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S&P 500 index broke resistance level 5785.00 Likely to rise to resistance level 5985.00 S&P 500 index under the bullish pressure after the price broke resistance zone located between the pivotal resistance level 5785.00 (which stopped wave 1 last month) and the resistance trendline of the daily up channel from last year. The breakout of […]

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08/01/2024

Monday’s Focus Will Be on Inflation Data

In focus today Today we get a string of tier-2 data from the euro area. The most important ones are the euro area retail sales and German factory orders. The euro area November retail sales will provide important information about how consumption fared in Q4. German factory orders will shed light on the German industry […]
19/04/2024

EURUSD Wave Analysis

EURUSD reversed from resistance level 1.0685 Likely to fall to support level 1.0600 EURUSD currency pair recently reversed down from the resistance level 1.0685, former multi-month support from February, acting as the support after it was broken. The downward reversal from this resistance level 1.0685 continues the active minor impulse wave 3 of the higher […]
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Brent Crude Oil Wave Analysis

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