DAX 30 rallied today and reached a new high of 15,857.40. The bias is bullish, so further growth is somehow expected. The Euro-zone data came in mixed earlier today. The German Final Manufacturing PMI was reported at 57.8 far below 58.2 points, while the Euro-zone Final Manufacturing PMI dropped …
Silver Falling Wedge Needs Confirmation!
The price of Silver was into a corrective phase in the short term after registering an amazing rally. The retreat could help us to catch new upside movements. In the short term, the rate has found temporary support and now it tries to give birth to a new leg higher. The price action developed a …
USD/JPY Continuation Pattern In Play!
USD/JPY is traded at 113.88 level far above 113.39 today’s low. DXY’s rally after yesterday’s sell-off forced the USD to take the lead again. Also, the Yen is still vulnerable as the Japanese economic data disappointed. On the other hand, the US economic data have come in mixed. The Core PCE …
