Asia FX rises as dollar eyes weekly loss; yen gains on strong Japan CPI

In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of XLF a Financial ETF, which we presented to members at elliottwave-forecast.com. In which, the rally from 05 August 2024 lows, showed the higher high sequence in higher time frame charts favored more strength. Also, the right side tag…

On Thursday, US stock indices closed at new all‑time highs. By the end of the day, the Dow Jones (US30) rose by 0.05%. The S&P 500 (US500) gained 0.58%. The Tech‑heavy NASDAQ (US100) closed higher by 0.91%. The main drivers of the rally were the breakthrough developments in the Middle East: negotiators from the US…

Features: This is a slope indicator for TMA Bands indicator. It calculates slope of the center line. It supports 3 types of TMA Bands: TMA True (Non-repaint) Fast Line TMA (Repaints) TMA+CG (Repaints) It will help you determine whether price is Trending or Ranging based on the Threshold you set. TMA Indicators attached with this…

The trading week for this pair began with confirmation of the previously considered scenario. The price started moving down, likely beginning the formation of wave 3 of the downward impulse. If this is indeed the case, we can expect further price declines. Since the price has not moved significantly down yet, merely updating the local…

AUD/CAD is chillin’ like a villain at the very top of its long-term range, still deciding whether to make a break for it or head back to nearby support zones. Take a look at these potential upside and downside targets on the 4-hour chart. AUD/CAD 4-hour Forex Chart by TradingView This forex pair has been…