The British pound is slightly lower on Friday after disappointing numbers from retail sales and consumer confidence. UK retail sales, consumer confidence fall Consumers held tighter to their pocketbooks in February, as retail sales declined. Read more…
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of GOLD, published in members area of the website. As our members know, we’ve been favoring Read more…
Its founder was the inventor of the well-used MACD market indicator. Here, his son talks about how markets and indicators have changed over the past five decades. You probably are unaware of how big a Read more…
Germany Ifo Business Climate dropped from 98.5 to 90.8 in March, below expectation of 94.5. Current Situation index dropped from 98.6 to 97.0, below expectation of 97.3. Expectations index dropped from 98.4 to 85.1, well Read more…
A bill that would remove cannabis from the list of federally controlled substances will be voted on by Congressional lawmakers as early as next week, reports suggest. U.S.-listed cannabis stocks surged higher Friday following a Read more…
Stock futures steady, oil slips as Biden wraps up European summit; Apple leads big tech lower as EU sees October launch for new rules; Boeing shares dip on 737 Max delay reports, China crash search; Read more…
GBPJPY reached a fresh six-year high of 161.48 earlier today but the price has now pulled back to around 160.75. The pair has risen sharply from the two-month trough of 150.97 plumbed on March 8. Read more…
EUR/USD During the last session the movement of the currency pair remained in a narrow range. Support at 1.0974 was tested three times, but the price failed to stay below it. The downward movement is Read more…
American stocks rose on Thursday evening after mixed economic data from the country. According to the Bureau of Labor Statistics (BLS), the country’s initial jobless claims declined from 215k to 187k last week. This was Read more…
Markets Wednesday’s ‘classic’ risk-off correction with a setback in equities and a decline in yields proved to be a one-off rather than the start of a new trend. Oil (temporarily?) returning above $120 p/b was Read more…