AUD/USD is unfolding an up leg within a range which is approaching the range highs. If it reaches the highs the pair could reverse and begin...
Gold reverses the gains made after the release of PCE inflation data shows price pressures cooled in April. Precious metal already made gains following the second estimate for...
Trump Media stock rotates 4% lower after gaining in premarket. Donald John Trump was convicted of 34 felony counts for falsifying business records on Thursday. New...
The Mexican Peso is trading higher against the USD on Friday after the release of US PCE inflation data. Core US Personal Consumption Expenditure (PCE) slowed...
Core PCE data from the US shows monthly inflation arriving below expectations. Downwardly revised consumer spending data and Q1 GDP growth earlier in the week worry traders....
Market indices overview: S&P 500, SPY, NASDAQ 100, QQQ, Russell 2000, DAX 40, FTSE 100, ASX 200 featuring Elliott Wave technical analysis. Elliott Wave expert analysis...
Gold bounces to $2,347 from daily lows of $2,322, up 0.41%. Slower US GDP growth and rising unemployment claims weaken the Greenback. Traders eye April’s PCE...
GBP/USD Price Analysis: Recovers above 1.2700 amid soft US Dollar The Pound Sterling recovered some ground against the US Dollar on Thursday, as US Treasury yields are sliding,...
Gold price falls as interest rates are expected to remain high, increasing the opportunity cost of holding Gold. Fed speakers continue calling for a delay in...
The Mexican Peso is at risk of reversing its long-term uptrend. Several analysts say MXN has peaked and is on the way down. Negative fundamentals include...
GBP/USD holds below 1.2700 on firmer US Dollar, higher US yields The GBP/USD pair weakens to 1.2695 during the early Asian session on Thursday. The downtick...
USD/JPY rises to 157.67, driven by Federal Reserve’s commitment to higher rates. Technical indicators show strong bullish momentum, with key resistance at 158.00. Intervention threats by...
GBP/USD tumbles to new three-day low as ‘evening star’ chart pattern emerges. Buyers’ momentum begins to fade as RSI aims toward the 50-midline. If the pair...
GBP/USD Price Analysis: Slumps to fresh weekly lows as bears eye 1.2700 The British Pound fell to a new weekly low against the Greenback on Wednesday...
GBP/USD trims gains above 1.2750 amid US Dollar rebounds The GBP/USD pair trades with mild losses around 1.2760 during the Asian session on Wednesday. The modest...
Gold gains more than 0.30% despite pressure from high US Treasury yields. Hawkish remarks from Fed officials, including Governor Michelle Bowman, temper Gold’s rise. XAU/USD traders...
Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of EUROSTOXX (SX5E) Index published in members area of...
GameStop ends share sale that began on May 17. GameStop sold all 45 million shares for $933 million. NASDAQ reaches 17,000 for first time in history....
The daily chart flashes overbought signals but the overall trend favors the bulls. Post achieving multi-year highs over 96.70, NZD/JPY shows a possibility for a healthy...
Gold recoups earlier losses as US Dollar continues weakening, safe-haven demand. Gold imports to China, its largest market, fell by 38% in April. XAU/USD is probably...