“My management theme for 2023 is the ‘Year of Efficiency’,” said CEO Mark Zuckerberg. Meta Platforms (META) – Get Free Report shares soared higher Thursday, after the social media group unveiled plans for a $40 billion stock Read more…
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURUSD, published in members area of the website. As our members know, recently EURUSD made Read more…
After a sluggish start to the week, AUD/USD bounced back on Wednesday with gains of 1.18%. The pair has edged lower on Thursday and is trading at 0.7137 in the European session. Powell sends US Read more…
Stock futures extend gains as Powell comments feed bulls; Fed Chair Powell talks ‘disinflation’ amid rate hike push; Meta soars on $40 billion buyback, solid revenue forecast; Apple earnings on deck, supply chain impact in Read more…
Daily Pivots: (S1) 158.77; (P) 159.73; (R1) 160.53; More… Intraday bias in GBP/JPY stays neutral for the moment. On the upside, sustained trading above 55 day EMA (now at 161.70) will turn bias to the Read more…
Daily Pivots: (S1) 141.15; (P) 141.49; (R1) 142.07; More…. Intraday bias in EUR/JPY remains neutral at this point. On the upside, decisive break of 142.84 resistance will argue that the correction from 148.38 has completed. Read more…
Daily Pivots: (S1) 0.8835; (P) 0.8860; (R1) 0.8906; More… EUR/GBP’s rally from 0.8545 resumed by breaking through 0.8896 resistance. Intraday bias is back on the upside for 61.8% projection of 0.8545 to 0.8896 from 0.8720 Read more…
Daily Pivots: (S1) 1.5346; (P) 1.5412; (R1) 1.5465; More… Intraday bias in EUR/AUD remains neutral for the moment. On the upside, above 1.5496 will affirm the case of short term bottoming 1.5254, after defending 1.5271 Read more…
Daily Pivots: (S1) 0.9952; (P) 0.9981; (R1) 1.0013; More…. Intraday bias in EUR/CHF is turned neutral first with current recovery. Outlook is unchanged that corrective pattern from 1.0095 is extending. Risk will stay on the Read more…
AUDUSD surged to a fresh eight-month high of 0.7157 earlier today, boosting the rebound off the 0.6985 support level. The price is creating a steep bullish tendency after it bottomed at 0.6170 with the technical Read more…