Archives by Month:
- December 2024
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- January 2024
- December 2023
- November 2023
- October 2023
- August 2023
- July 2023
- June 2023
- May 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- July 2016
- June 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- November 2012
- October 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- June 2009
- April 2009
- February 2009
- December 2008
- November 2008
- October 2008
- August 2008
- June 2008
- May 2008
Archives by Year:
USD/CAD Surges To Near 1.4100 After US-Canada Employment Data
The USD/CAD pair advances to near the round-level resistance of 1.4100 after the release of the labor market data for November from both economies: the United States (US) and Canada.The US Nonfarm Payrolls (NFP) report showed that 227K fresh workers were added to the labor force, higher than estimates of 200K. The Unemployment Rate accelerated […]
November Jobs Surge Above Estimates As Wage Growth Comes In Hot, Unemployment Rises
After the October hurricane-driven debacle which sent last month’s payrolls print to the lowest in years, at just 12K, traders were expecting a solid bounce today, with many whispering a print that would come above the consensus estimate of 220K… and they were right: moments ago the BLS reported that in November, payrolls growth surged to […]
Elliott Wave Analysis: BAC Found Support From Blue Box
Hello traders. Welcome to another blog post where we share how members of Elliottwave-Forecast trade using the Elliott wave theory. In this post, the spotlight will be on the Bank of America Corporation BAC, which has the ticker $BAC.BAC is one of the stocks still recovering from the 2008 global financial crisis. After plunging to nearly $2.50, […]
2025 Gold Price Predictions: Off To The Races
Image Source: Pixabay As December begins, financial institutions and market analysts are unveiling their 2025 forecasts, with gold attracting significant attention. Predictions are shaped by a variety of factors, with the new US administration naturally playing a prominent role. However, it is crucial to remember that this is just one piece of the puzzle influencing the […]
The Energy Report: The OPEC Zone
Image Source: Unsplash Imagine if you will, a trading range, not so much based on fundamentals but your mind and imagination. A market twisted between expectations of demand that may fall in the future versus the tight supplies that could be right around the corner. A market that seems immune to geopolitical risks but continues to […]
GBP/USD Forecast: Pressure Upside Break Out
It does look like we are seeing a little bit of pushback as we have broken above 1.2750 only to drop back down towards it again. So, it’ll be interesting to see how this plays out. I do think we are at a major inflection point right now. So, I am watching this pair with […]
Softish US Jobs Report Favours A December Rate Cut
US non-farm payrolls rose broadly in line with expectations after recent strike and hurricane distrortions, but unemployment picked up by more than expected. With valid questions over the quality of the jobs the US is currently creating, we continue to expect the Fed to cut the policy rate 25bp on 18 December. 227,000 Number of […]
EUR/GBP Edges Lower As Sterling Performs Strongly Across The Board
Image Source: Pixabay EUR/GBP ticks lower as Sterling gains on expectations that the BoE will leave interest rates unchanged in the policy meeting on December 19. EC officials see the impact of French political turmoil to be limited on the Eurozone. The ECB is expected to cut its Deposit Facility Rate by 25 bps to 3%. The […]
Still Leaning Bullish?
S&P 500 pushed for new ATHs early in the session, but was rejected, and premarket session is shallow and cautious – why deploy fresh money before NFPs? No reason to, yet there are distinct signs offered by the bond market and yields overall with respect to where equities are going. VIX continues being tame, and […]
Jobs Day – Just Right
Futures saw little movement as US investors awaited the big November jobs report, in which payrolls were expected to bounce back from October’s hurricane-related weak print. The report was just released, and investors got just about what they expected. Headline jobs was slightly higher than expected (227K vs 220K), and October’s print was revised modestly lower. […]
