk Markets
EUR/GBP Trades Above 0.8600, Holds Position Near Three-Month Highs
August 08, 2024
EUR/GBP rose to a three-month high of 0.8623 marked on Thursday.
Via
Talk Markets
Asia Morning Bites For Wednesday, Aug 7
August 07, 2024
Asian markets are unwinding some of the recent turmoil.
Via
Talk Markets
Financial Markets Report For Wednesday, Aug 7
August 07, 2024
In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Wednesday, August 7.
Via
Talk Markets
GBP/USD Struggles To Find Gains As Markets Chew On Rate Cut Expectations
August 07, 2024
GBP/USD tested waters on the high side on Wednesday but settled the day where it started just south of the 1.2700 handle.
Via
Talk Markets
BOJ Offers Verbal Support, Extends The Yen's Pullback
August 07, 2024
Bank of Japan offered a verbal put today, with an indication that it wants to maintain low (accommodative) rates.
Via
Talk Markets
EURUSD And GBPUSD: Pound Tries To Release Pressure At 1.2800
August 05, 2024
During this morning’s Asian trading session, GBPUSD fell once again to the 1.27000 level.
Via
Talk Markets
Japan's Nikkei Lifts Asia, Europe Gains; Crude Oil And Dollar Advance - Global Markets Today While US Slept
August 07, 2024
US stock markets rebound as Fed officials ease recession fears. Asian markets follow suit, with Japan's Nikkei up 2.51% and China's Shanghai Composite up 0.09%. Oil prices edge higher while gold and...
Via
Benzinga
Topics
Economy
Exposures
Economy
Fossil Fuels
Interest Rates
Daily Market Outlook - Wednesday, Aug. 7
August 07, 2024
After Wall Street's generally positive cues overnight, Asian stock markets are basically up on Wednesday.
Via
Talk Markets
GBP/USD Forex Signal: Looking Bearish Near 1-Month Low Price
August 07, 2024
The British Pound is falling again against the US Dollar as the US Dollar begins to recover recent losses, while the British Pound is a relatively weak currency.
Via
Talk Markets
Financial Markets Report For Tuesday, Aug 6
August 06, 2024
In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Tuesday, August 6.
Via
Talk Markets
GBP/USD Withers Into A Fresh Five-Week Low
August 06, 2024
GBP/USD backslid nearly a full percent on Tuesday as the Pound Sterling continues to deflate against the broader FX market.
Via
Talk Markets
Fragile Turn Around Tuesday
August 06, 2024
Calmer markets are prevailing today, but an unease remains, and market moves continue to be sharp even if less dramatic.
Via
Talk Markets
Asia Markets Mixed As Japan Recovers, Europe Opens In Red, Crude And Gold Advance – Global Markets Today While US Slept
August 06, 2024
On Monday, U.S. stock markets closed lower due to weak economic data & Fed's decision. Asian markets rebounded, Eurozone & US futures up, while USD rose.
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
Daily Market Outlook - Tuesday, Aug. 6
August 06, 2024
Despite the generally negative cues from global markets overnight, Asian stock markets are mostly up on Tuesday.
Via
Talk Markets
EUR/GBP Extends Upside Above 0.8550 Ahead Of Eurozone Retail Sales Data
August 06, 2024
EUR/GBP trades in positive territory for the fourth consecutive day around 0.8575 in Tuesday’s early European session.
Via
Talk Markets
Financial Markets Report For Monday, Aug 5
August 05, 2024
In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Monday, August 5.
Via
Talk Markets
Analytical Overview Of The Main Currency Pairs - Monday, Aug. 5
August 05, 2024
The trend on the EUR/USD currency pair in the hourly time frame has changed to an upward trend.
Via
Talk Markets
GBP/USD Analysis: Bears Still In Control
August 05, 2024
Despite the rise in the GBP/USD exchange rate following the shock US jobs report and talk of an emergency rate cut by the Federal Reserve, the bears remain in control.
Via
Talk Markets
Topics
Economy
Exposures
Interest Rates
Risks To Financial Stability Fan Speculation Of Emergency Rate Cuts
August 05, 2024
The Black Monday talked about over the weekend has materialized. Japanese equity indices more than 12% today.
Via
Talk Markets
Bloodbath In Asia And Europe, Japan's Index Crashes 13%; Gold Near Record Highs - Global Markets Update While US Slept
August 05, 2024
"Japanese stocks plunged to their biggest drop since 1987 amid global market turmoil, erasing 113 trillion yen ($792 billion) due to dismal jobs data, recession fears, and massive deleveraging of...
Via
Benzinga
Topics
Economy
Exposures
Economy
GBP/USD Analysis: Potential For Strength Despite Recent Rate Cut
August 05, 2024
From a technical perspective, GBP/USD quickly rebounded after falling below 1.28 last week. The pair is now eyeing the 1.29 level as its next resistance.
Via
Talk Markets
Daily Market Outlook - Monday, Aug. 5
August 05, 2024
Following the massive sell-off in global markets on Friday, Asian stock markets are a sea of red on Monday as traders react to weak monthly jobs data from the United States.
Via
Talk Markets
Pairs In Focus - Sunday, Aug. 4
August 04, 2024
This past week was quite the brutal experience for one of my favorite carry trade pairs. The British pound initially tried to rally during the week, but it plunged lower, breaking through the 1.13...
Via
Talk Markets
Forex And Cryptocurrency Forecast For Aug. 5-9
August 03, 2024
After the publication of US non-farm payrolls data, Bloomberg reported that the likelihood of a 50 basis points rate hike in September increased to 90%. Consequently, the EUR/USD pair soared to 1.0926,...
Via
Talk Markets
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