USD/ZAR: South African rand poised for strength as BofA sees parallels to 2003 rally

Hello fellow traders, In this technical article, we are going to present Elliott Wave charts of AUDJPY Forex pair .  As our members know, the pair is showing a 3-wave pullback against the 96.23 low, taking the form of an Elliott Wave Zigzag structure.In the following sections, we will explain the Elliott Wave pattern and…

EUR/USD drops for the second straight day down 0.49%, following last Friday’s metals rout which underpinned the Greenback to the detriment of the shared currency. Also the nomination of Kevin Warsh to lead the Federal Reserve and upbeat US economic data drove the pair lower. At the time of writing, the pair trades below the…

Best NQ Trading Strategy: Proven Techniques for Day Trading Nasdaq Futures The Nasdaq futures market (NQ) is one of the most actively traded instruments in the world. Its volatility and liquidity attract professional traders and scalpers alike — but to succeed, you need a solid, repeatable strategy. Whether you’re a beginner or a seasoned trader,…

The Fed cut interest rates by 25bp as expected from 4.00% to 3.75% in their December decision, with policymakers signaling a higher bar for further easing. This decision was reached through a 9-3 vote, with two hawkish members calling for no change in policy while dovish policymaker Miran favored a larger 50bp interest rate cut,…