Murad

#OPINIONLEADER# ECB Vice President Luis de Guindos said, “inflation is not going to be as transitory as forecast only some months ago. The assessment of risk for inflation is moderately tilted to the upside over the next 12 months.” “And the reasons are quite simple. First, supply sid

#OPINIONLEADER# It’s been a rollercoaster start to the year and as we head into earnings season, it’s hard to say exactly where investors stand. Blocking out the January noise is one thing but it’s made far more complicated by omicron, inflation, and the rapid evolution of monetary po

#OPINIONLEADER# Dollar index tumbled sharply overnight and dived through 55 day EMA to close at 94.91. At this point, price actions from 96.93 are seen as a correction only. Hence, we’d look for strong support at 38.2% retracement of 89.20 to 96.93 at 93.97 to contain downside. The le

#OPINIONLEADER# US PPI for final demand rose 0.2% mom in December, below expectation of 0.4% mom. Over the year, PPI accelerated to 9.7% yoy, up from 9.6% yoy, below expectation of 9.8% yoy. PPI core rose 0.5% mom versus expectation of 0.4% mom. Over the year, PPI core accelerated to

#OPINIONLEADER# US initial jobless claims rose 23k to 230k in the week ending January 8, above expectation of 213k. Four-week moving average rose 6k to 211k. Continuing claims dropped -194k to 1559k in the week ending January 1, lowest since June 2 1973. Four-week moving averages of c

#OPINIONLEADER# EURUSD is trading higher, now breaking out of a triangle pattern after US CPI figures. We know that triangle can occur in wave B and not in wave two, therefore we think that upside can be limited, possibly at around 1.145. However, important will be to wait on intraday

#OPINIONLEADER# Ralph Nelson Elliott developed the Elliott Wave Theory in the 1930s. Elliott believed that stock markets, generally thought to behave in a somewhat random and chaotic manner, in fact, traded in repetitive patterns. In this article, we'll take

#OPINIONLEADER# #ElliottWaves# #USD/JPY# #forexmarket# #forextrading# #ForexForecast# #PriceAction# #howtomasterforextrading# #howtotrade# Market Commentary: 1. Same

#GBP/USD# GBP/USD Possible Retracement .Short oppurtunity !!! TOP DOWN ANALYSIS WEEKLY TIMEFRAME 1. EMA pointing upward and below price action indicating uptrend 2. Break of previous high and we could see price retrace to test the broken resistance as support around 1.25000 pyschol