In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of (GBPAUD) . In which, the rally from the 09 May 2024 low unfolded in a corrective sequence but provided...
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Short Term Elliott Wave in Dollar Index (DXY) shows incomplete bearish sequence from 4.17.2024 high. Down from there, wave 1 ended at 104.08 like the 1 hour chart below shows. Rally in wave 2 unfolded...
The dollar index (DXY00 ) Tuesday fell by -0.02%. The dollar Tuesday gave up an early advance and dropped to an 8-week low on US economic concerns. The dollar retreated Tuesday as US bond yields tumbled...
AUDNZD Is Showing Weakness That Can Resume, as we see an impulsive five-wave decline by Elliott wave theory.
The S&P 500 Index ($SPX ) (SPY ) today is down -0.31%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.25%. Stocks today are moderately...
The dollar index (DXY00 ) today is up by +0.09%. The dollar today recovered from an 8-week low and is moderately higher as a slump in stocks has boosted liquidity demand for the dollar. Gains in the...
The S&P 500 Index ($SPX ) (SPY ) today is down -0.24%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.27%. Stocks today are mostly lower,...
The dollar index (DXY00 ) Monday fell by -0.52% and posted a 2-week low. Lower T-note yields on Monday undercut the dollar. Losses in the dollar accelerated after Monday’s news that the US ISM manufacturing...
The Chicago Board of Trade Corn futures contract is the global benchmark for the market, and it is an important tool to hedge US-Mexico corn trade flows.
The dollar index (DXY00 ) today is down by -0.41% at a 2-week low on pressure from lower T-note yields. Also, the strength in stocks today has reduced liquidity demand for the dollar. Losses in the dollar...