The Power of Elliott Wave Blue Boxes: GBPUSD’s Perfect Bounce

Last week was packed with earnings and data. Five of the Magnificent 7 stocks announced magnificent earnings. Some, like Google and Amazon, kept their investors on their sides, whereas others, like Microsoft and Meta failed to impress as their investors couldn’t get over the weaker forecast and further AI spending that they announced. Big Oil […]

USDCHF fell to the lowest in ten years on Friday as safe-have Swiss franc shined on strong migration into safety, sparked by escalation of US-China trade war. Friday’s drop of 1.7% until early US trading comes in extension of nearly 4% loss on Thursday (the biggest one-day drop in almost three years) and the pair […]

The week kicked off on a positive note for German stocks. Rheinmetall – a defense stock – was the top winner in the DAX index as the company extended gains for a fourth consecutive session to a record high, while enthusiasm was much less visible in the US markets. The S&P 500 gapped lower; although […]