Share: Indications from the daily chart imply a dominance by sellers for the short term. The same indicators on the hourly chart also imply a bearish...
Share: GBP/JPY’s descent under the 190.00 mark aligns with a broader downward trend, eyeing further technical levels. A pivotal close below the February 29 low could...
Share: US NFP revisions worry the market on Friday. Unemployment Rate rises to 3.9%, above 3.7% consensus. China raises $27 billion investment vehicle to produce advanced chips. NASDAQ...
Share: EUR/JPY falls to 160.86, reacting to rumors of Bank of Japan possibly ending negative interest rates. Technical analysis indicates potential for further pullback if pair...
Share: Gold price prints a fresh all-time high of above $2,180 amid multiple tailwinds. The US Dollar weakens on slower wage growth and a higher Unemployment Rate in...
Share: Silver inches closer to retesting its year-to-date high of $24.63, after marking a 0.86% increase. Technical dynamics suggest potential for further gains if silver surpasses...
Share: New Zealand Dollar rises versus the US Dollar following the release of US employment data. US Nonfarm Payrolls rose higher than expected in February, but...
Share: Australian Dollar rises and marks its third consecutive day of gains. US Nonfarm Payrolls outperform expectations at 275K, but rising unemployment and lower wage growth...
Share: EUR/USD is correcting back after a surge on Thursday that took it to the mid 1.0900s. The pair was boosted by the Fed sounding more...
Share: GBP/USD targets December high at 1.2828 and August high at 1.2841. Technical analysis suggests a confirmation of the bullish trend for the pair. The psychological...
Share: Short term Elliott Wave View in Nasdaq 100 ETF (QQQ) suggests that the rally from 2.22.2024 low is in progress as a 5 waves impulse. Up...
Share: The daily chart of the NZD/JPY suggests a growing selling momentum. In contrast, indicators at the hourly chart show a mild recovery, with an improving...
Share: NYCB stock makes gains on Thursday following Mnuchin rescue. New York Community Bancorp says deposits fell by 7% over past month. NYCB cuts dividend to...
Share: Silver’s nearly 1% gain drives it to around $24.40, as market bets on a June Federal Reserve rate cut. Technical indicators bullish as silver surpasses...
Share: Sterling climbs, benefiting from a weaker dollar after disappointing US employment figures. Initial Jobless Claims rise to 217K, underscoring cooling US labor market despite Powell’s...
Share: MCD Elliott Wave technical analysis Function: Trend. Mode: Motive. Structure: Impulsive. Position: Intermediate wave (2). Direction: Completion of wave C of (2). Details:...
Share: GBP/JPY extends its downward trajectory, declining by approximately 0.90% on Thursday. BoJ Governor Ueda emphasized the possibility of pursuing an exit from stimulus measures while...
Share: The GBP/USD climbed 0.31% during the North American session and traded at 1.2746 after bouncing off daily lows of 1.2690. UK’s spring budget announcement and...
Share: AUD/USD surpasses key resistance levels, as Powell’s testimony suggests peak interest rates. Soft US job data and Powell’s cautious stance on rate cuts fuel optimism...
Share: Super Micro Computer stock gains once again on Wednesday. SMCI is scheduled to enter the S&P 500 on March 18. SMCI stock has risen more...