XAUUSD Elliott Wave Forecast Captures 146-Point Decline in Gold
An Elliott Wave forecast published October 21, 2026 identified a bearish setup in Gold at 4,125. Price subsequently fell roughly 146 points to near 3,980.
An Elliott Wave forecast published October 21, 2026 identified a bearish setup in Gold at 4,125. Price subsequently fell roughly 146 points to near 3,980.
The Mexican Peso has fallen nearly 8% since early September, pressured by dovish Banxico rhetoric and narrowing policy spreads versus the Fed.
Canada's headline CPI rose to 3.1% in September, driven by gasoline prices, while all three Bank of Canada core inflation measures declined.
Nordea expects one more Fed rate hike this year and another in 2027, citing above-target inflation and resilient US economic growth.
USD/JPY retreats from 200-day SMA resistance at 158.56 as soft Japanese PPI data and a subdued USD leave traders awaiting US inflation figures.
InvestingLive and Base Markets host a free webinar on 13 October covering gold, market noise, risk management, and broker due diligence.
Elev8 is donating to an educational charity in Bangladesh for every lot traded in October. Participation is free for all eligible traders.
Rabobank reports the BOJ is reluctant to raise rates rapidly, citing internal divisions and concerns over weak private consumption.
USD/JPY dropped to 157.00 after coordinated jawboning from US and Japanese officials. Both governments flagged yen undervaluation as a shared concern.
U.S. spot Bitcoin ETFs pulled in nearly $1 billion on September 21. Strategy also confirmed fresh corporate buying, adding weight to the rally.
Alpari will exhibit at Forex Expo Dubai on 22–23 September at Dubai World Trade Centre. Traders and partners are invited to Booth 147.