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Elliott Wave Technical Analysis: NEO/U.S. Dollar - Friday, May 12
Article By:
Peter Mathers
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Friday, May 12, 2023 4:55 AM EDT
The price is below the MA200 indicating a downtrend. MACD and RSI are bearish momentum.
In this article: NEO-X
Elliott Wave Technical Analysis: Cintas Corp. - Thursday, May 11
Article By:
Peter Mathers
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Thursday, May 11, 2023 8:02 AM EDT
Looking for longs into wave {iii} with a stop below wave {ii}.
In this article: CTAS
Offshore Yuan Weakens As China’s Producer Prices Declined Sharply
Article By:
The Private Banker
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Thursday, May 11, 2023 5:45 AM EDT
The Chinese Yuan fell by about 0.15% against the US dollar due to potential economic stimulus from China as inflation declined sharper to deflation which pressures the currencies’ value.
In this article: UUP
Elliott Wave Technical Analysis: Ethereum, May 11
Article By:
Peter Mathers
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Thursday, May 11, 2023 4:13 AM EDT
In Ethereum there is still a risk of correction of the wave (2), which has the opportunity to test the MA200 line, which is an important support. Wait for the correction to complete to join the trend again.
Elliott Wave Technical Analysis: Twist Bioscience Corp. - Wednesday, May 10
Article By:
Peter Mathers
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Wednesday, May 10, 2023 10:21 AM EDT
Looking for shorts once we have signs wave (iv) is complete.
In this article: TWST
Silver Drifts A Bit Lower To Look For Buyers
Article By:
Christopher Lewis
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Wednesday, May 10, 2023 9:27 AM EDT
Silver has long been considered a safe-haven asset, and its value has only increased as investors have become increasingly concerned about inflation and economic volatility.
When Fed Is Done, Bulls On Gold Will Accelerate
Article By:
Gregor Horvat
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Wednesday, May 10, 2023 7:18 AM EDT
When the Fed is done with rates then Gold can easily break higher if we consider that despite higher US yields since the end of 2021, Gold is trading close to its ATH.
In this article: GLD
Two Trades To Watch: USD, DAX
Article By:
Fiona Cincotta
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Wednesday, May 10, 2023 6:15 AM EDT
USD outlook: All eyes on US CPI. DAX struggles below 16000 after German inflation data.