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Forex Market Overview

Thu, Apr 18th, 2024
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Forecast with Elliott Wave Technique Calling EURUSD to Extend Lower

Short term Elliott Wave view in (EURUSD) suggests that cycle from 12.28.2023 high is in progress as a zigzag Elliott Wave structure. Down from 12.28.2023 high, wave A ended at 1.0694 and rally in wave...

^EURUSD : 1.06271 (-0.15%)
Elliott Wave Theory Suggests EURJPY Remains Bullish

Short term Elliott Wave view in (EURJPY) suggests that rally to 165.35 ended wave 3. Wave 4 pullback unfolded as a double three Elliott Wave structure. Down from wave 3, wave ((w)) ended at 162.59 and...

^EURJPY : 163.820 (-0.47%)
Dollar Climbs as T-Note Yields Rise and Stocks Fall

The dollar index (DXY00 ) Thursday rose by +0.16%. The dollar recovered from early losses and moved higher Thursday after T-note yields climbed on signs of strength in the US economy when weekly jobless...

DXY00 : 106.256 (+0.10%)
^EURUSD : 1.06271 (-0.15%)
^USDJPY : 154.150 (-0.32%)
GCM24 : 2,402.4 (+0.18%)
SIK24 : 28.275 (-0.37%)
Dollar Gains on Higher T-Note Yields

The dollar index (DXY00 ) this morning is up by +0.08%. The dollar today recovered from early losses and moved higher after T-note yields climbed on signs of strength in the US economy after weekly jobless...

DXY00 : 106.256 (+0.10%)
^EURUSD : 1.06271 (-0.15%)
^USDJPY : 154.150 (-0.32%)
GCM24 : 2,402.4 (+0.18%)
SIK24 : 28.275 (-0.37%)
Dollar Falls with T-Note Yields

The dollar index (DXY00 ) on Wednesday fell by -0.28%. The dollar was under pressure Wednesday due to a decline in T-note yields. Also, the euro's strength Wednesday undercut the dollar based on hawkish...

DXY00 : 106.256 (+0.10%)
^EURUSD : 1.06271 (-0.15%)
^USDJPY : 154.150 (-0.32%)
GCM24 : 2,402.4 (+0.18%)
SIK24 : 28.275 (-0.37%)
EURJPY Found Buyers After 3 Waves Pull Back

Greetings fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of (EURJPY) , published in members area of the website. As many of you already know, we've...

^EURJPY : 163.820 (-0.47%)

Forex Market Map

USD/CAD
+0.17%
EUR/GBP
+0.09%
EUR/USD
-0.15%
GBP/USD
-0.24%
USD/JPY
-0.32%
USD/CHF
-0.62%
AUD/USD
-0.65%

Forex Trading Signals

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strong sell
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The Nikkei 225 plummeted 3.31% in today's trading, which now officially puts Japanese Stocks in a technical correction after declining more than 10% from the recent all-time high! https://t.co/V2qOyrJPTs
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Stocks will finish tomorrow ________?
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Dang, guess Mike Wilson was right afterall 😂 https://t.co/zwH4vOng41
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A repeat of last year's August stock market selloff may be coming soon warns JP Morgan https://t.co/BfQXHwxbRU
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JUST IN 🚨: Nasdaq $QQQ falls below its 100D moving average for the first time since early November https://t.co/3UMl8aHDS4 https://t.co/Z0ZXVGd5m9
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Super Micro Computer $SMCI is now the most overvalued stock in the S&P 500 according to FactSet https://t.co/58HHGSgauo
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FUN FACT 🚨: S&P 500 $SPX has opened higher in the morning only to reverse and close lower by the end of the day over the last 4 trading days. This is the longest such streak since March 2018! https://t.co/CLhxzgtYA6
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Tesla $TSLA on its way to next week's earnings announcement https://t.co/XpXAmlF9qZ
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2-Year Treasury Yield closes at 4.98%, its highest level since November 13 https://t.co/2WQLPS42OB
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Apple $AAPL flirting with disaster once again as it closes at lowest price since October 26 https://t.co/7MOQtTXZvz

Forex Long Term Trends

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