Cleveland Fed President Loretta Mester reiterated yesterday that Fed should “front-load” interest rate hikes in the first of of the year, and start quantitative tightening at the same time. “We have to recognize that inflation Read more…
Key Highlights Crude oil price started a steady increase above the $105.00 resistance. A key bullish trend line is forming with support near $113.70 on the 4-hours chart. Gold price is consolidating above the $1,900 Read more…
US indices pulled back from their highs overnight as bond yields continued to scream higher as Fed officials maintained their hawkish rhetoric. Wednesday US cash market close: The Dow Jones Industrial fell -448.96 points (-1.29%) Read more…
There is a strong positive correlation between the direction of WTI Crude Oil and USD/HUF After days of bullish news for Crude, WTI oil moved higher on 4 of the last 5 trading days. Let’s Read more…
In this technical blog we’re going to take a quick look at the Elliott Wave charts of GBPUSD. As our members know, the pair shows bearish sequences in the cycle from the June 1st 2021 Read more…
EURJPY is close to breaking above the previous high on June 1, 2021 at 134.12. A break above that level should create a bullish sequence from May 2020 low favoring further upside. Near term, cycle Read more…
GBPCHF reversed from resistance level 1.2400 Likely to fall to support level 1.2140 GBPCHF recently reversed down from the resistance level 1.2400 (top of the previous wave (a)), upper daily Bollinger Band and the 61.8% Read more…
The crypto exchange has just teamed up with one of the most popular sports on the planet. But how far will Crypto.com go? The crypto exchange continues to expand its grip on sports. The platform Read more…
The billionaire has just inaugurated Tesla’s factory near Berlin. Elon Musk is definitely an atypical CEO. The charismatic CEO of Tesla (TSLA) – Get Tesla Inc Report and SpaceX has managed over the years to Read more…
The software giant has admitted to having been the victim of a cyberattack. Microsoft (MSFT) – Get Microsoft Corporation Report confirmed that it has become the latest victim of the data extortion group Lapsus$, which claimed Read more…