Tag Archives: FTSE

According to the Elliott Wave principle, gold and silver prices may have completed their bearish trends. We are anticipating strong gains for the metals for the rest of 2018.

Another week of gains for the Dow Jones with the index now hovering around the 26,000 level. US equity outperformance keeps trend moderately bullish. DAX bearish sequence brings July lows in focus.

GBPUSD is range-bound in the short-term but building for another leg higher with the daily chart remaining bullish.

The dollar-yen attempted a climb higher this week but fell short of delivering conviction on its downtrend breakout. Technical outlook for the pair is mixed.

The Dollar saw another high profile technical break flounder this past week. The failed launch had less to do with the viability of the pattern and was more likely a byproduct of low liquidity. But, starting next week, we enter the most active trading period of the year.