THE MONEY MARKET STOCK EXCHANGE The money market and stock exchange are two vital components of the financial system, often confused with each other. Here are the differences: Money Market: - Short-term focus: Instruments have short maturities,...
EUR/USD Falls to Multi-Week Low: Multiple Factors Involved: The EUR/USD currency pair has recently fallen to a multi-week low due to a mix of economic and political influences. These have strengthened the US dollar while weakening the Euro. A key...
Retrace waves in Elliott wave theory Furthermore, wave probes show perpendicular waves as opposed to those occurring in perceptual and perpendicular wave systems. These are the main ones: There are 2 waves and 4 waves in the impulse wave. Wave B is...
GBPUSD If the market closes above the 1.7400 level, it would be a significant indicator that prices are likely to continue their upward trajectory, moving towards the 1.2800 mark. The 1.2800 level is identified as the third level of resistance, and...
USD/JPY Forecast Good Morning Guys! Last week was not too good for the sellers of USD/JPY. They lost up to 50 pips and raced at 156.78 zone. However, this week have some news events related to JPY MOntary Policy and BOJ's Rate Statement. So, the...