Silver price gains sharply to near $32.50 amid weakness in the US Dollar. Escalating US economic concerns have kept the US Dollar on the backfoot.…
USD meets with a fresh supply amid worries about a tariff-driven slowdown in US growth. Bets that the Fed will resume its rate-cutting cycle sooner…
The Federal Reserve (Fed) will conduct its two-day monetary policy meeting next week and announce its decisions on March 19. Until then, the Fed will…
Eurozone investors’ morale improved remarkedly in March. EUR/USD jumps toward 1.0850 after the Eurozone data. The Eurozone Sentix Investor Confidence Index leaped to -2.9 in March following February’s…
China’s Consumer Price Index (CPI) fell at an annual pace of 0.7% in February after reporting 0.5% growth in January. The market consensus was for a 0.5%…
The US Dollar Index depreciates as market expectations grow for more aggressive Fed rate cuts amid US growth concerns. President Trump exempted Mexican and Canadian…
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NIFTY Elliott Wave technical analysis Technical analysis overview Function: Counter Trend (Minor Degree, Grey). Mode: Corrective. Structure: Zigzag. Position: Minute Wave ((c)). Details: The alternate count is now preferred, with a potential ((a)) –…
The US Dollar Index keeps slipping as risk sentiment improves, thanks to President Trump’s latest tariff move. The White House just gave automakers in Mexico…
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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…
NASDAQ Elliott Wave analysis – Day chart. NASDAQ Elliott Wave technical analysis Function: Bullish Trend. Mode: Impulsive. Structure: Orange Wave 5. Position: Navy Blue Wave 1. Direction Next Higher…