The price came to the line and the resistance level . And now I expect to go down. the target is the nearest support line at 0.653. Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
Recent strength in Australian dollar has sent AUDNZD to the highest level in 2 years. Notwithstanding the second wave of coronavirus outbreak, and the renewed lockdown measures, in Victoria, Aussie has remained firm. While all major currencies have appreciated in light of the broad-based USD weaknes
On Tuesday, New Zealand (NZ) confirmed 13 new coronavirus cases despite the lockdown in Auckland since August 12.
NZ Prime Minister (PM) Jacinda Ardern delayed the general election by four weeks until Oct. 17 as the nation’s first community outbreak of COVID-19 in more than three months worsens.
Despite the impact of COVID-19 pandemic across most of the industries globally, the blockchain sector in China is booming. According to decentralized data provider LongHash, more than 10,000 new blockchain companies were registered in China so far this year.
Only been seven months into t
DXY bounces off fresh lows and reclaims the 93.00 mark.
Markets keep looking to the US politics and the relief package.
US Non-farm Payrolls will be the salient event later in the session.
The greenback manages to regain some buying interest at the end of the week and pushes the US Dollar Index (DX
Australia's retail sales grew at a moderate pace in June, revised data published by the Australian Bureau of Statistics showed Tuesday.
Retail turnover advanced 2.7 percent on a monthly basis in June, following a 16.9 percent increase in May. The rate was faster than the 2.4 percent increase estimat
German Retail Sales dropped 1.6% MoM in June vs. -3.3% expected.
Retail Sales jumped 5.9% YoY in June vs. +3% expected.
According to the latest data reported by Germany’s Destatis on Friday, the country’s Retail Sales arrived at 1.6% MoM in June versus -3.3% expected and +12.7% last.
On an annual
The Tel Aviv Stock Exchange (TASE) is set to launch its distributed ledger technology (DLT) securities lending project, which aims to fill a gap in the Israeli securities market, where there is currently no central lending platform.
Once launched in November, the platform will create
Photo: Finance Magnates
Another chunk of the 120k Bitcoins lost during the cyber-attack towards Bitfinex crypto exchange in 2016 has been mysteriously moved today, sparking fresh speculation over the identity of the hackers behind the theft.
Specifically, Twitter-based crypto transaction tracker W
According to the latest Reuters poll, the UK economy is expected to rebound at the quickest pace in decades this quarter, as it has reopened following a nationwide shutdown induced on account of the coronavirus pandemic.
“Almost 85% of respondents, 32 of 38, thought the outlook for the
The UK unemployment remained unchanged in three months to May, data from the Office for National Statistics showed Thursday.
In three months to May, the jobless rate was largely unchanged at 3.9 percent, well below economists' forecast of 4.2 percent.
The ONS said early indicators for June suggested
Following the release of the Bank of Japan’s (BOJ) monetary policy decision, the quarterly outlook report underscored the downside risks looming for the Japanese economic and price outlook.
Japan consumption likely to pick up after big slump.
Consumer inflation to continue fall
USDJPY broke key level around 106.600 and retested it price below SMA 100 MACD shows decreasing of bullish momentum RSI below 50 so its expected bearish momentum to demand zone around 104.700
After a run-up in risk assets from the middle of May, broad consolidation was the main feature of the capital markets last week. Markets were calmer. The three-month implied volatility of all the major currencies fell, led by the usually high-beta dollar bloc. The VIX, which measures the volatilit
In this webinar I have discussed practical application of Elliott Wave using various chart including Crude Oil, Gold, SPX, Nifty 50, Aurobindo Pharma (NSE Stock), Amazon (NASDAQ Stock).
Possible trading strategies using Elliott Wave for June and July 2020 have also been discussed wherever applicable