German 40 index looks for a bullish channel breakout Will the index resume its long-term uptrend? The German 40 index (cash) has been trending southwards within a channel since marking the record high of 17,000 in mid-December. The downward-sloping formation could be part of a bullish continuation flag pattern followed by the almost vertical October-December uptrend. The […]
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Daily Pivots: (S1) 1.1488; (P) 1.1518; (R1) 1.1570; More…. EUR/USD is still bounded in established range trading and intraday bias remains neutral. Further decline is in favor as long as 1.1666 resistance holds. On the Read more…
ECB rate hike expectations are gaining traction in markets, with growing speculation that tightening could begin as early as April. Major institutions including Barclays and J.P. Morgan are now forecasting an initial move next month, Read more…
Like “snakes on a plane” and “how do you fly this thing again?”, some phrases and situations make for film-worthy content precisely because they are the last thing that one wants to hear as a Read more…