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 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...
On Friday, Crude Oil saw a notable increase of over one percent, trading at $77.77 per barrel. This recent price action highlights the ongoing volatility and dynamic nature of the oil market. Currently, Crude Oil is experiencing a short-term...
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...
The British pound has been on a roll against the US dollar for the past three days. This upward trend is likely to continue in the near future, influenced by expectations of a weaker US dollar and a dovish Federal Reserve. The key factor driving the...