Key economic events in the upcoming week
Monday, May 28, 2018 – United States – Memorial Day(USD). Tuesday, May 29, 2018 – CB Consumer Confidence (May)(USD). Wednesday, May 30, 2018 – German Unemployment Change (May)(EUR), ADP...
China and Pakistan’s Currency Swap Deal Extended
China has decided to extend its currency swap agreement with Pakistan for an additional three years. The agreement was first signed in 2011 and this extension of the currency...
🎯 GBP/USD Ending Diagonal Patterns Approaches 1.3250 Target 🎯
Hi traders, The GBP/USD rebroke below the support trend line (dotted green and blue) and price is continuing lower towards the Fibonacci targets of wave 5 (blue). GBP/USD 4...
🌊 USD/JPY Bullish ABC Zigzag after 5 Bearish Waves 🌊
Hi traders, the USD/JPY seems to have completed a bearish wave A (blue) and price could be ready for bullish ABC correction within wave B (blue). USD/JPY 4 hour...
EUR/USD Possible Continuation Below W L4
The EUR/USD followed the trend and at this point it is very close to W L4 Pivot Point. The first target is but we might also see a...
GOLD – The Fight is Still On
Dear Traders, GOLD is keeping traders at the edge of their seat. Today’s analysis will provide a brief technical and wave update on GOLD. Still a Tug of War...
☝️ EUR/USD, GBP/USD Analysis & Setups 24-26 May ’18 ☝️
Dear traders, the EUR/USD, GBP/USD are testing Fibonacci resistance levels of the wave 4 which could be a turning spot for a downtrend continuation for at least one more...
Facebook launches searchable archive of U.S. political ads
Facebook Inc () on Thursday launched an archive of political ads that appear on the world’s largest social network, showing who paid for them and other details, after...
Global Markets: Shares recover as North Korea’s conciliatory stance calms nerves
Global shares were on the mend on Friday as Pyongyang’s measured response to President Donald Trump’s announcement to call off a key summit with North Korea healed market...
British households reduced consumer spending amidst reduced capital investment from firms
British households reduced consumer spending while firms appear to have reduced capital investment, showed data for the first quarter confirming that the harsh end of winter was an obstacle...