Daily Pivots: (S1) 1.3762; (P) 1.3774; (R1) 1.3797; More… USD/CAD’s break of 1.3790 resistance strengthens the case that consolidation from 1.3845 has completed at 1.3588. Intraday bias remains on the upside for retesting 1.3845 high Read more…
Daily Pivots: (S1) 0.6603; (P) 0.6625; (R1) 0.6637; More… AUD/USD’s fall from 0.6798 continues today and intraday bias remains on the downside. Rise from 0.6361 might have completed already. Deeper fall would now be seen Read more…
Daily Pivots: (S1) 1.0832; (P) 1.0865; (R1) 1.0885; More….. Intraday bias in EUR/USD remains mildly on the downside at this point. Fall from 1.0947 short term top should extend to 55 D EMA (now at Read more…
Daily Pivots: (S1) 1.2884; (P) 1.2911; (R1) 1.2935; More… Intraday bias in GBP/USD remains neutral for the moment. Further rally is expected for now. Break of 1.3043 will resume the rise from 1.2298 and target Read more…
EUR/USD started a fresh decline below the 1.0900 support. USD/CHF is rising and might aim a move toward the 0.9000 resistance. Important Takeaways for EUR/USD and USD/CHF Analysis Today The Euro struggled to clear the Read more…
Germany’s Gfk Consumer Sentiment for August rose to -18.4, surpassing expectations of -21.1, and marking an improvement from July’s -21.6. In July, economic expectations jumped from 2.5 to 9.8, and income expectations surged from 8.2 Read more…
Markets In a session with few important data core bonds remained well bid, Bunds outperforming Treasuries. German yields declined between -11.6 bps (2-y, benchmark change) and -4.5 bps (30-y) in a bull steepening move. Investors Read more…
Short Term Elliott Wave View in Oil (CL) suggests that cycle from 4.12.2024 high is in progress as a 5 waves impulse Elliott Wave structure. Down from 4.12.2024 high, wave (1) ended at 72.48 and Read more…
In this technical blog, we will look at the past performance of the Daily Elliott Wave Charts of Bitcoin ticker symbol: $BTCUSD. We presented to members at the elliottwave-forecast. In which, the rally from the Read more…
The first view on Big Tech earnings wasn’t inspiring. Tesla’s earnings missed estimates for the 4th consecutive quarter as revenue from car sales declined 7%. The company’s energy generation and storage revenue doubled and services Read more…