Since reaching its low on April 7, 2025, Dow Futures (YM) has shown signs of recovery. The Index has initiated a rally that requires further development to confirm whether the April 7 low will hold as a significant bottom. To establish this, the Index needs to either achieve a new all-time high or complete a […]
The post Elliott Wave Insight: Dow Futures (YM) Set to Wrap Up Wave 3 Soon appeared first on Action Forex.
Oil prices surged yesterday ending the day with a 5.4% gain on heightened geopolitical risk from the Middle East. A decision by the US to lighten embassy staff in Iraq and move personnel in the Read more…
Producer Price Index (PPI) ex. Food & Energy (Core) (YoY): 3.0% vs 3.1% expected, miss of -0.1% Producer Price Index (PPI) ex. Food & Energy (Core) (MoM): 0.1% vs 0.3% expected, miss of -0.2% Producer Read more…
US initial jobless claims were unchanged at 248k in the week ended June 7, slightly below expectation of 251k. Four-week moving average of initial claims rose 5k to 240k, highest since August 26, 2023. Continuing Read more…