Lesley
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NVDA Reacting Higher After Ending A-B-C Correction
In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of NVDA. We presented to members at the elliottwave-forecast. In which, the rally from 03 January 2024 low unfolded as an impulse structure and showed a higher high sequence favored more ups
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ECB's Cipollone: Seeing some signs of economic recovery
European Central Bank (ECB) Executive Board member Piero Cipollone said on Wednesday that they are seeing some signs of economic recovery in the Euro area, citing the latest PMI data. Cipollone said that they expect inflation to resume on its path toward 2% next year and reach the target in 2025. "I
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UK CPI: Not what BoE wants to see after stronger-than-expected wage numbers – TD Securities
Analysts at TD Securities note that UK inflation data came in stronger than expected in March, with headline inflation falling to 3.2% y/y and core declining to 4.2% y/y. This is not what the BoE wants to see "Services, which matters the most to the Bank of England (BoE), edged down just 0.1ppts to
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Brent crude prices dip amid concerns over global demand
Brent crude oil prices decreased slightly on Wednesday, falling to 89.50 USD per barrel. The decline is primarily attributed to concerns over global oil demand, particularly given the economic indicators coming out of China, the world's largest energy importer. Although China's GDP grew faster than
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EURGBP Elliott Wave : Selling The Rallies at Blue Box Area
Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of EURGBP published in members area of the website. Our team recommended members to avoid buying , while keep favoring the short side in the pair. Recently we got recovery that reach
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Israel-Iran military conflict views & takeaways
Summary Middle East tensions have escalated following Iran's strike on Israel this past weekend; however, we continue to believe a broader regional conflict is not imminent. In this report, we offer takeaways and perspective from the latest escalation, and also highlight that our global economic, mo
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UK GDP on track to surprise BoE to upside in Q1 – TD Securities
Analysts at TD Securities assess the latest Gross Domestic Product (GDP) data from the UK. Quarterly GDP on track to surprise the MPC to the upside "UK GDP rose 0.1% m/m in February, following an upwardly revised 0.3% m/m expansion in January. While both hospital and food services fell sharply, as w
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