EURGBP: ⬆️ Buy – EURGBP reversed from support zone – Likely to rise to resistance level 0.8725 EURGBP currency pair recently reversed from the support zone between the strong support level 0.8620 (which has been Read more…
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The DOW is sending a very different message from the rest of Wall Street. While the S&P 500 and NASDAQ spent much of the past two sessions showing signs of caution ahead of today’s FOMC Read more…
Key takeaways Global markets paused ahead of the Federal Reserve meeting, with investors reducing risk exposure before Fed Chair Kevin Warsh’s first policy decision and updated economic projections. The S&P 500 slipped 0.6%, while the Read more…
Key Highlights GBP/USD attempted a fresh increase and tested the 1.3460 resistance. A key contracting triangle is forming with resistance at 1.3450 on the 4-hour chart. The UK Core CPI could increase 2.7% in May Read more…
Japan’s exports rose 17.0% yoy in May, accelerating from 14.8% yoy and exceeding expectations of 16.2% yoy, marking a ninth consecutive month of growth. Strong demand for semiconductors and electronic components linked to the global Read more…
Gold (XAUUSD) has completed its cycle from the April 17 peak and is now positioned for a corrective rally in three waves. The decline from that peak ended at $4025, which marked the completion of Read more…
Dow Jones: ⬆️ Buy – Dow Jones broke resistance level 51800.00 – Likely to rise to resistance level 53000.00 Dow Jones index recently broke the resistance zone between the resistance level 51800.00 (which stopped wave Read more…
Brent crude oil: ⬇️ Sell – Brent crude oil broke round support level 80.00 – Likely to fall to support level 75.00 Brent crude oil recently broke the support zone between the round support level Read more…
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