NIFTY 50 Index – Elliott Wave technical analysis Function: Counter Trend (Minor Degree, Grey). Mode: Corrective. Structure: Zigzag. Position: Minute Wave ((c)). Invalidation point: 26,400. Details: The alternate wave count is currently…
EUR/USD falls to near 1.0460 as US President Trump reiterates threats to impose 25% tariffs on cars and other imports from the Eurozone. The US…
Created on February 27, 2025 Bullish view Buy the EUR/USD pair and set a take-profit at 1.0600. Add a stop-loss at 1.0400. Timeline: 1-2 days.…
New Zealand Dollar (NZD) could decline further vs US Dollar (USD), but it does seem to have enough momentum to break and remain below 0.5680.…
Created on February 27, 2025 President Trump makes new comments on tariffs against EU, Mexican, and Canadian imports, sending crude oil and stock markets lower,…
Created on February 27, 2025 Bearish view Sell the GBP/USD pair and set a take-profit at 1.2535. Add a stop-loss at 1.2800. Timeline: 1-2 days.…
Risk for Australian Dollar (AUD) is on the downside vs US Dollar (USD), but any decline may not break the major support at 0.6280. In…
IBEX 35 (Spain) – Elliott Wave Analysis – Trading Lounge Day Chart. IBEX 35 (Spain) Wave technical analysis Function: Bullish Trend. Mode: Impulsive. Structure: Gray Wave 3. Position: Orange Wave…
NZD/USD weakens as the US Dollar gains strength amid persistent uncertainty over US trade policies. The US Dollar strengthens due to risk-off sentiment and rising…
WTI Oil price holds ground amid supply concerns after Trump cancels Chevron’s Venezuela license. Oil prices faced headwinds amid rising concerns over global economic growth,…