Funk
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EURGBP Perfectly Reacting Lower From Blue Box Area
In this technical blog, we are going to take a look at the past performance of EURGBP 4-Hour Elliott wave Charts that we presented to our members. In which, the decline to 2/14/2024 low took place as an impulsive structure and showed a lower sequence with a bearish right side tag calling f
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Markets weigh dovish NFP report
In focus today Today, Swedish Service PMIs for April are released at 8:30 CET. All its subindices were above the 50 marks in March. Although price index for raw materials and intermediate goods is lower compared to a year ago, it was still significantly higher compared to the manufacturing side. Com
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Fed decision explained and Apple beats the street [Video]
Get the inside scoop on the latest moves in financial markets with our deep dive into recent headlines: Make sense of what the US central bank said this week, how markets reacted and what might come next. Apple shares jumped after the company posted stronger-than-expected sales last quarter alongsid
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Gold price correction to the apex of triangle
Despite the solid long-term and medium-term bullish trends in the gold market, recent developments have initiated a short-term price correction. After achieving sustained growth, the price of gold has topped and begun consolidating to lower levels. This movement aligns with our forecasts that levera
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EUR/JPY expects support soon [Video]
Short term Elliott Wave view on EUR/JPY suggests the rally from 12.7.2023 low is in progress as a 5 waves. Up from 12.7.2023 low, wave 1 ended at 163.71 and pullback in wave 2 ended at 160.21. Pair extended higher in wave 3 towards 171.58. The 60 minutes time frame below shows the rally which ended
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Fed Heads have no choice but to keep rates either where they are, or hike them
Currencies rally on Monday, but get sold overnight. Digital currencies are coming, I can feel in the air tonight (Phil Collins!). Good Day... And a Tom Terrific Tuesday to you ! What Month are we in here? Yesterday, it was like an August day in S. Florida, as the day heated up, rain moved in for abo
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