ระบบเทรด Wolfe Waves

On Thursday, Norway's central bank (Norges Bank) surprised markets by announcing a 25 basis point reduction in its policy interest rate to 4.25%, signalling the expectation of further cuts due to a more favourable inflation outlook. The cut was the first one since 2020. The Nordic central bank argue

Euro (EUR) is quietly consolidating within a tight range just below 1.15, holding flat vs. the US Dollar (USD) and treading water in light US-holiday trade, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report. Communications from the ECB have been largely neutral "We had noted th

General Outlook Last week was marked by heightened geopolitical risk after Israel’s strike on Iran, driving strong safe-haven flows and sudden price spikes in commodities. Gold rallied to a two-month high, oil surged over 7%, and risk currencies like the euro faced headwinds from a stronger US dolla

For the first time since the end of Bretton Woods, Gold has overtaken the Euro (EUR) to become the world's second-largest reserve asset behind the US Dollar (USD), according to a report by the European Central Bank (ECB). This overhaul reflects record purchases, historically high prices and a strate

Summary Globalization has been in retreat for the past decade or so, and recent events suggest that deglobalization has further to run. Deglobalization has had its roots in the geopolitical and economic competition between the United States and China. Recent events raise the possibility of further c

Overview: The US dollar is enjoying a firmer tone against the G10 currencies with the disappointing UK jobs data weighing on sterling the most. It is off about 0.5% in late morning European activity. The greenback is more mixed against emerging market currencies. The Mexican peso, which reached new

WTI trades around $62.80 on Thursday, up 1.20% but below the session high of $63.30.Price action breaks out of bullish flag pattern, confirming short-term upside bias.Immediate resistance seen at $63.00–$63.50; sustained break could target $65.00 and $66.37 (100-day SMA).Support rests at $62.00; a b

Private sector job creation slowed to a near-standstill in May, hitting its lowest level in more than two years as signs emerged of a weakening labor market, payrolls processing firm ADP reported Wednesday. Payrolls increased just 37,000 for the month, below the downwardly revised 60,000 in April an