Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of Silver (XAGUSD) published in members area of the website. As our members know Silver has Read more…
U.S. equity futures moved higher in early Monday trading, following last week’s slump that pushed the S&P 500 into correction territory, but global risk appetite remains cautious as Israel moves into ground assault on Hamas Read more…
Swiss KOF Economic Barometer demonstrated a minor dip, decreasing by -0.1 to settle at 95.8 in September. This figure modestly surpassed the expected mark of 95.6, indicating a slightly more favorable scenario than anticipated. However, Read more…
Markets There’s a huge week in front of us in terms of central bank meetings, eco data, geopolitics and supply. Starting off with central banks, the Bank of Japan (Tuesday), Fed (Wednesday) and Bank of Read more…
The US economy grew 4.9% in Q3, the durable goods orders rose nearly 5% in September, the Federal Reserve’s (Fed) favourite inflation gauge, the PCE index, came in higher than expected, as personal spending jumped Read more…
Market movers today We kick the week off with German and Spanish October inflation data ahead of the euro area figures tomorrow. In Germany, we also get the first estimate of Q3 GDP growth, where Read more…
Daily Pivots: (S1) 180.80; (P) 181.66; (R1) 182.27; More… Intraday bias in GBP/JPY remains neutral and further rise will remain mildly in favor as long as 181.00 support holds. Above 183.79 will resume the rise Read more…
Daily Pivots: (S1) 157.71; (P) 158.30; (R1) 158.71; More…. Intraday bias in EUR/JPY stays neutral at this point. Further rise is in favor as long as 157.67 support holds. Above 159.90 will resume larger up Read more…
Daily Pivots: (S1) 0.8699; (P) 0.8713; (R1) 0.8730; More…. Intraday bias in EUR/GBP remains neutral as sideway trading continues. In case of deeper retreat, downside should be contained by 55 D EMA (now at 0.8648).Firm Read more…
Daily Pivots: (S1) 1.6614; (P) 1.6663; (R1) 1.6727; More… Intraday bias in EUR/AUD remains neutral at this point, as sideway trading continues. Further rally is expected as long as 1.6550 support holds. Above 1.6843 will Read more…