Elliott Wave Technical Analysis – IBEX 35 (Spain) Index
IBEX 35 (Spain) Elliott Wave Analysis Trading Lounge IBEX 35 (Spain) Elliott Wave Technical AnalysisTechnical Analysis Summary Function: Counter Trend Mode: Corrective Structure: Gray wave 2 Position: Orange wave 3 Direction Next Higher Degrees: Gray wave 3 Details: Gray wave 1 appears completed. Currently, gray wave 2 of orange wave 3 is in progress. Wave Cancel Invalidation Level: 10,289.18 Analysis […]
FX Daily: Dollar Sprints To The Finish Line
Image Source: PexelsThe Fed delivered a hawkish cut yesterday, signalling only 50bp of easing in 2025 and shifting to a more patient tone on easing. That has led to another dollar rally, which we see extending into the new year. A hesitant BoJ has added fuel to the USD/JPY bull run. Today, the macro year will be […]
Here’s Why The Russell 2000 ETF Slumped After Fed Decision
Image Source: PixabayThe iShares Russell 2000 ETF (IWM) crashed hard after the Federal Reserve delivered a highly hawkish interest rate decision. It slumped by over 3%, reaching a low of $218, its lowest level since November 5. It has dropped by almost 10% from the highest level this year, meaning that it is nearing a short-term […]
Silver Price Forecast: XAG/USD Falls To Three-Month Lows Near $29.50
Image Source: Pixabay Silver price reached a three-month low at $29.26 on Thursday. Non-yielding Silver depreciates as the Fed’s “dot plot,” anticipates only two rate cuts in 2025. The BoJ kept the short-term rate target within the range of 0.15%-0.25%. Silver price (XAG/USD) extends its losing streak for the sixth consecutive session, trading around $29.50 per […]
Financial Markets Report For Wednesday, Dec 18
Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Wednesday, December 18.Video Length: 00:16:08More By This Author:Metal Markets Report For Wednesday, Dec 18Metal Markets Report For Tuesday, Dec 17Financial Markets Report For Tuesday, Dec 17
Elliott Wave Technical Analysis: Bitcoin Crypto Price News For Thursday, Dec 19
Image Source: PexelsElliott Wave Analysis TradingLounge Daily ChartBitcoin/ U.S. dollar(BTCUSD)BTCUSD Elliott Wave Technical AnalysisFunction: Follow TrendMode: MotiveStructure: Impulseposition: Wave (3)Direction Next higher Degrees: wave VWave Cancel invalid level: Details: The five-wave rise of wave V is likely equivalent to wave (I). Bitcoin/ U.S. dollar(BTCUSD)Trading Strategy: Wave (3) appears to have ended and the price is now entering a […]
Current Report: Mitsubishi Shokuhin
Image Source: PixabayMitsubishi Shokuhin Co Ltd (MSHXF) is a Japan-based company engaged in the food and beverage business. The company offers processed foods, frozen and chilled foods, alcoholic beverages and confectioneries at wholesale prices.Its product portfolio includes seasoning products, noodles, dry goods, alcoholic and non-alcoholic beverages, frozen foods, and confectionery. It also operates in the real […]
Sticky UK Services Inflation To Come Lower In 2025
Image Source: PexelsServices inflation is stuck at 5% and will stay around there for the next few months. But further progress, helped by more benign annual rises in index-linked prices in April, should see ‘core services’ inflation fall materially in the spring. We think that will be the catalyst for the Bank of England to cut […]
Japanese Yen Hangs Near One-month Low Against USD; BoJ Decision Awaited
Image Source: Pixabay The Japanese Yen consolidates its recent losses against the USD to a one-month trough. Traders opt to move to the sidelines and await the BoJ decision before placing fresh bets. The USD preserves the post-FOMC gains and acts as a tailwind for the USD/JPY pair. The Japanese Yen (JPY) will be in the […]
Metal Markets Report For Wednesday, Dec 18
Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:11:05More By This Author:Metal Markets Report For Tuesday, Dec 17Financial Markets Report For Tuesday, Dec 17Metal Markets Report For Monday, Dec 16
