RBA Expected to Hold, But Could Cut – Orbex Forex Trading Blog

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In yesterday morning’s analysis of Tesla (TSLA) shares, we mentioned the emerging conflict between Donald Trump and Elon Musk, highlighted by Musk’s:→ criticism of a government spending bill;→ dissatisfaction with staffing decisions at NASA;→ resignation from his position as head of the DOGE department. Over the course of the day, the rift deepened, impacting not…

March proved to be one of the weakest months for the German index in recent years, though conditions stabilised by mid-April. At present, the DAX (Germany 40 mini on FXOpen) is showing a solid recovery, trading around 24,650. The rebound has been largely driven by gains in Rheinmetall and Infineon, highlighting investor preference for defence…

As evidenced by the USD/CHF chart, yesterday one US dollar was worth 0.913 Swiss francs, but today it is already 0.903, indicating a rate drop of approximately 1%. According to MT Newswires, the franc’s strengthening is attributed to statements by Swiss National Bank (SNB) President Thomas Jordan. In his view, an overly weak franc is…

Hello fellow traders, In this technical article, we are going to present Elliott Wave charts of QQQ ETF .  As our members know QQQ has recently bounce from the Equal Legs area.  The EWF has reached the extreme zone from the 540.6 peak and found buyers as expected.   In the following sections, we will explain…