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Eurozone industrial production rises 0.8% mom in October, beats expectations on broad-based gains – ActionForex
Eurozone industrial production delivered a modest upside surprise in October, rising 0.8% mom and beating expectations for a 0.7% increase. The gains in the Eurozone were broad-based across sectors. Output of energy rose 1.1% mom, capital goods increased 0.5%, and intermediate goods edged up 0.3%. Consumer-related categories were firmer, with durable consumer goods jumping 2.0%…
Gold Price Falls from Above $4,200
The XAU/USD chart shows that gold recently climbed above the $4,200 mark for the first time. The upward momentum has been supported by the ongoing US government shutdown, central bank demand (with reports highlighting a sharp rise in reserves at the Reserve Bank of India), and market focus on US–China trade developments. According to Trading…
GBP/USD Forecast. Growth is expected in the third wave of the upward impulse – ForexNews.PRO
It was previously assumed that the correction development would continue and take up time until the end of the current trading week. However, buyers disagreed with this. During the past trading day, they became active and managed to raise the value of the British pound above the previously established local high. It is possible that…
META hits new high from blue box – Forex Market Analysis – ForexCycle.com
Hello traders, welcome to another ‘Blue Box’ blog post, where we review past trades taken by Elliottwave-Forecast members for educational purposes. In this post, we’ll discuss a recent trade setup on META. Meta Platforms, formerly Facebook, is a tech company focused on building the “metaverse.” It owns Facebook, Instagram, and WhatsApp, and develops virtual reality…
What Is the Taylor Rule and Why It Matters for Traders? – Edge-Forex
The Taylor Rule is one of the most important tools used to understand interest rate decisions made by central banks. For traders, especially those active in forex and bond markets, the Taylor Rule offers a practical way to anticipate policy moves. It simplifies complex economic signals into a formula, helping investors forecast where rates may…
