On Monday, July 8th, the USD/JPY pair closed slightly higher at 160.76 in New York trading, up a modest 0.02%. This minor gain can be attributed to some short-covering in the dollar index following Friday’s decline, temporarily...
Since last week, the euro has been gaining strength against the dollar, continuing its upward trend yesterday and briefly touching a high of 1.0844. Key Factors Influencing the Euro’s Performance The main driver behind the euro’s exchange...
Hello everyone! In today’s article, we will look at the past performance of the 4H Hour Elliott Wave chart of VanEck Gold Miners ETF ( $GDX ) . The rally from 2.28.2024 low at $25.64 unfolded as...
Novo Nordisk A/S (NVO), a healthcare company engages in the research, development, manufacture & marketing of the pharmaceutical products worldwide. It operates in two segments, Diabetes & Obesity care & Rare Disease. It is based in Denmark,...
The USD/JPY pair has recently experienced a pullback from its high of 161.95, breaking below the bottom of the rising price channel visible on the 4-hour chart. This development suggests that we may be entering a consolidation...
Short Term Elliott Wave in EURUSD suggests cycle from 4.16.2024 low is in progress as a 5 waves impulse. Up from 4.16.2024 low, wave 1 ended at 1.0916. Pullback in wave 2 ended at 1.0664 as the...
The Australian dollar (AUD) extended its gains against the US dollar (USD) on Thursday, July 4th, closing 0.3% higher at 0.6727. This marks the second consecutive day of gains for the AUD/USD pair, following a series of...
Short Term Elliott Wave in S&P 500 ETF (SPY) suggests rally from 4.20.2024 low is ongoing as a 5 waves impulse structure. Up from 4.20.2024 low, wave ((i)) ended at 534 and pullback in wave ((ii)) ended...
BEAMX token is a Confidential Asset issued on top of the Beam blockchain. In today’s article, we’ll dive into the Elliott Wave structure taking place and we’ll explore the potential path based on the Theory. Merit Circle (MC)...
The USD/JPY pair continues to show strength, maintaining its position within a rising price channel visible on the 4-hour chart. This suggests that the uptrend that began at 154.54 remains intact. Bullish Outlook As long as the...
