S&P 500 Wave Analysis

US equity markets tumbled due to President Trump’s tariff proposals, raising global growth concerns. Federal Reserve Chair Jerome Powell acknowledged tariffs’ impact, emphasizing monitoring inflation and waiting for more data. The upcoming week focuses on further tariff developments, US jobs data, and central bank decisions in Australia and New Zealand. Technical analysis shows that the […]

Gold price rallied further and traded above the $2,750 resistance. Crude oil is showing bearish signs and might decline below $72.20. Important Takeaways for Gold and Oil Prices Analysis Today Gold price started a steady increase from the $2,715 zone against the US Dollar. It cleared a connecting bearish trend line with resistance at $2,750 […]

In focus today Attention shifts to French politics as the minority government faces a crucial test in passing a social security bill, which could trigger a no-confidence vote against the government. Previously reliant on tacit support from the National Rally, tensions have risen since Thursday last week, where they called the current proposal “unacceptable”. Hence, […]