Pound Sterling (GBP) is moderately firmer but, in the absence of any major news at home, the pound’s performance reflects broader USD weakness more than…
In today’s article, we’ll examine the recent performance of Consumer Discretionary ETF ($XLY) through the lens of Elliott Wave Theory. We’ll review how the rally from the August…
Created on March 04, 2025 If you wanted to be put to sleep, this pair is your answer. We are simply walking back and forth…
The cocoa market continues to sell off, with London cocoa pulling back aggressively. The nearly 11% drop yesterday has cocoa trading at its lowest level…
Created on March 04, 2025 The US dollar has fallen a bit against the Canadian dollar during the trading session on Monday. So, at this…
Outlook is unclear; US Dollar (USD) could trade in a range between 148.50 and 150.50 vs Japanese Yen (JPY). In the longer run, bias for…
Created on March 04, 2025 During the trading session on Monday, we’ve seen the euro gap higher to kick off the trading session, pull back…
Official manufacturing PMI rebounded in February; 2-month average suggests steady production activity. Trade performance likely weakened last month due to both the holiday and tariff…
Created on March 04, 2025 The euro has rallied quite nicely against the Swiss franc during the early hours on Monday as we gapped higher,…
![Hang Seng index Elliott Wave technical analysis [Video]](https://editorial.fxsstatic.com/images/i/Economic-Indicator_Recession-5_Large.png "Hang Seng index Elliott Wave technical analysis [Video]")
Hang Seng Index Elliott Wave Analysis – Trading Lounge Day Chart. Hang Seng Index Elliott Wave technical analysis Function: Counter Trend. Mode: Corrective. Structure: Orange Wave 2. Position: Navy…