Summary
In this webinar Grega Horvat will talk about The Elliott Wave Theory and present some simple rules and guidelines of the wave principle that can improve your trading. He will cover: - Corrective Waves: rules and guidelines - Impulsive Waves: rules and guidelines - What is confirming price action to pull a trigger - Past examples of trade set-ups - Live analysisLatest Live Videos
Editors’ Picks
EUR/USD trims gains, nears 1.1700
The EUR/USD pair eases in the American afternoon and approaches the 1.1700 mark. The pair surged earlier in the day after the ECB left interest rates unchanged and upwardly revised inflation and growth figures. The US CPI rose 2.7% YoY in November, nearing Fed’s goal.
USD/JPY extends gains above 156.00 after the expected BoJ rate hike
USD/JPY sees a fresh leg higher and regains the 156.00 level in Friday's Asian trading. The Japanese Yen loses further ground, digesting the Bank of Japan's (BoJ) expected 25 bps rate hike to 0.75%. Traders now look to Governor Ueda's press conference for fresh directives.
Gold declines despite Fed rate cut hopes as US inflation cools
Gold price keeps pushing lower below $4,350 in Asian trading hours on Friday. The precious metal stays in the red due to some profit-taking and weak long liquidation from shorter-term futures traders.
Bitcoin, Ethereum and Ripple correction slide as BoJ rate decision weighs on sentiment
Bitcoin, Ethereum, and Ripple are extending their correction phases after losing nearly 3%, 8%, and 10%, respectively, through Friday. The pullback phase is further strengthened as the upcoming Bank of Japan’s rate decision on Friday weighs on risk sentiment, with BTC breaking key support, ETH deepening weekly losses, and XRP sliding to multi-month lows.
Bank of England cuts rates in heavily divided decision
The Bank of England has cut rates to 3.75%, but the decision was more hawkish than expected, leaving market rates higher and sterling slightly stronger. It's a close call whether the Bank cuts again in February or March.
Here is what you need to know on Friday, December 19:
Here is what you need to know on Friday, December 19: