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Forex
Swiss Market Index Elliott Wave technical analysis [Video]
Swiss Market Index Wave technical analysis
Function: Trend.
Mode: Impulsive.
Structure: Navy blue wave 1.
Position: Gray wave 3.
Direction next lower …
Forex Today: Pound Sterling rises on hot UK inflation, US Dollar extends slide
Here is what you need to know on Wednesday, May 21:Pound Sterling (GBP) gathers strength against its rivals early Wednesday following the release of April…
Gold price hits nearly two-week high around $3,320 area; seems poised to climb further
Gold price scales higher for the third straight day amid sustained USD selling bias.US fiscal concerns and Fed rate cut bets drag the USD to a nearly two-week…
Australian Dollar remains stronger as US Dollar struggles over economic concerns
The Australian Dollar strengthens as the US Dollar weakens amid concerns over the economic outlook and declining business sentiment.Federal Reserve officials…
UK CPI expected to reveal inflation rose in April, well above BoE’s goal
The United Kingdom’s Office for National Statistics will publish the April CPI data on Wednesday.Inflation, as measured by the CPI, is forecast to be much…
Silver Price Forecast: XAG/USD consolidates around $33.00; seems poised to climb further
Silver struggles to capitalize on the previous day’s strong move up. A breakout through a short-term descending channel favors bulls.Dips could be seen as a…
NZD/USD holds above 0.5900 on weaker US Dollar, renewed US-China tensions might cap its upside
NZD/USD drifts higher to around 0.5935 in Wednesday’s early Asian session, adding 0.18% on the day.New Zealand's Trade Surplus climbs to NZ$1,426 million in…
WTI climbs to near $63.00 on report that Israel is preparing to strike Iran
WTI price edges higher to around $62.95 in Wednesday’s early Asian session. Oil inventories rose by 2.499 million barrels in the week ended May 16, according…
New intelligence suggests Israel is preparing possible strike on Iranian nuclear facilities – CNN
The United States (US) has obtained new intelligence suggesting that Israel is making preparations to strike Iranian nuclear facilities, even as US President…
Fed’s Bostic: More businesses say they can’t delay tariff response any longer
Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic hit newswires on Tuesday, warning that more businesses are geared to begin adjusting their…