Cuthbert
He liked
He liked
He liked
EUR/JPY Price Analysis: Bullish momentum prevails, reaches its highest since 2008
The daily RSI signals growing buying momentum for the EUR/JPY. The daily MACD also shows a strengthening buying momentum. On the hourly chart, the same indicators reveal signs of a more immediate buyer dominance. The EUR/JPY rose towards 165.64 on Tuesday’s session, its highest level since 2008, sho
He liked
FTSE100 outlook: Hits new record high
FTSE 100 FTSE 100 index hit new marginally higher record high on Tuesday, as strong bullish acceleration extends into third straight day. Strong gains in UK defense stocks, food producers and retailers, along with weaker pound and rising commodity prices contributed to strong advance of blue-chip st
He liked
He liked
He liked
ECB rate cuts approaching
A backdrop of geopolitical unrest in the Middle East, rising commodity prices and surprisingly strong US data have fuelled rising yields across the globe in the past month. Shifts in US yields remain the decisive factor for developments. In the space of just one month, the benchmark US 10Y Treasury
He liked
Elliott Wave analysis on Gold: Intraday retracement within bull run
Gold has seen a bullish trend over the past few months, and we are currently witnessing strong and accelerating price action, driving the metal to new all-time highs. The drivers behind this surge are geopolitical tensions and its role as an inflation hedge. Interestingly, this ascent is occurring d
He liked
The weekly trade long holds as EUR/USD trades deeply oversold
GDP as a release offers Income, savings, disposable. Then comes a broad category of industry contributions to GDP such as durable goods and healthcare and profits by industry. GDP as a release is an extremely broad and generalized category. Inflation as next release is the breakdown of GDP. For GDP,
He liked
He liked
He liked
CADJPY Elliott Wave : Forecasting the Rally After 3 Waves Pull Back
In this technical blog we’re going to take a quick look at the Elliott Wave charts of CADJPY , published in members area of the website. As our members know we are favoring the long side in YEN pairs. Recently the pair has given us 3 waves pull back that found buyers right at the equal legs are
He liked
Wall Street Might Open Positive, Despite Geopolitical Tensions
Inflation concerns and geopolitical tensions might continue to weigh on Monday. Iran's drone attack against Israel and the Middle East tensions are closely monitored by investors. In the Asian trading session, oil prices fell slightly, as there is a fear that Brent might surpass $100 a barrel. Early
He liked
XAU/USD 15 April 2024 Intraday Analysis
#XAU/USD# H4 analysis: Analysis/Bias remains the same as yesterday's weekly analysis dated 14 April 2024 -> Swing: Bullish. -> Internal: Bullish. Gold continues it's relentless bullish run and continues to print all time highs. Price on all HTF's requires a pullback. Bearish CHoC
Pull-up Update