Author: Silas W

By JustMarkets At the end of yesterday, the Dow Jones (US30) Index was up 0.77%, while the S&P 500 (US500) Index decreased by 0.25%. The NASDAQ Technology Index (US100) closed negative 0.79%. Stocks initially went up on Thursday, with the S&P 500 and Nasdaq 100 setting new record highs amid gains in chipmaker stocks. Chipmakers initially rose Thursday after Dell Technologies (DELL) CEO tweeted that…

2024.06.21 2024.06.21 XAUUSD: Elliott wave analysis and forecast for 21.06.24 – 28.06.24 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: after correction, consider short positions below the level of 2449.48 with a target of 2218.46 – 2161.56. Alternative scenario: breakout and consolidation above the level of 2449.48 will allow the pair to continue rising to the levels of 2500.00…

Russian hackers have stolen records covering 300m patient interactions with the NHS, including the results of blood tests for HIV and cancer, the Guardian can reveal. The amount and sensitive nature of the data obtained by the Qilin hacking gang has caused alarm among NHS bosses, who are scrambling to set up a helpline to…

By RoboForex Analytical Department The Japanese yen is weakening against the US dollar again. The USD/JPY pair is rising to 158.97. The currency pair is now again close to the levels when the Bank of Japan and the country’s authorities conducted currency interventions. Japan’s top currency diplomat, Masato Kanda, stated that the government is prepared to…

By ForexTime JPY is worst-performing G10 currency vs. USD in 1H24 USDJPY’s 160 price area triggered largest-ever JPY intervention in late-April Besides intervention risk, traders watching Friday’s US/Japan inflation data Bloomberg model: 77% chance of 156.69-160.58 trading range next week   The Yen is returning closer towards its 34-year low against the US dollar. This…

CADCanadian retail sales data should be in focus for loonie traders today. Markets are expecting a solid expansion in consumer activity, with headline sales likely to rise by 0.7% MoM in April. While this would more than offset a first set of print seen for March, we would still caution that this is hardly a…

One of the more useful skills in forex trading is knowing when to press your advantage. This may be in the form of increasing reward-to-risk ratios by adding to winning positions or even just logging in more trades. Pressing your advantage is a good skill to have, but sometimes this strategy can get you into trouble….

2024.06.21 2024.06.21 WTI Crude Oil: Elliott wave analysis and forecast for 21.06.24 – 28.06.24 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider short positions from corrections below the level of 87.75 with a target of 67.60 – 57.00. Alternative scenario: breakout and consolidation above the level of 87.75 will allow the asset to continue rising to the levels…

2024.06.21 2024.06.21 USDJPY: Elliott wave analysis and forecast for 21.06.24 – 28.06.24 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider long positions from corrections above the level of 154.50 with a target of 161.50 – 167.00. Alternative scenario: breakout and consolidation below the level of 154.50 will allow the pair to continue declining to the levels of 151.68…