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Month: September 2022

Cryptocurrencies

Elliott Wave View: GBPCAD Rally Should Fail for Further Downside

Short Term Elliott Wave View in GBPCAD suggests rally to 1.5367 ended wave ((iv)). Wave ((v)) lower is in progress to complete a cycle from August 2, 2022 high. Internal subdivision of wave ((iv)) unfolded Read more…

By , 3 years ago September 6, 2022
Cryptocurrencies

Technical Outlook and Review

USD/JPY: On the H4 chart, price has confirmed a bullish momentum breaking the previous high. We are bullish bias- Price has pulled back slightly but if bullish momentum continues, it should test the first resistance Read more…

By , 3 years ago September 6, 2022
Cryptocurrencies

Yuan hit fresh 2-yr low, shrugging PBoC actions

The People’s Bank of China announced yesterday to cut the foreign exchange reserve requirement ratio (RRR) to 6% from 8% beginning September 15. That is, the amount of foreign-exchange deposits banks need to set aside Read more…

By , 3 years ago September 6, 2022
Cryptocurrencies

BoE Mann: Fast and forceful monetary tightening superior to gradualist approach

In a speech, BoE MPC member Catherine Mann said, “inflation today does not simply depend on past inflation but depends as well on markets, firms, and household’s expectations, and crucially, how these expectations react to Read more…

By , 3 years ago September 6, 2022
Cryptocurrencies

GBP/USD: Bears Take Break, Upsides Could Be Limited

Key Highlights GBP/USD declined heavily below 1.1600 and 1.1500. A crucial bearish trend line is forming with resistance near 1.1625 on the 4-hours chart. EUR/USD is still struggling to stay above the 0.9900 support zone. Read more…

By , 3 years ago September 6, 2022
Cryptocurrencies

GBP/USD Remains Subdued as Truss Becomes UK’s Next PM

Will the market put its trust on Truss to deliver the goods the economy badly needs? So, Liz Truss will become the new UK prime minister on Tuesday after defeating Rishi Sunak in the Tory Read more…

By , 3 years ago September 6, 2022
Cryptocurrencies

Eco Data 9/6/22

The post Eco Data 9/6/22 appeared first on Action Forex.

By , 3 years ago September 6, 2022
Cryptocurrencies

Elon Musk Shoots Down Amazon’s Shiny Next Big Thing

Tesla CEO blasts Amazon’s latest big project everyone’s talking about. The rivalry between Elon Musk and Jeff Bezos has just been fueled by a new episode. The two richest men in the world compete mainly Read more…

By , 3 years ago September 5, 2022
Cryptocurrencies

Angry Etsy Creators Build a New Platform

After an Etsy sellers’ strike, creators are building a safer space to make and sell their wares. For years, Etsy  (ETSY) – Get Etsy Inc. Report has been the most well-known name when it comes to Read more…

By , 3 years ago September 5, 2022
Android

The best AT&T deals: Save $1,000 on the Galaxy Z series with trade-in

Credit: Edgar Cervantes / Android Authority AT&T always has a good mix of deals up its sleeve. These include discounts on smartphones and other tech products, various bundles, and more. Right now, you can even Read more…

By , 3 years ago September 5, 2022

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