Daily Pivots: (S1) 0.8790; (P) 0.8809; (R1) 0.8824; More…. Intraday bias in USD/CHF remains on the downside at this point. Current fall from 0.9243 should target 100% projection of 0.9243 to 0.8886 from 0.9111 at Read more…
DXY: The DXY (US Dollar Index), the overall momentum of the chart is bearish, indicating a downward trend. The price could potentially continue its bearish movement towards the 1st support. The 1st support at 102.94 Read more…
Short Term Elliott Wave in EURUSD suggests rally from 10.4.2023 low is in progress as a 5 waves impulse structure. Up from 10.4.2023 low, wave ((i)) ended at 1.0694 and pullback in wave ((ii)) ended Read more…
Daily Pivots: (S1) 148.26; (P) 148.97; (R1) 149.40; More… USD/JPY’s break of 148.57 minor support indicates rejection by 55 4H EMA. Intraday bias is back on the downside to extend the decline from 151.9. Next Read more…
Yen has a notable bounce in Asian session today, fueled by a Nikkei report suggesting that BoJ is finally near to the end its negative interest rate policy. This policy shift, which could see interest Read more…
In a central bank conference held in Hong Kong, RBA Governor Michele Bullock said that monetary policy is currently restrictive, a necessary stance to moderate demand and anchor inflation expectations. Bullock highlighted the need to Read more…
US bond yields fell substantially despite only minor data, weighing on the US dollar. AUD/USD traded above 0.6600 for the first time since August. Today’s data includes Australia October retail sales and US November consumer Read more…
Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of USDJPY published in members area of the website. As our members know USDJPY has recently Read more…
The Las Vegas Strip has been a top destination this year for some of the most iconic pop and rock music performers, and it will continue that tradition into 2024. Tropical rock star Jimmy Buffett Read more…
Australia’s retail sales turnover in October displayed an unexpected downturn, falling by -0.2% mom, contrary to the anticipated rise of 0.1% mom. This decline follows a period of growth, with 0.9% mom increase in September Read more…