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Iron Ore Prices Keep Rising, But What About AUD/USD?
Yesterday, iron ore prices topped another 6-month high, harkening back to when there was broad speculation of a commodities supercycle.
Intraday Market Analysis – USD Finds Support
The US dollar surged after consumer prices hit a 40-year high.
What To Expect From Cable After UK GDP
What’s likely to get most of the attention is the release of GDP figures, followed by the trade balance. But, we have to be careful in interpreting the potential market impact in the context of the latest BOE meeting.
GBP/JPY Cycle Impulse III To End Near 163.55
The GBP/JPY currency pair is moving within a cycle impulse. Right now, the third part of this impulse is under development.
Intraday Market Analysis – AUD Breaks Key Resistance
The Australian dollar climbs as traders wager on a hawkish shift from the Reserve Bank of Australia.
U.S. Oil Fresh Highs For Intermediate Impulse Wave (5)
The structure of the US Oil waves shows us that a large bullish impulse trend is developing in the market, consisting of primary sub-waves ①-②-③-④-⑤.
Can Oil Go Higher?
Following the OPEC+ meeting last week, WTI crude prices increased substantially, marking further consecutive multi-year highs. Over the weekend, some analysts wondered if crude would reach the $100/barrel mark, an important psychological barrier.
Intraday Market Analysis – The Euro Cools Down
The euro fell back after ECB President Lagarde tried to cool rate hike expectations. The rally came under pressure at the January peak of 1.1480.
How The Markets Could React To U.S. January CPI
The range of expectations for January inflation numbers goes from 7.0% all the way up to 7.9%.
XAGUSD Bearish Zigzag Ⓩ To End Near 20.170
The XAGUSD pair shows the development of a long-term correction wave b.
Intraday Market Analysis – Gold Bounces Back
Gold continues to recover as the US dollar treads water.
AUD/USD Is The Primary Triple Three Ⓧ Wave Ending?
The  AUD/USD currency pair shows the formation of a long-term descending triple combination consisting of primary sub-waves Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ.
Retail Sales From UK, Italy And Monetary Policy Implications
There is a general shift in the economic situation going on, particularly in Europe.
Intraday Market Analysis – USD Regains Momentum
The US dollar rallied after January’s nonfarm payrolls exceeded expectations. The latest pullback found support near the previous low at 0.9180.
Is Gold Going For A Bear Market?
Gold has been trading generally flat for this year. In fact, if we average out the ups and downs, gold has been trading pretty much flat all last year, too.
The Week Ahead – ECB Is The Latest To Turn Hawkish
The ECB has finally acknowledged that high inflation could last longer than expected.
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