The Euro started a fresh decline from the 1.0685 zone against the US Dollar. The EUR/USD pair traded below the 1.0655 level to move into a bearish zone. The pair even traded below the 1.0625 Read more…
Cycle from 12.9.2022 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 12.9.2022 low, wave 1 ended at 82.64 and pullback in wave 2 ended at 72.31. Internal subdivision of Read more…
Cycle from 12.9.2022 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 12.9.2022 low, wave 1 ended at 82.64 and pullback in wave 2 ended at 72.31. Internal subdivision of Read more…
DXY: Price is in an ascending channel along and at the same time, there is an Ichimoku cloud support that is pushing it up. Our 1st resistance is at 105.35 area which is a swing Read more…
China Caixin PMI Services rose from 52.9 to 55.0 in February, above expectation of 54.7. That’s also the highest reading since April 2021. PMI Composite rose from 51.1 to 54.2, highest since May 2021. Wang Read more…
Key Highlights USD/JPY extended its increase above the 136.50 resistance. A major bullish trend line is forming with support near 136.20 on the 4-hours chart. Gold price might revisit the $1,845 and $1,850 resistance levels. Read more…
In a speech, BoE Chief Economist Huw Pill said that “current momentum in economic activity may be slightly stronger than anticipated.” “CPI inflation is projected to fall to below the 2% target by the end Read more…