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<p>Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so: </p> This article was written by Eamonn Sheridan at www.forexlive.com.

<p>The GBPUSD is back down testing the low for the day in what has been a big move lower for the pair today. The price of the GBPUSD is down -0.77% currently. </p><p>In the move lower today, the price finally broke away from an up and down area and away from the 100 and 200 […]

<p>Here are the trading volumes on IBIT, which is Blackrock's bitcoin ETF and is destined to be the winner of the low-cost spot race:</p><ul><li>Day 1 – 38m shares</li><li>Day 2 – 23m shares</li><li>Day 3 – 13.65m shares with 35 mins of trading to go</li></ul><p&g

<p>Crude futures are settling the day at $72.40. That is down $0.28 or -0.39%. The low price reached $71.74. The high price reached $73.53.</p><p>The price action today was up-and-down, trading above and below its 100 and 200-hour moving average is in the process. The 200-hour moving average is at $72.51. The 100 hour moving avera

<p>Goldman Sachs offers insights into their expectations for tomorrow's US retail sales report, forecasting a 0.3% increase in core retail sales in December, slightly ahead of the consensus estimate of 0.2%. Their analysis takes into account various factors, including brick-and-mortar category performance, non-store sales, and the impact

<p>The NZDUSD – like the AUDUSD has trended lower this week. The move is making new session low and the process has moved below the 38.2% retracement of the move-up from the October low. Staying below that level after a trend move to the upside shows the sellers are looking to take more control. The […]

<p>It's bad in China.</p><p>The Hong Kong Hang Seng is down 7% already this year in nearly non-stop selling, including a 2.2% decline today as the December lows gave way.</p><p>It's a similar story with mainland indexes and US-listed China ETFs. KWEB is down 10% YTD.</p><p>And that's all on t

<p>The single biggest question for the oil market in 2024 is whether US producers will stop pumping more. Early returns are somewhat encouraging for the bulls with the EIA estimating shale production down 900 bps in February after a 600 bpd drop in January.</p><p>Those are minuscule moves but anything close to flat would be bullis

<p>Today's CPI report showed a dip in headline inflation to 3.1% from 3.4% but the Bank of Canada might be troubled by the lack of progress on core CPI.</p><p>"What wasn't expected was the lack of progress in the Bank of Canada's preferred core measures of inflation, CPI-trim and CPI-median. CPI-trim accelerate

<p>ECBs Muller is on the wires saying:</p><ul><li>Market expectations for 2024 ECB rate cuts are aggressive. </li><li>Wage growth is not in line with the inflation target. </li></ul><p>A number of ECB officials have spoken today and mentioned how the markets were ahead of themselves regarding ra