XAGUSD Intervening Wave Ⓧ Pushes Prices Higher!
As a few weeks ago, XAGUSD suggests the construction of a global triple zigzag consisting of cycle waves w-x-y-x-z. The 1H timeframe shows the marking of the second intervening wave x, which may soon be completed, taking the form of a triple zigzag of the primary degree Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. The bullish wave Ⓨ consists of intermediate […]
TradeStation and Crypto Loss Pushes Monex Revenue Lower
Monex Group, a Japan-based financial services company, released its financial results for the third quarter of the fiscal year 2023 on Monday. In the nine-month period between April and December 2022, the company’s operating revenue and profit recorded a visible slump with the contribution of the crypto and TradeStation business. According to the recent press […]
British Pound Latest – GBP/USD Pushes Higher on UK Jobs Data
GBP/USD – Prices, Charts, and Analysis UK wages are robust but inflation means consumers are worse off. Sterling picks up a bid post-release. Recommended by Nick Cawley Download our new Q1 British Pound forecast The latest UK Labour Market Report will give the Bank of England (BoE) something to ponder ahead of its February 2 […]
Spring below 0.9200 pushes back inside the woods
The formation of a Spring has pushed the asset inside the woods. A stretched consolidation after a bearish bias indicates inventory accumulation for a bullish reversal. Overlapping 20-EMA with the asset price is indicating a consolidation ahead. The USD/CHF pair is displaying topsy-turvy moves in the early Tokyo session as the upside in the asset […]