A widely followed economic indicator based on the diffusion index is the purchasing managers’ index. Canva What Is a Diffusion Index? A diffusion index is a metric used to show the dispersion of change relative Read more…
Learn the basics of Classes and get your first taste of Object Oriented Programming in Python in this tutorial You will learn about: Class creation self — what it means Subclass creation Polymorphism Want to Read more…
Gold’s selloff is finally picking up momentum today and breach of 1786.65 support indicates resumption of whole decline from 2070.06. Further fall should be seen to 61.8% projection of 1998.23 to 1786.65 from 1878.92 at Read more…
What an end to the first half of 2022. It is has certainly not been short on excitement, offering traders plenty of tradeable opportunities. Read below to find out more. Dollar Index (DXY): Despite a Read more…
Bitcoin was down 7.2% on Thursday, ending it at around $18,800. Ethereum lost 8.7%, while other leading altcoins in the top 10 fell from 4.4% (BNB) to 10.6% (Dogecoin). However, Bitcoin greeted the new day, Read more…
GBPJPY sharpened its downturn below the 20-day simple moving average (SMA) and a key support trendline on Friday, tumbling to a two-week low of 163.24. The price is also set for a close below the Read more…
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURAUD, published in members area of the website. As our members know, we’ve been favoring Read more…
Wall Street kicked-off the second half of the year much as it ended the first: focused in the impact inflation will have on growth prospects for the world’s biggest economy. Updated at 8:01 am EST Read more…
The Eurozone CPI data came in earlier, although we already had inflation data from several countries in the block earlier in the week, meaning it didn’t have a significant impact on the markets. Nevertheless, the Read more…
The Euro started a fresh decline below the 1.0500 support zone against the US Dollar. The EUR/USD pair even traded below the 1.0420 level before the bulls appeared near the 1.0380 level. A low is Read more…