McCarthy

Hello fellow traders, In this technical article, we are going to present Elliott Wave charts of QQQ ETF . As our members know QQQ is trading within the cycle from the 396 low. Recently the ETF has reached the extreme zone from the April 9th peak and found buyers as expected. In

The Turkish central bank (CBT) is unlikely to cut its main repo rate at today’s meeting, so soon after it had to emergency tighten rates inter-meeting following the market blow-up when Istanbul Mayor Ekrem was arrested. Nevertheless, some tweaking of secondary policy tools is possible: for example,

EUR/JPY trades near the 162 zone following a modest advance on WednesdayMACD prints a sell signal, while moving averages reinforce bullish momentumSupport aligns at 161.87 and 161.89, with resistance emerging near 162.40 The EUR/JPY pair inched higher on Wednesday ahead of the Asian session, trading

EUR/USD daily chart Support: 1.1195 (S1), 1.0960 (S2), 1.0735 (S3). Resistance: 1.1470 (R1), 1.1680 (R2), 1.1885(R3). EUR/USD appears to be moving in an upwards fashion, with the next possible target for the bulls being the 1.1470 (R1) resistance line. We opt for a bullish outlook for the pair and s

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In this week's session, Coach recapped a historic moment in the markets as the Non-Farm Payroll (NFP) report helped slow the dollar's sharp decline. The rally in bonds and falling yields, alongside the steep drop in USD/JPY, highlighted strong risk-off positioning. Additionally, WTI crude oil touche

There has been a big response from financial markets to the reciprocal tariff announcement in the US. European equities are lower across the board, the Eurostoxx index is down 2% and the FTSE 100 is down 1.2%. Asian stocks were mixed. The Nikkei was lower by 2.77%, the Hang Seng fell by 1.7% and the

EURUSD maintains bullish momentum ahead of US tariffs and CPI data AUDUSD in the doldrums – Will the RBA meeting provide a helping hand? USDJPY takes a downturn as NFP and ISM PMI forecasts dim market sentiment Eurozone CPI inflation --> EUR/USD With the market on edge over whether the White Hous

US markets After a month of whipsaw squeezes, cross-asset wobbles, and pure Q1 chaos, the burning question on every macro trader’s mind is: what’s really lurking behind the reciprocal tariff curtain? With markets bracing for more policy fireworks, it was no surprise to see the Dow, S&P 500, and