Month: May 2024

Markets All eyes are on Wednesday’s US CPI inflation print and to a lesser extent its PPI precursor tomorrow. That led to stoic, listless trading at the start of the new week. China announced during Read more…

In this technical article we’re going to take a quick look at the Elliott Wave charts of Copper Futures HG_F, published in members area of the website. As our members know, Copper is showing impulsive Read more…

Southwest Airlines does not offer some of the perks that other airlines offer.  The airline does not offer business- or first-class seating, so it can’t reward its most loyal passengers by bumping them up to Read more…

Daily Pivots: (S1) 155.38; (P) 155.65; (R1) 156.02; More… USD/JPY continues to lose upside momentum as seen in 4H MACD, but further rise is still mildly in favor. Rebound from 151.86, as the second leg Read more…

Daily Pivots: (S1) 0.9048; (P) 0.9066; (R1) 0.9084; More…. USD/CHF is staying above 0.9005 support despite today’s dip and intraday bias remains neutral. Further decline is in favor as long as 55 4H EMA (now Read more…

Daily Pivots: (S1) 1.2504; (P) 1.2523; (R1) 1.2543; More… GBP/USD is staying below 1.2633 resistance despite today’s rally. Intraday bias remains neutral for the moment. Further rise is mildly in favor with 1.2445 support intact. Read more…

Daily Pivots: (S1) 1.0757; (P) 1.0773; (R1) 1.0787; More… EUR/USD is staying below 1.0810 resistance despite today’s rise. Intraday bias remains neutral at this point. Further rally is expected as long as 55 4H EMA Read more…

Fresh selling is seen in Yen and Dollar in early US session, as the markets are going through a quiet day. There is no immediate fundamental catalyst identified for these movements. Traders might be repositioning Read more…