The British pound has posted slight losses on Tuesday. GBP/USD is down 0.08%, trading at 1.2548 in the European session at the time of writing. UK job growth slides The UK labor market continues to Read more…
Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of Dollar Index, published in members area of the website. As our members know, USDX has Read more…
Market picture Crypto market capitalisation rose 0.8% over the past 24 hours to 2.2 trillion, but growth exceeded 2% for most of the period. However, it dipped at the start of active European trading, temporarily Read more…
Check back for updates throughout the trading day U.S. equity futures edge higher in early Tuesday trading, while the dollar held steady against its global peers, as investors looked to a twin set of inflation Read more…
German ZEW Economic Sentiment jumped from 42.9 to 47.1 in May, above expectation of 44.9. Current Situation Index also rose from -79.2 to -72.3, above expectation of -75.0. Eurozone ZEW Economic Sentiment rose from 43.9 Read more…
BoE’s Chief Economist Huw Pill suggested today that it is “not unreasonable” for central bank to consider rate cuts over the summer. However, he emphasized the critical need for to maintain a “restrictive stance” on Read more…
EURJPY in the green for the seventh consecutive trading day Bulls aim for April’s multi-year highs, but they might run out of steam soon For the past week, EURJPY has been experiencing a non-stop upward Read more…
GBPUSD looks neutral in very short-term A jump above 1.2630 could add some optimism Stochastic and MACD are mixed GBPUSD has successfully jumped above the 200-day simple moving average (SMA) with the next crucial obstacle Read more…
Short Term Elliott Wave in DAX suggests that the Index ended wave (4) pullback at 17626.54. From there, it rallies higher in wave (5) as a nesting impulse Elliott Wave structure. Up from wave (4), Read more…
Daily Pivots: (S1) 195.21; (P) 195.75; (R1) 196.74; More… Intraday bias in GBP/JPY stays on the upside at this point. Rebound from 191.34 is seen as the second leg of the corrective pattern from 200.53, Read more…