fergus
He liked
He liked
He liked
EUR/GBP may drop out of running triangle [Video]
EURGBP is slow and sideways and trapped in big range when looking at monthly or weekly charts, so it seems that pair is trapped in a very big complex consolidation, possibly even in an A-B-C-D-E triangle within wave (B). In a triangle, each leg is made by three waves; (A)-(B)-(C); and with recent si
He liked
He liked
U.S. Dollar Appreciates After Strong Retail Sales Data
The U.S. dollar was higher against its major counterparts in the New York session on Monday, as the nation's retail sales increased much more than expected in the month of March. Retail sales climbed by 0.7 percent in March after advancing by an upwardly revised 0.9 percent in February. Economists h
He liked
He liked
He liked
He liked
Gold & Silver draw big attention as inflation runs hot [Video]
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. As inflation continues to come in hotter than expected, gold and silver markets continue to gain upside momentum, although today’s market action is very wild. Gold ran up to another new record milestone near $2,400 an ounce in intra-day t
He liked
He liked
AUD/USD stays firm amid mixed US economic data
AUD/USD edges up to 0.6539 after US producer inflation hints at easing pressures. US Jobless Claims drop, indicating a resilient labor market despite mixed economic signs. Federal Reserve officials express concerns over inflation trends, influencing market expectations about the timing and extent of
He liked
Ireland Inflation Eases To 2.9%, Lowest In 31 Months
Ireland's consumer price inflation eased further in March to the lowest level in more than two-and-a-half years, data from the Central Statistics Office showed on Thursday. The consumer price index climbed 2.9 percent year-over-year in March, slower than the 3.4 percent rise in February. Further, th
He liked
XAUUSD - 15M TF - Analysis
#XAU/USD# Trade Plan 1: Analysis Time Frame: 15M Order - Buy Stop Risk on Account 1% Entry Price: 2340.672 Stop Loss: 2328.018 TP1: 2353.326 TP2: 2365.98 Trade Plan 2: Analysis Time Frame: 15M Order - Sell Stop Risk on Account 1% Entry Price: 2328.018 Stop Loss: 2340.672 TP1: 2315.364
He liked
USD/JPY hovers around 153.00, the highest level since July 1990, eyes on intervention risks
USD/JPY trades softer to 153.00 after reaching the July 1990 tops on Thursday. The US CPI inflation rose more than expected in March, triggering the Fed to delay rate cuts this year. The potential FX intervention from the BoJ might provide some support to the JPY. The USD/JPY pair trades on a weaker
Pull-up Update