In Forex trading, a flat wave refers to a corrective wave pattern found in Elliott wave theory. It usually occurs during a sideways market movement and is classified as a corrective wave rather than a trend wave. A flat wave consists of three...
Solar vs. Media Storm: Solar Gains, Trump Media Falls! US Stocks Gain Thanks to Tech Sector All three major US stock indexes ended higher on Wednesday. A solid rally in tech stocks offset a morning of disappointment caused by inflation data that...
Today the EUR/GBP pair is experiencing some volatility following the result of UK GDP data , which came in 0.2% growth. This has put pressure on the British Pound, allowing the Euro to rally slightly. However, the overall outlook for the pair is...
The DeMarker (DeM) Trading Oscillator Overview Strategy The DeMarker (DeM) trading oscillator is a technical indicator developed by Thomas DeMark to measure the market's emotional state. It's calculated by comparing the highest high and lowest low...
The currency pair has hit a pause in its recent rally, trading at approximately 1.3090 during Thursday’s Asian session. After a two-day winning streak, the pair now hovers around 1.3087. The daily chart reveals that GBP/USD is trending upwards...