That is why the Shark Pattern and the Crab Pattern is the toughest harmonic pattern to trade. And that is also why we must ensure that our students are well-versed with Harmonic Patterns and have profited from other Harmonic Patterns before we teach these bad boys. We are back into the waiting phase

New Zealand business sentiment strengthened further in October, preliminary survey data from ANZ showed Thursday. The business confidence index improved to -14.5 percent from -28.5 percent in September. The own activity index gained 9 points to +3.6 percent. Investment intentions were little changed

Consumer and producer prices from the UK are due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics is set to publish UK consumer and producer prices for August. Inflation is forecast to ease to 0.1 percent from 1 percent in July. Eco

Sterling weakness remains the unified theme in the markets this week. The Pound remain under pressure in Asian session today while recovery attempt was brief and weak. As for the week, Canadian Dollar is currently the second weakest, in tandem with the sharp decline in oil price. Swiss Franc and Yen

Gold is in the middle of a downtrend as far as the RSI is concerned. XAU/USD has the potential breakout to highs above 2,000. The world’s precious metal has been trading a lower high and a lower low pattern for the past two days. A descending trendline continues to limit the upside. This week's bar

Photo: Revolut Revolut, which bills itself as a ‘digital banking alternative’, is launching its app and service in Japan, which marks its first leap into a non-English speaking market. European fintech startup has already completed a successful beta launch where the firm tested the service with 10

AUD - Australian Dollar The Australian dollar drifted sideways throughout domestic trade on Thursday before bouncing through resistance and testing a break above 0.73 overnight. Direction across currency markets was largely muted in the lead up to Fed Chair Jerome Powell’s speech at the Jackson Hole

Retail sales values in New Zealand plummeted 15 percent on quarter in the second quarter of 2020 during the COVID-19 lockdown, Statistics New Zealand said on Monday - marking the largest drop on record going back 25 years. Individually, declines in value were led by food and beverage services, down

Photo: iStock After COVID-19 has held a grip on the world for most of this year, it’s hard not to see everything through the lens of the pandemic: in the industrial, technological, medical, educational and financial worlds–as well as in our personal lives–the pandemic has colored everything. The v

Photo: Finance Magnates Plus500 announced this Tuesday that it has appointed David Zruia as its permanent Chief Executive Officer (CEO) after having held the role on an interim basis since the 20th of April this year. As Finance Magnates reported, Zruia was named as interim CEO after Asaf Elimelec

WTI extends the previous day’s U-turn from $40.59. Upbeat PMI data, EIA inventory draw fail to underpin the oil prices. Risk-tone also struggles for a clear direction despite escalate US-China tension and virus woes. US NFP will decorate the economic calendar, qualitative catalysts to offer addition