Month: June 2025

Since reaching its low on April 7, 2025, the S&P 500 (SPX) has embarked on an impulsive rally. From that bottom, the index progressed through distinct waves, as defined by Elliott Wave theory. Wave 1 Read more…

BoJ Governor Kazuo Ueda reiterated to parliament today that interest rate hikes will continue, though cautiously, once the central bank gains “more conviction that underlying inflation will approach 2% or hover around that level”. Ueda Read more…

Australia’s NAB Business Confidence index turned positive in May, rising from -1 to 2. However, the improvement in confidence was not matched by underlying business conditions, which weakened further. Business Conditions index slipped from 2 Read more…

Australia’s Westpac Consumer Sentiment index rose a modest 0.5% mom in June to 92.6, reflecting a population still mired in what Westpac called a “holding pattern of cautious pessimism.” The data reveal “two clear opposing Read more…

Key Highlights WTI Crude Oil prices started a decent increase above the $62.50 level. A key bullish trend line is forming with support at $64.20 on the 4-hour chart. Gold prices are facing hurdles near Read more…

CADJPY: ⬇️ Sell  CADJPY reversed from resistance area Likely to fall to support level 104.00 CADJPY currency pair recently reversed down from the resistance area between the pivotal resistance level 106.00 (which has been reversing Read more…

Bitcoin: ⬆️ Buy Bitcoin broke daily down channel Likely to rise to resistance level 110,000.00 Bitcoin cryptocurrency recently broke the resistance trendline of the daily down channel from May (which encloses the previous ABC correction Read more…

As workers in the United States approach retirement, it’s natural for them to worry about Social Security and how it will support their financial well-being in their post-career lives. Notable entrepreneur Scott Galloway, the popular Read more…