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News & Updates
Tesla completes flat correction around $631 levels
Tesla has been drifting almost sideways since last few trading sessions and might have completed a Standard Flat correction around $631 yesterday. Possibilities still remains for a push through $670 levels to test resistance trend line, before resuming lower again.
EURUSD progressing in Wave (3) lower towards 1.1300 levels
EURUSD has finally reversed lower from 1.2218 highs last week, after having drifted sideways for a while. The drop was much anticipated as bears have managed to take out over 300 pips since last Wednesday. They remain poised to target below 1.1700 in the near term.
US Dollar Index preparing to push higher towards 95.00/96.00
US Dollar Index has raised through 92.00 levels as of now and bulls are looking poised to extend further through 95.00, 96.00 levels in the next few weeks. It is quite possible that they continue higher from here itself or after a pullback, but prices stay above 89.60 levels.
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