Today's ECB meeting is expected to be one of the most important in recent years: Mario Draghi has signaled, and is widely expected to announce a blueprint of what the central bank's QE tapering will look like beyond 2017, and while no actual tightening will be implemented - either via rates of asset purchases - the ECB is expected to announce it will cut its...
sell opportunity entry: 1.1830 or 1.1857 SL : entry + 35 pips
here's wave correction are forming . For now I suggest you continue watching what the market does over the next few days
wave (5) can be formed in this ways. For now I suggest you continue watching what the market does over the next few days
Gold Jumps As Trump Says "Very, Very Close" To Fed Chair Decision The Dollar index dropped and gold jumped as President Trump told reporters during a meeting with the prime minister of Singapore that he was "very very close" to a decision on who would be the next chair(person) of The Fed...It's temporary Jerome Powell continues to be the front-runner... keep...
As widely expected, Japan Prime Minister Abe's ruling coalition is set for a sweeping victory in Sunday's general election, and may retain the two-thirds parliamentary majority needed to revise Japan's constitution, according to an NHK exit poll. www.theguardian.com Abe win <=> bearish for JPY Elsewhere, Japanese inflation data will be in focus as investors...
elliott waves analysis for bitcoin. Here wave (4) correction is forming
Rising commodity prices-CRB index (high inflation) are generally indicative of economic growth, which results in higher interest rates and lower bond price ( higher bond yield)
A busy session for the pound with testimonies to lawmakers failing to impress the GBP bulls. The grilling of the two newbies Ramsden and Tenreyro brought cautious responses understandably and with Carney giving no further nod to a November rate hike we've seen GBPUSD fall to 1.3180 from 1.3285 When the trend be broke the market might make a run lower into the...
The 40th Prime Minister of New Zealand will be Jacinda Ardern The 40th Prime Minister of New Zealand will be Jacinda Ardern. She will be Prime Minister for the 52nd New Zealand Parliament. Winston Peters has announced NZ First is going with Labour making Jacinda Ardern Prime Minister-elect. He said the Greens had a confidence and supply agreement with Labour...
risk/reward ratio: 20/60 pips = 1:3 entry: 1.2450-1.2460 TP1: 1.2490 TP2: 1.2510 SL: 1.2430
The price action zone which caused a large move down to begin on 10th October , caused another move down . I didn’t think this zone would cause a down move as big as this to take place, but it has, and as a result it now seems like we’re going to see the market move all the way down to the lows of swing which caused the move into the zone to occur. From the way...
About the company Equinix, Inc. (Equinix) operates as a real estate investment trust. The Company connects various companies directly to their customers and partners inside interconnected data centers. It operates through three segments: Americas, EMEA and Asia-Pacific. Its platform Equinix, combines a global footprint of International Business Exchange (IBX) data...
I’m not yet sure if we’re going to see the market continue moving higher through the daily supply zone or if we’re going to see it reverse and fall lower again. If it reverses and drops down to the demand zone, I think it would be worth looking for a long trade, but only if the drop down is slow and not sharp in any way. If the drop is sharp, I think it would be a...
Forex technical analysis: Here's forming wave i of (c), so we could have the price higher soon.
Sterling jumps on report UK might be offered two-year Brexit transition Sterling jumped by more than a cent to reach an eight-day high against the dollar on Thursday, with analysts citing a report in Germany’s Handelsblatt newspaper that the European Union could offer Britain a two-year transitional Brexit deal. The pound had earlier tumbled after the EU’s...
Dollar firms despite Fed minutes sounding a dovish tone on rate rise outlook While many Federal Reserve officials expected another rate hike would be appropriate later this year, many also expressed concern that inflation might be more than transitorily low For the dollar and near-term price action, given the market has largely priced in a December hike, the...
Barnier says Brexit talks have reached deadlock . well "deadlock" >> GBP down Barnier says decisive progress is possible in next 2 months EU's Barnier says week's Brexit talks were constructive, no big steps forward twitter.com