BoC’s Summary of Deliberations from its July meeting indicates a “clear consensus” on the need for more rate cuts if inflation continues to ease. With inflation “closer to target” and “downside risks” becoming “more prominent,” Read more…
We have revised our view to an expectation that the RBA will first start cutting rates at the February 2025 meeting, and end at 3.35%. There are risks on both sides of this forecast. As Read more…
Key Highlights Crude oil prices found support near the $72.00 zone. A connecting bearish trend line is forming with resistance at $76.60 on the 4-hour chart. EUR/USD is consolidating near the 1.0900 pivot zone. Bitcoin Read more…
Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of AUDCAD published in members area of the website. As our members know the pair has Read more…
Hello, traders! Welcome to a new blog post where we discuss how our Blue Box strategy helps ElliottWave-Forecast members identify high-confidence trade opportunities across 78 instruments. In this post, we’ll focus on the FTSE. The Read more…
USDCAD reversed from long-term resistance level 0.8430 Likely to fall to support level 1.3700 USDCAD currency pair recently reversed down from the resistance zone located between the long-term resistance level 0.8430 (which stopped the weekly Read more…
USDCHF reversed from support zone Likely to rise to resistance level 0.8735 USDCHF currency pair recently reversed up from support zone located between the support level 0.8430 (which stopped the weekly downtrend at the end Read more…
Disney (DIS) is starting to lose some of its magic as some of its customers are beginning to stand their ground against hiked prices. After the entertainment giant quietly increased prices for tickets and other Read more…
If you’ve spent any time around a shopping mall recently, chances are you’ve noticed a couple of changes. The locale used to be a hub for commerce, birthday parties, social get togethers, dining, and even a Read more…
A bunch of Reddit users drove up the share price of embattled company GameStop (GME) to over $400 in 2021, causing a short squeeze and pushing trading platform Robinhood to halt stock purchases temporarily. And Read more…