Monthly Archives: February 2026
Gold trades flat below $5,000, constrained by a firm US Dollar, Fed hawkishness, and geopolitical tensions
Written on February 20, 2026 at 5:11 am, by
Gold hovered near $5,000 as strong US data lifted the dollar, while geopolitical tensions supported prices.
US indices avoided an early plunge, then reversed lower into close; he cautioned clients about QQQ 608 premarket
Written on February 20, 2026 at 4:42 am, by
S&P 500 and Nasdaq dipped after opening; QQQ eyed 608, volatility rose, short NDX call noted.
EUR/USD hits a four-week low as firm US data reduces rate-cut hopes, boosting the Dollar
Written on February 20, 2026 at 4:41 am, by
EUR/USD slid to January lows near 1.1748 as stronger US data reduced rate-cut expectations.
As Nifty slid towards 25,400 amid panic, Elliott Wave traders calmly awaited their alternate scenario setup
Written on February 20, 2026 at 4:12 am, by
Nifty 50 drops 400 points; Elliott Wave alternate scenario weighs buying setup versus deeper correction across key assets.
NBC’s Daren King says Canadian home sales fell 5.8% monthly, down three months, provinces-wide, amid trade worries
Written on February 20, 2026 at 4:11 am, by
Canadian home sales dropped 5.8% in January amid harsh weather and renewed trade uncertainty nationwide, CREA says.
US unemployment claims fell to 206K, with fewer citizens filing new benefit applications during the week ending 14 February
Written on February 20, 2026 at 3:41 am, by
US jobless claims dropped to 206K, beating forecasts; four-week average eased, continuing claims rose, dollar strengthened.
EUR/GBP remains buoyant near 0.8737 as UK figures boost expectations of BoE rate cuts and weaken sterling
Written on February 20, 2026 at 3:12 am, by
Euro steady versus Pound as UK inflation and jobs cool, boosting BoE rate-cut expectations; ECB steady.
S&P 500 futures remain rangebound, after rejection higher, reverting to pivot; New York weighs breakout versus retest lower
Written on February 20, 2026 at 3:11 am, by
ES futures stay rangebound, testing both sides; 6866 pivot key as New York decides breakout or drop.
Canada’s yearly new housing price index fell to -2.3%, down from -2% in January, indicating weakness
Written on February 20, 2026 at 2:41 am, by
Canada’s New Housing Price Index fell 2.3% year-on-year in January, extending declines from December’s 2.0%.
In December, Canada’s employment insurance claimants rose 0.4% month-on-month, down from 1.6% previously
Written on February 20, 2026 at 2:41 am, by
Canada’s Employment Insurance beneficiaries grew 0.4% in December, slowing from 1.6% the previous month.
