EURJPY has adopted a sideways market after the ascent which commenced on October 3, with weakened directional momentum undecided. Nevertheless, buyers are attempting to revisit the fresh high of 121.46 after moving back above the 40-period simple moving average (SMA) within the sideways market. The short-term oscillators reflect indistinct signals – trading around their neutral […]

Fed to slash rates today but may signal a pause after this cut, lifting the dollar BoC set to stand pat, unlikely to alter its neutral stance BoJ decides early on Thursday – close call whether it will cut UK General Election officially called for December 12 Fed virtually certain to cut rates, but will […]

GBPUSD erased a small part of its gains that drove the price near the 1.3000 key resistance area but the 1.2800 mark, which is currently viewed as a nearby support, curbed the downside correction. The short-term bias is currently looking positive-to-neutral as the RSI is reversing back towards its 70 overbought mark and the MACD […]

The two most recent forex seminar locations where XM had the pleasure of welcoming Latin American clients were Panama City on 12th and Lima on 19th October. How to find the strongest-trending instruments to invest in? How to spot support and resistance levels with ease? How to identify market key turning points before making investment […]

GOLD has stalled around 1488, which is the 23.6% Fibonacci retracement of the up leg from 1266.20 to 1556.92. The precious metal seems to be skewed towards a short-term negative outlook after the price reversed back down from 1517 levels and below the simple moving averages (SMAs) but is expected to remain within its trading […]

Good afternoon, Elliott Wave fans. I’m Dana Weeks with Market Minute for Tuesday, October 29th, 2019. Learn How the Wave Principle Can Improve Your Trading

Good afternoon, Elliott Wave fans. I’m Dana Weeks with Market Minute for Tuesday, October 29th, 2019. Learn How the Wave Principle Can Improve Your Trading

EWI’s analysts use an array of technical indicators to make stock market assessments. The question always is: What do these indicators suggest for the future price path of the main indexes? Here’s what our U.S. Short Term Update said about one indicator, which involves “diverging” price behavior between two stock indexes … Subscribe to Elliott […]

EWI’s analysts use an array of technical indicators to make stock market assessments. The question always is: What do these indicators suggest for the future price path of the main indexes? Here’s what our U.S. Short Term Update said about one indicator, which involves “diverging” price behavior between two stock indexes … Subscribe to Elliott […]

The Bank of Canada (BoC) will announce its latest decision at 14:00 GMT on Wednesday. No action is expected as the domestic economy remains solid, taking very little damage from the US-China trade war. Policymakers are likely to stick to their neutral message, downplaying the chances of any rate move in the coming months, which […]

WTI oil futures are leaning towards a positive short-term picture despite penetrating back below the 200-period simple moving average (SMA). The short-term oscillators are confirming a neutral-to-positive outlook unfolding, with the price now breaking back above the 200-period SMA. The RSI’s negative momentum is easing, heading higher in the bearish territory to the neutral mark. […]

The US Federal Reserve is set to announce its third straight rate cut on Wednesday (1800 GMT) but Fed chief Jerome Powell could signal in his press conference (1830 GMT) this may be the last one for now. Third quarter GDP growth figures may provide some clues as to whether a pause is on the […]

The US Federal Reserve is set to announce its third straight rate cut on Wednesday (1800 GMT) but Fed chief Jerome Powell could signal in his press conference (1830 GMT) this may be the last one for now. Third quarter GDP growth figures may provide some clues as to whether a pause is on the […]

Risk Warning: 69.10% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for […]

Risk Warning: 69.10% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for […]

Creating opportunities to meet with our clients in person, no matter in which part of the globe, and taking an active part in events where we can network with individuals who have a passion for online investing, is at the heart of how we think at XM. It is with great pleasure to announce that […]

Inflation data for the third quarter is due out of Australia on Wednesday (0030 GMT) and will be watched closely as it could determine whether the Reserve Bank of Australia will decide to cut interest rates again next month. The RBA cut interest rates for the third time in October and so tepid inflation numbers […]

Trade progress drives S&P 500 to record high but global rally loses steam Pound choppy after EU extension as Johnson struggles to trigger a general election Dollar steady ahead of expected Fed rate cut Trump says Phase One deal is “ahead of schedule” Market sentiment was boosted on Monday after US President Donald Trump signalled […]

Trade progress drives S&P 500 to record high but global rally loses steam Pound choppy after EU extension as Johnson struggles to trigger a general election Dollar steady ahead of expected Fed rate cut Trump says Phase One deal is “ahead of schedule” Market sentiment was boosted on Monday after US President Donald Trump signalled […]

Since January, XM has hosted an abundance of forex trading seminars throughout Thailand, offering online investors the opportunity to enroll for high-level education with free attendance. The three most recent Thai seminar locations were Phuket, Chonburi and Udon Thani between 7 September – 19 October, where we welcomed our event guests eager to gain new […]

EURUSD has turned neutral in the short term after falling into to the Ichimoku cloud. But despite being restricted by the cloud top, the risks for the pair are to the upside as the RSI is still in positive territory, though it has flatlined, while the MACD remains some distance above zero, having just slipped […]

All major U.S. stock indexes closed higher and a non-confirmation in the blue-chip indexes is growing stronger. See what that means in tonight’s Short Term Update. https://bit.ly/31Nha9f Learn How the Wave Principle Can Improve Your Trading

All major U.S. stock indexes closed higher and a non-confirmation in the blue-chip indexes is growing stronger. See what that means in tonight’s Short Term Update. https://bit.ly/31Nha9f Learn How the Wave Principle Can Improve Your Trading

You can shrink all Elliott wave patterns down to just five “core” price patterns. One of them is the ending diagonal. Watch as our Commodity Junctures editor shows you how to spot it on a chart — and more importantly, prepare for the “spectacular price move” that comes next. Learn How the Wave Principle Can […]

The Elliot Wave Theorist just posted a new Interim Bulletin yesterday alerting subscribers to a potential move in the U.S. stock indexes. Read it and our just-published Short Term Update inside the Financial Forecast Service.
https://bit.ly/31Nha9f

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