SPX Bounce Expected to Fail
SPX has broken below Oct 30 low (2603.54), i.e. Primary wave ((W)), opening further downside with incomplete bearish sequence from Sept 21 high (2940.91). Near term Elliott Wave view suggests… Read more »
Tag: Bounce
Dollar near one-month high on bounce in U.S. yields, weak pound By Reuters
© Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this photo illustration By Shinichi Saoshiro TOKYO (Reuters) – The dollar held near a one-month high against its peers on… Read more »
EUR/USD Caught in Congestion as USD Extends Fibonacci Support Bounce
EUR/USD Caught in Congestion as USD Extends Fibonacci Support Bounce EUR/USD, US Dollar Talking Points: – The US Dollar has extended yesterday’s bounce from Fibonacci support. The level of 96.47… Read more »
Bitcoin Recovery Weakens as Price Drops 4.4%, Dead Cat Bounce?
The gains Bitcoin made during the Friday and weekend trading session fizzled at the beginning of this week. The digital currency’s recovery lost steam after establishing an intraday high at… Read more »
$3K Ahead? Bitcoin Price Bounce Is Again Losing Steam – CoinDesk
Bitcoin (BTC) still has the potential to drop towards $3,000, despite a minor bounce from 15-month lows seen on Friday. The leading cryptocurrency by market value picked up a bid… Read more »
Indian Rupee Shows a perfect bounce from Gann Angle
As per our Last Analysis We saw the bounceback is USD INR and price reaching all the way till 71.3 above our Weekly Level of 70.3 and had shown a… Read more »
Crude bounce from Gann Angle Support,Weekly Forecast
As Discussed in Last Analysis We are near support level as seen in below chart.Coming week as we have formed Doji on Weekly chart, above 3730 we can say correction… Read more »
WTI Holds Near $50/bbl; Bounce May Very Well Be Bull Trap
Technical Crude Oil Price Talking Points: The ONE Thing: A bounce could very well be a trap for bulls. There is a lot of resistance near $56/bbl.-$59/bbl. that could bring… Read more »
Volatility May Simmer Down After Springboard Bounce
S&P 500/Dow Jones Technical Highlights: S&P 500 drops into support, has it on the move higher again Dow Jones staved off further losses from confluent support Volatility may die down… Read more »
USD/JPY stays underpinned by Nikkei boost, bounce off 100-day moving average
USD/JPY trades near the highs for the day close to 112.90 Some traders are citing short covering ahead of European trading as the reason for the move higher in USD/JPY,… Read more »