Traders expect this week’s Fed meeting to be the proverbial “calm before the storm” of aggressive Fed tightening throughout the rest of the year – see what the possibilities are! On the face, this week’s Read more…
The main event this week will be the Fed’s policy decision at 19:00 GMT Wednesday. No action is expected, but with the markets pricing in four rate increases for this year, the central bank is Read more…
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of NZDUSD. As our members know, NZDUSD is showing incomplete bearish sequences in the cycle from Read more…
The minor gains on Wall Street may not look like much initially, but they become more impressive when compared to their initial losses of around -5%. Monday US cash market close: The Dow Jones Industrial Read more…
Rollercoaster start to the week It’s been an awful couple of months for bitcoin , plunging more than 50% from its highs and looking extremely vulnerable to further losses. What started as a correction in Read more…
After a brighter start to the new week, it was more of the same since the European markets opened. US index futures have turned negative, along with European indices as investors continue to shun risk. Read more…
EURGBP reversed from long-term support level 0.835 Likely to rise to resistance level 0.6800 EURGBP currency pair recently reversed up from the long-term support level 0.835 (which has been steadily reversing the pair from 2016), Read more…
The cryptocurrency fear and greed index was down to 11 on Sunday and slightly up to 13 by early Monday. Crypto market capitalisation lost another 1.1% overnight to $1.61 trillion, the lowest since August. As Read more…
Smart investors make a plan and stick to it, says Jim Cramer. Those who were prepared for Monday’s weakness should be happy. If you bought into today’s weakness, you’ve gotta be pretty happy with your Read more…