Monthly Archives: March 2025
Netflix’s price rises from the blue box area, analysed through its 4-hour Elliott Wave Charts
Written on March 20, 2025 at 8:23 pm, by davin
Netflix’s Elliott Wave chart suggests an impulse rally, recommending buying dips, with confirmation above $1065.05.
US existing home sales reached 4.26 million, exceeding expectations amid strong housing market indicators
Written on March 20, 2025 at 8:21 pm, by davin
US existing home sales rose 4.2% in February to 4.26 million, exceeding expectations despite high mortgage rates.
In January, the change in Canada’s Employment Insurance beneficiaries month-on-month remained at -0.4%
Written on March 20, 2025 at 7:53 pm, by davin
Employment Insurance beneficiaries in Canada remained stable, while AUD/USD and EUR/USD declined amid Dollar strength.
The South African reserve bank maintains a 7.50% repo rate, with inflation predicted at 3.6%
Written on March 20, 2025 at 7:51 pm, by davin
The South African Reserve Bank kept the repo rate at 7.50%, while GDP growth projections declined to 1.7%.
In March, the Philadelphia Fed Manufacturing Survey for the United States exceeded expectations at 12.5
Written on March 20, 2025 at 7:23 pm, by davin
Philadelphia Fed Manufacturing hit 12.5 in March, USD strong, Gold corrected, and Trump discussed cryptocurrency.
After the SNB’s rate cut, USDCHF increased, breaching moving averages and reaching new daily highs
Written on March 20, 2025 at 7:21 pm, by davin
USDCHF rose after the SNB rate cut, surpassing key moving averages and targeting higher resistance levels ahead.
The four-week average of initial jobless claims in the US is 227K, slightly increasing
Written on March 20, 2025 at 6:53 pm, by davin
Jobless claims rise slightly; British pound pressured; EUR/USD rebounds; Gold hits record; Trump addresses crypto summit.
Initial Jobless Claims in the United States reached 223K, falling short of the anticipated 224K
Written on March 20, 2025 at 6:23 pm, by davin
Jobless claims hit 223K, dollar strengthens, gold retreats, and Trump discusses crypto industry at summit.
March Philadelphia Fed index recorded +12.5, surpassing expectations, although new orders markedly declined
Written on March 20, 2025 at 6:21 pm, by davin
Philly Fed headline at +12.5, employment surged, new orders fell, shipments decreased, inflationary pressures persist, growth expectations tightened.
The fourth quarter’s Current Account for the United States reported a deficit of $-303.9B, exceeding predictions
Written on March 20, 2025 at 5:54 pm, by davin
The US current account deficit improved, GBP/USD weakened, EUR/USD rebounded, gold retraced, and Trump discussed crypto.