GBPUSD Forex Elliott Wave Technical Analysis - Thursday, May 30

TalkMarkets - Thu, 05/30/2024 - 05:58
The completion of orange wave 3 indicates that the current corrective wave 4 is approaching its end. The invalidation level at 1.25707 is critical for maintaining the integrity of this wave count.

USD/JPY Commentary - Thursday, May 30

TalkMarkets - Thu, 05/30/2024 - 05:47
Following the intervention-driven move lower in USDJPY over the start of the month, the pair has steadily recovered off the 151.81 lows and is now almost back up at the 158.28 level.

Analysts Are Bullish On The 3M Stock Price: Should You?

TalkMarkets - Thu, 05/30/2024 - 05:35
3M shares have crashed by over 35% from their highest point in 2021. The company is implementing a turnaround strategy under a new CEO. I believe that the company could replicate General Electric’s success.

EUR/GBP Forecast: Continues To See Support

TalkMarkets - Thu, 05/30/2024 - 05:24
The Euro has bounced slightly against the British pound during the trading session on Wednesday, as we continue to pay close attention to the 0.85 level.

Thoughts For Thursday: Nowhere To Go

TalkMarkets - Thu, 05/30/2024 - 05:24
Fundamentals have not changed but seems the market couldn't go higher yesterday, so it fell. That for some investors is also, called profit-taking.

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