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In this technical blog, we will look at the past performance of the Elliott Wave Charts of the Eurostoxx (SX5E) index. We presented to members at the elliottwave-forecast. In which, the rally from the 19 November 2024 low is unfolding as an impulse structure. And showed a higher high

Hello everyone! In today’s article, we’ll examine the recent performance of Consumer Discretionary ETF ($XLY) through the lens of Elliott Wave Theory. We’ll review how the rally from the August 065 2024, low unfolded as a 5-wave impulse and discuss our forecast for the next

Key highlights EUR/USD started a fresh decline from the 1.0530 resistance. It traded below a major bullish trend line with support at 1.0470 on the 4-hour chart. EUR/USD technical analysis Looking at the 4-hour chart, the pair formed a top near 1.0530 and started a fresh decline. There was a move be

EUR/JPY surges to near 157.00 as soft Tokyo CPI data sends the Yen on the backfoot. Moderate Tokyo CPI growth is expected to weigh on BoJ hawkish bets. Steady German HICP growth is unlikely to restrict the ECB from easing monetary policy further. The EUR/JPY pair rallies to near 157.00 in the North

EUR/USD fell 0.85% on Thursday after Trump reiterated tariff threats. Risk sentiment got knocked lower after Trump pivoted on his own tariff timeline. US data also soured, pointing toward a general slowdown and rising inflation pressures. EUR/USD took a leg lower on Thursday, falling nearly nine-ten

GBP/USD touched 1.2690 as UK inflation data boosted rate-cut uncertainty. Market wary of potential spending cuts from UK Chancellor Rachel Reeves. US data weakens as Dallas Fed Manufacturing Index plunges into contraction. The Pound Sterling remains firm against the Greenback during the North Americ