NEW YORK — The U.S. dollar reached a new 20-year high on Monday as risk-off sentiment stemming in part from concerns over…
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EUR/USD: Bulls run out of steam just ahead of 1.0600 post-Payrolls
EUR/USD comes under some selling pressure after the daily recovery stalled near the 1.0600 region at the end of the week.…
Continue ReadingHow RSI indicator is used with Elliott Wave
There are several different momentum indicators. One of the popular ones is the RSI (Relative Strength Index) which was developed…
Continue ReadingADP Employment Change April Preview: Will employment threaten Fed rate increase?
Following Tuesday’s choppy action, markets remain calm early Wednesday as investors move to the side lines ahead of the US…
Continue ReadingEurozone Preliminary Inflation rises 7.5% YoY in April vs. 7.5% forecast
The annualized Eurozone rose by 7.5% in April, coming in higher than the previous reading of 7.4%, the latest data published…
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