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The US S&P500 and Dow Jones indices closed lower on Monday and Tuesday. The Nasdaq100 followed suit yesterday. The Russell 2000 index of small public companies lost for four consecutive sessions. There are signs that we are now seeing the beginning of a correction like the one we saw in August, and there is also […]

The post S&P500 Risks Correction Ahead of Elections appeared first on Action Forex.

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28/10/2024

US Jobs Report and Inflation in Focus This Week

In focus this week Today will be quiet on the data front, with no major releases scheduled This week is expected to be calm before the storm of the US election. On Tuesday we will have the JOLTs report and the consumer confidence from the US Conference Board. On Wednesday, we receive preliminary estimate of […]
28/08/2024

Markets Poised for Nvidia Earnings

In focus today In Sweden, today’s foreign trade data for July will give some preliminary insight into Q3 activity. Riksbank vice governor Anna Breman gives a speech on climate and monetary policy at 13:00 CET. NVIDIA quarterly earnings are due tonight. The company, which moves up and down in the top 3 most valuable listed […]
07/06/2024

SILVER (XAGUSD) Buying the Dips at the Blue Box Area

Hello fellow traders. In this technical article, we’re going to take a look into the Elliott Wave charts of SILVER (XAGUSD), exclusively presented in the members’ area of our website. As our members know SILVER has recently made pull back that made clear 3 waves down from the May 20th peak . The commodity completed […]