S&P 500 Analysis: How Long Could the Stock Market Correction Last?

In focus today From the US, October retail sales and industrial production data will provide markets with the latest hard evidence of the health of the US consumer and manufacturing sectors. We expect that with still positive employment and solid wage gains, retail sales should remain on a steady growth path over the coming months. […]

Markets After the Swiss National Bank (March), the Swedish Riksbank (May) and the Bank of Canada (yesterday), the ECB today is the next in line among central banks from developed economies to reduce policy restriction. It cut its policy rates by 25bps, bringing the deposit rate from 4.0% to 3.75%. ECB assesses that the dynamics […]

Hello fellow traders. In this technical article, we’re going to take a look into the Elliott Wave charts of USDJPY, exclusively presented in the members’ area of our website. As our members know USDJPY has recently made pull back that made clear 3 waves down from the April 29th peak . The pair completed correction […]