NASDAQ Futures (NQ_F) Forecasting the Rally From the Equal Legs Zone

China reports Q4 GDP data on Wednesday; is a rebound in store? CPI numbers due in UK, Japan and Canada Retail sales to be the main focus in the US Is China’s recovery getting back on track? The Chinese economy suffered several wobbles in 2023, as the property crisis went from bad to worse. Markets […]

BoE stuck between strong US data and the ECB rate cut Labour market data could support August rate cut expectations All eyes on average earnings growth Could the pound maintain its recent gains? BoE remains on the sidelines While the ECB announced its first rate cut since 2019 and the Fed is preparing for Wednesday’s […]

Key Highlights USD/JPY is attempting a recovery wave from the 146.50 support. A key rising channel is forming with support at 147.50 on the 4-hour chart. Crude oil prices surged above the $80.00 resistance zone. Gold prices are consolidating near the $2,150 zone. USD/JPY Technical Analysis The US Dollar declined heavily below the 148.00 zone […]