The price of gold surged to $2,378 on Thursday, but then retreated slightly after the US Bureau of Labor Statistics (BLS) released positive employment data. This data is typically seen as negative for gold prices, as it suggests a strengthening...
NZD/USD H1 ANALYSIS. The NZD-USD market all through May showed no significant developments. After successfully passing the 200 daily EMA line at the beginning of May, prices were observed consolidating for quite some time around the 0.6062–0.6147...
GBP/USD ANALYSIS. We should dive into the ongoing value conduct of the GBP/USD money pair. The pair crossed the bullish buy level at 1.2778 earlier this week, indicating a possible upward trend. Answering this sign, I bought GBPUSD, determining an...
NZD/USD Analysis Greetings and Good Morning to all Visitors! As we know the market of NZD/USD reached around the 0.6104 zone on Friday. It is not a better scenario for the buyers. So, they should hold the 0.6132 zone to come back into the market. By...
Retrace waves in Elliott wave theory Furthermore, wave probes show perpendicular waves as opposed to those occurring in perceptual and perpendicular wave systems. These are the main ones: There are 2 waves and 4 waves in the impulse wave. Wave B is...