Short term outlook in DAX suggests the decline to 12420.10 ended wave II. This ended the correction of the rally starting from March 2020 Covid-19 low. The Index has started to rally again in wave III. This view however needs validation by breaking above the previous wave I high at 16290.19 on November 2021. Until […]
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Summary United States: Data Came in Like a Butterball Anyone who has ever gobbled until they wobbled can tell you it can be challenging to digest too much at one time. In the financial world, Read more…
Bitcoin rebounds after hitting support near 90,600 This could mean that the bearish correction is over A break above 100,000 could signal uptrend continuation For the picture to turn bearish, a dip below 66,700 may Read more…
The Reserve Bank of New Zealand (RBNZ) cut its key interest rate by 50 basis points to 4.25%, bringing the total number of cuts in this cycle to 125. The move was in line with Read more…