Short Term Elliott Wave View on CADJPY suggests that the rally to 91.7 ended wave (2). Pair has turned lower in wave (3) with internal subdivision as a 5 waves impulse Elliott Wave structure. Down Read more…
Key insights from the week that was. A quiet week for data kept the focus on central banks and the heightened uncertainty surrounding Ukraine. The first key event for the week was the release of Read more…
Key Highlights USD/JPY failed to surpass the 116.40 resistance and corrected lower. It traded below a major bullish trend line with support near 115.25 on the 4-hours chart. EUR/USD is still struggling to clear the Read more…
Markets strongly dislike uncertainty and therefore, Gold has moved higher. However, that can all change when the next headline hits the wires. After the FOMC minutes release, my colleague Matt Weller wrote a piece on Read more…
As the markets are looking for a 25bps hike already, they may begin pricing in a 50bps hike. If so, GBP/USD so continue to move higher. As one of the first major central banks to Read more…
The US stock markets continue to struggle with investor sentiment hurt by several factors ranging from the ongoing situation in Ukraine, to surging inflationary pressures around the and policy tightening from the Fed. While Wall Read more…
EURGBP broke support level 0.8350 Likely to fall to support level 0.8285 EURGBP currency pair recently broke the key support level 0.8350 (low of the previous wave A), intersecting with the 61.8% Fibonacci correction of Read more…
The streaming platform reportedly paid $200 million, instead of $100 million, for its podcasting deal with Joe Rogan. Dropped your Spotify (SPOT) – Get Spotify Technology SA Report subscription last month? The latest news in the Rogan Read more…
Enlarge (credit: Getty Images) Hackers aligned with the government of Iran are exploiting the critical Log4j vulnerability to infect unpatched VMware users with ransomware, researchers said on Thursday. Security firm SentinelOne has dubbed the group Read more…