KO Elliott Wave technical analysis Function: Trend. Mode: Impulsive. Structure: Motive. Position: Wave 2 of (1). Direction: Upside in wave 3. Details: We have been...
Silver prices see a significant drop to $24.75, shedding over 3% in response to a strengthening US Dollar. Technical analysis reveals a bearish engulfing pattern, despite...
On the daily chart, indicators are consolidating but the outlook is favoring the bulls. The hourly chart gives hints of mounting selling traction with indicators deep...
Reddit is set to debut on NYSE on Thursday. RDDT stock starts off at $34 per share. The Reddit market cap is $6.4 billion but it...
NZD/USD could test the psychological support of 0.6100 on Thursday. Technical analysis indicates a bearish momentum for the pair. The area around the 23.6% Fibonacci retracement...
The Pound falls versus Dollar, awaiting Fed policy news. GBP/USD nears 50-day MA; further drops possible as bears target 1.2600. Break below 1.2700 may seek weekly...
EUR/USD declines back to lower 1.0800s ahead of Wednesday’s Fed meeting. Speculation is mounting that the Fed could alter how many interest rate cuts it expects...
Euro losses a step vs US Dollar, eyes on Fed decision. US housing gains, Building Permits, and Housing Starts rise. Germany’s ZEW and EU surveys beat...
On Friday, the S&P 500 lost almost 0.7%, and yesterday, it gained 0.63%. The market basically continued to trade within a two-week-long consolidation below the previous...
EUR/USD trades in negative territory near 1.0871 amid the cautious mood in Tuesday’s early European session. The pair keeps the bearish vibe below the key EMA;...
Booking Holdings Inc. is an US American travel technology company. It owns and operates several travel fare aggregators and travel fare metasearch engines including namesake and flagship Booking.com, Priceline.com, Agoda.com, Kayak.com, Cheapflights, Rentalcars.com, Momondo, and OpenTable. It operates...
CSL LIMITED (ASX): CSL one-day chart (semilog scale) analysis Function: Counter trend (Minute degree, green). Mode: Corrective. Structure: Zigzag. Position: Wave (c)-purple of wave ((ii))-green. Details:...
EUR/USD may encounter immediate support around the 38.2% Fibonacci retracement level of 1.0871. Technical analysis indicates a potential confirmation of bullish momentum for the pair. The...
Swiss Franc is vulnerable as inflation data continues to undershoot official forecasts. The SNB expected inflation to average 1.9% in 2024 in its December forecast, but...
EUR/USD has fallen to the 1.0800s, close to a critical level for the short-term trend. Further weakness could tip the near-term outlook in favor of bears. ...
The Pound Sterling is set to finish the week with losses, yet extended its downtrend for two straight days after piercing the 1.2800 figure. The GBP/USD...
GBP/JPY rises buoyed by uncertainty over BoJ’s interest rate stance, marking a weekly gain. Recovery from near the 50-day DMA suggests bullish momentum, with eyes on...
On the daily chart, sellers remain in control despite the improvement of the RSI and MACD. While the daily chart emits bearish signals, the hourly indicators...
Silver’s bullish streak leads above $25.00, defying broader market trends with over 1.40% gains. A new year-to-date high at $25.44 highlights XAG/USD’s resilience, with $26.00 now...
The daily RSI shows a rise in selling traction, supported by the MACD depicting growing red bars. The hourly RSI indicates oversold conditions, signaling a potential pullback...