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RIO Stock Analysis and Elliott Wave technical forecast [Video]
ASX: RIO TINTO LIMITED - RIO Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart).
Greetings, Our Elliott Wave analysis today updates the…
USD/INR holds steady despite the firmer US Dollar
The Indian Rupee trades flat in Monday’s early European session.
Lower crude oil prices underpin the INR, but persistent Indian foreign outflows could cap…
EUR/USD Price Analysis: Remains above 1.0750, descending channel pattern
EUR/USD tests the upper boundary to re-enter the descending channel pattern.
If the 14-day RSI falls below the 30 level, it would signal an oversold…
Australian Dollar extends losses, downside seems limited due to hawkish RBA
The Australian Dollar depreciates as the US Dollar remains solid following recent data.
The Aussie Dollar may regain its ground due to the hawkish RBA’s…
Japanese Yen hangs near multi-month low as Japan’s election adds to BoJ rate hike uncertainty
The Japanese Yen weakens in reaction to political development after Sunday’s election.
The uncertainty over the BoJ’s rate-hike plan weighs heavily on the…
NZD/USD softens below 0.6000 amid expectation of slower pace of Fed rate cuts
NZD/USD weakens to near 0.5970 in Monday’s early Asian session.
Expectation of slower pace of Fed rate reductions boosts the US Dollar.
Fresh stimulus…
BoC Macklem: If population growth slows more than assumed, headline GDP will be lower
Bank of Canada (BoC) Governor Tiff Macklem said on Friday that if population growth slows faster than assumed, the headline Gross Domestic Product (GDP) will…
AUD/USD remains weak near 0.6600 amid firmer US Dollar
AUD/USD trades with mild losses around 0.6605 in Monday’s early Asian session.
The US Michigan Consumer Sentiment Index was stronger than expected, rising…
EUR/GBP Technical Analysis: Continues sideways, capped by 20-day SMA
Pair trades sideways within a narrow range, indicating indecisive market sentiment.
RSI suggests increasing selling pressure, while MACD signals weakening…
Tesla stock breaks above $265 resistance, historic TSLA rally continues through day two
Tesla stock garners another 3% day after historic rally.
TSLA stock rose the most in one day on Thursday since May 2014.
Tesla shares rose 21.9% on…