Logo-color Logo-white

Hello fellow traders. In this article we’re going to take a quick look at the Elliott Wave charts of DAX published in members area of the website. As our members know DAX is showing impulsive bullish sequences and we are keep favoring the long side. Recently we got a 3 waves pull back that has […]

The post DAX Elliott Wave: Buying the Dips at the Blue Box Area appeared first on Action Forex.

previous

We Expect Fed Chair to Hold a Mildly Dovish Tone

next

Pound Preparing for Bullish Breakout

Read More

25/07/2024

U.S. Economic Resilience on Display in the Second Quarter

The U.S. economy surprised to the upside in the second quarter of 2024, expanding by 2.8% quarter-on-quarter (q/q, annualized) against expectations for around 2%. Looking under the hood, consumer spending was slightly stronger than we had forecast, advancing by 2.3% q/q. That was driven by a rebound in durable goods spending (+4.7%), while spending on […]
30/11/2023

ETHUSD set for a breakout move

Ethereum pulls back from recent multi-month high Generates a structure of lower highs and higher lows Momentum indicators suggest that buying interest is fading ETHUSD (Ethereum) experienced a strong rally since late October, which propelled the price to 2,136, its highest level since April. However, in the past few weeks, the leading altcoin has been trading […]
19/12/2023

New Threat to Inflation

The week started with mixed feelings. Investors broadly ignored the Federal Reserve (Fed) members’ latest warnings that the interest rate cuts won’t come as soon and as fast as priced in by the financial markets. Equity bulls look determined to keep the Xmas magic alive. Big banks like Goldman Sachs also add fuel on fire, […]