The Elliott wave count on the four-hour chart for EUR/USD has become more complex. On the higher time frame (lower chart), the downward trend segment has taken the form of a five-wave A-B-C-D-E structure, which could be complete at any time, as it appears structurally complete. All waves in this segment are approximately equal in […]

The USDCHF traded to its highest level since May 2025 last Wednesday, reaching 0.83944. However, buyers could not keep the momentum going. The next two trading days saw the price tumble to 0.82162, a decline of nearly 178 pips. Since Friday’s low, the selling has slowed, but the buyers have not exactly taken control either.

On Friday, amid a broader retreat in the US dollar index (DXY), gold (XAU/USD) tried to extend its recovery and drew investor attention. Nevertheless, the metal’s price action remains contained within the sideways trend that has formed during October. The US dollar index (DXY), a barometer of the greenback’s strength versus a basket of major

Seeing as to how the bond market is faring to end the week, you probably wouldn’t have guessed that we actually got hotter-than-expected inflation data from both the US CPI and PPI reports in the past few days. In fact, you might even think it was the opposite. Yet, here we are. 10-year Treasury yields