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Eurozone February Flash PMI And Potential For Recovery
Monday’s market activity will likely depend on Europe. Firstly, because the US and Canada are on holiday. Secondly, we get some key data out of the largest European economies.
Intraday Market Analysis – AUD Recoups Losses
Intraday Market Analysis – AUD Recoups Losses
OPEC+ To Raise Production, Or Give Up?
OPEC+ To Raise Production, Or Give Up?
BABA Double Zigzag To Complete Bearish Correction
The decline in wave (Z) is likely to reach the level of 50.39. At that price level, sub-waves (Z) and (Y) will be equal.
Intraday Market Analysis – USD Retreats Across The Board
Intraday Market Analysis – USD Retreats Across The Board
Australia January Unemployment And Potential Bottom For AUD/USD
While most major central banks have been moving to a much more hawkish stance to fend off increased inflation, the RBA has remained at record low-interest rates.
USD/CHF Bullish Or Bearish Double Zigzag?
The USD/CHF pair shows the actionary wave y of the cycle degree ended and then the cycle intervening wave x emerged.
Intraday Market Analysis – USD Halts Its Advance
The euro’s break above the daily resistance at 1.1480 boosted buyers’ confidence after a sell-off in January.
What To Expect From FOMC Minutes
Tomorrow we have what is likely to be the biggest event for the markets this week. The Fed will release the minutes of their last meeting.
DXY Cycle Triple Zigzag To End Near 99.182
The current DXY structure suggests the development of a large triple zigzag consisting of cycle degree waves w-x-y-x-z.
Intraday Market Analysis – U.S. Dollar Finds Support
The US dollar recovers as hot CPI fuels bets of a 50 basis points hike in March. The rally came to a halt at January’s high (116.35).
Will The UK CPI Signal Another Rate Hike?
Over the next couple of days, we have some key data out of the UK which could shake up the markets and drive cable into a new direction.
AAPL Ending Diagonal Or Double Zigzag?
The current formation of Apple shares suggests the development of the primary fifth wave.
Intraday Market Analysis – U.S. Dollar Bounces Back
The US dollar rises as traders seek safe haven amid tensions in Ukraine.
USD/CAD Final Zigzag [Z] Heading To 1.296
The current USD/CAD structure indicates the formation of a bullish zigzag [Z] consisting of sub-waves (A)-(B)-(C) and being a simple zigzag.
The Week Ahead – Central Banks Cozy Up With The Idea Of Rate Hikes
Since the market has priced in rising interest rates in the US, new catalysts will be necessary for the next direction.
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