The pattern is composed of four price swings (legs) and five pivot points labeled X, A, B, C, and D. It can appear in two forms: Bullish (looks like an "M") and Bearish (looks like a "W"). XA Leg: The ...

New orders for manufactured goods in the United States stood at $617.5 billion in December 2025, slipping 0.7% month on month, the US Census Bureau reported on Monday. Shipments increased 0.5% or $3.1 ...

The US dollar was fairly resilient in the face of the softer than expected Q4 GDP reading and the Supreme Court’s tariff decision. However, it came under pressure earlier today in the Asia Pacific ...

Just as we saw immediately after the Liberation Day tariff rate announcement in early April last year, markets are again showing pressure on the US dollar alongside renewed demand for safe havens. As ...

European Central Bank Governing Council member Fabio Panetta on Saturday said euro area inflation is expected to stabilize around the 2% target over the medium term, while warning that both upside and ...

It is a pleasure to be here today. I would like to thank Business Canterbury for inviting me to speak to you all. This is my first time in Christchurch, and indeed in New Zealand’s South Island. I am ...

In the week ending February 14, the advance figure for seasonally adjusted initial claims was 206,000, a decrease of 23,000 from the previous week's revised level. The previous week's level was ...

Gold is a precious metal that there is a finite supply of and it doesn’t tarnish or degrade easily. For many hundreds of years global currencies were backed by gold, or even made of it. As that is in ...

Another day, another push back and forth session with the US Dollar against the Japanese Yen. I think the core PCE inflation numbers later in the week could be what people are waiting on, but it ...

The USD/JPY pair continues to see a bit of support below, as we are trying to sort out whether or not the 152-yen level will continue to hold the market up. USDJPY The US dollar rallied a bit against ...

An engulfing pattern is primarily considered a reversal pattern, not a continuation pattern. Its core purpose in technical analysis is to signal a potential shift in market control from buyers to ...

Markets have been particularly volatile over the past week, with the FX space dominated by a clear tug-of-war between a softer US Dollar, shifting risk sentiment and regional political developments.