The short-term Elliott Wave view in Gold (XAUUSD) indicates that the cycle from the June 30 low concluded at $4695.89. This advance has been labeled as wave ((1)). A corrective pullback in wave ((2)) is now unfolding to retrace that cycle. The correction took the form of a zigzag Elliott Wave structure. From the peak…
Created on September 02, 2026 The US dollar continues to see a lot of back-and-forth motion against the yen, as we are sitting at a major inflection point, and waiting for the jobs report. USD/JPY The US dollar continues to see a lot of back-and-forth trading against the Japanese yen as the interest rate differential…
USD/JPY consolidated near 160.25 on Wednesday, hovering close to its highest level since late July. Pressure on the yen has intensified amid a global bond sell-off, with the yield on 10-year Japanese government bonds rising to 3% for the first time since 1996 – increasing the cost of servicing Japan’s massive national debt and heightening…
Created on September 02, 2026 Potential signal: I am buying here, with a stop at the 0.57 level, with a target of 0.5990. The Aussie dollar initially dipped a little bit against the Swiss franc during the trading session on Tuesday but continues to see a lot of buying overall. AUD/CHF The Aussie dollar initially…
NEW YORK, Sept. 02, 2026 (GLOBE NEWSWIRE) — The stock and forex markets are constantly changing, but not every investor has the time to monitor them continuously. For the average investor, determining market trends and when to trade often requires significant time and effort. MoneySimpler today launched its AI trading app, offering automated stock and forex…
Nigeria’s Securities and Exchange Commission (SEC) has released a set of proposed rules on online forex (FX) trading and contract for difference (CFD). Specifically, the SEC said an Online Forex Broker Dealer operating the Market Maker/Principal Operator model shall maintain a Minimum Paid-up Capital of N3 billion, unimpaired by losses. The SEC proposes that the…
The yen strengthened rapidly against the US dollar, with traders remaining cautious that authorities will be forced back into the forex Written by: Olumide Adesina • Wednesday, September 2, 2026 • 1 min read • Last updated: Wednesday, September 2, 2026 Add an article to your Reading List Register now to be able to add…
Image for representational purposes only. | Photo Credit: Reuters The rupee traded in a tight range and settled for the day at 94.97 (provisional) on Wednesday (September 2, 2026), recording a marginal loss of 2 paise as the support from foreign capital inflows was negated by weak local equities and a strong U.S. dollar. Forex…
BOSTON, Sept. 02, 2026 (GLOBE NEWSWIRE) — Amid global economic uncertainty and pressure on social security benefits, investors are increasingly focused on innovative ways to boost their income. MoneySimpler has officially launched a new AI-powered automated trading service covering both the stock and forex markets. The system executes trades automatically, eliminating the need for users to constantly…
Created on September 02, 2026 The energy market volumes increased last night and have remained volatile regarding price early this morning as they have jumped higher. News from the Middle East produced another escalation of military conflict between Iran and the U.S, and last night included the targeting of Gulf State nations and other nearby…