Hello Traders, Let’s Talk About the NIKKEI (JAPAN225) Index! Reactions Lower From Equal Legs Area Hey there fellow traders! Today, we’re diving into the exciting world of the NIKKEI (JAPAN225) index and its recent reaction lower from the equal legs area. Here at Elliott Wave Forecast, we’ve developed a system that allows us to pinpoint…
Gold Price Retaining Bullishness Ahead of US Inflation Figures Why XAU/USD is Bullish The XAU/USD pair is currently bullish as long as it remains above the uptrend line. The upper median line (uml) is seen as a potential target for the pair, indicating further upward movement. The recent drop in gold price is viewed as…
Economic Outlook: Consumer Prices and FOMC Minutes Inflation Data and Interest Rate Hikes In the US, the March reading on consumer prices is due out on Wednesday. This data is closely watched by investors, policymakers, and economists as it provides insights into the current state of inflation in the country. Inflation is a key factor…
