Elliott Wave International Editorial Staff
Elliott Wave International
The stock market often seems to defy logic. Consider that good news is often followed by plummeting prices, and bad news is often followed by rising prices. Here's how to make sense of it all …
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Editors’ Picks
EUR/USD advances 1.10 amid upbeat trade headlines, after mixed US retail sales
EUR/USD is trading closer to 1.1050, up on the day. US Commerce Secretary Ross has expressed optimism about reaching a deal with China. The Retail Sales Control Group met expectations with 0.3%.
GBP/USD soars past 1.2900 as Farage gives additional boost to Conservatives
GBP/USD has leaped above 1.29, the highest since early November, as the Brexit Party has failed to field candidates in 43 additional seats, facilitating a victory for PM Boris Johnson.
USD/JPY clings to gains near session tops, around 108.70 post-US data
The USD/JPY pair maintained its strong bid tone near session tops and had a rather muted reaction to the mixed US economic data.
Editors’ Picks
EUR/USD advances 1.10 amid upbeat trade headlines, after mixed US retail sales
EUR/USD is trading closer to 1.1050, up on the day. US Commerce Secretary Ross has expressed optimism about reaching a deal with China. The Retail Sales Control Group met expectations with 0.3%.
GBP/USD soars past 1.2900 as Farage gives additional boost to Conservatives
GBP/USD has leaped above 1.29, the highest since early November, as the Brexit Party has failed to field candidates in 43 additional seats, facilitating a victory for PM Boris Johnson.
USD/JPY clings to gains near session tops, around 108.70 post-US data
The USD/JPY pair maintained its strong bid tone near session tops and had a rather muted reaction to the mixed US economic data.
Crypto Today: Playing with the thin red line
BTC/USD has fallen below $8,500 during the Asian trading session. A close below this support level would put $7,500 on the trading table. ETH/USD is moving below the 50-period exponential moving average.
Gold looks to close week with small gains below $1,470
The precious metal struggled to find demand on Friday as the upbeat market mood on renewed hopes of the United States and China reaching a trade deal to avoid a tariff hike in December caused investors to move away from safe havens.
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