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BABA Bearish Minute Zigzag Emerging
An alternative scenario shows the formation of the primary correction wave Ⓑ has already come to an end.
Intraday Market Analysis – USD Awaits For New Catalysts
The US dollar inches lower as traders take profit ahead of the Fed meeting. The euro’s struggle to stay above 1.1360 indicates buyers’ weak interest in holding onto previous gains.
What To Expect From The FOMC Meeting
There are a lot of market expectations ahead of the FOMC’s meeting which concludes tomorrow. We’ve been seeing swings in the markets lately, including unusual behavior from US stocks on Monday.
USD/CHF Cycle Sub-Waves Y And X Could Be Equal
The current USD/CHF formation indicates that at the end of November, the market completed the actionary wave y of the cycle degree, followed by a cycle intervening wave x.
Intraday Market Analysis – GBP Still In Correction
The Australian dollar recovered after the Q4 CPI beat expectations. However, the latest rally took a bearish turn after the price slipped below 0.7170.
Will Australian Inflation Change The RBA’s Outlook?
Australia had something of a positive start to the week. Specifically, headlines have been speculating that the country has surpassed the peak of Covid infections from the current omicron wave.
DXY New Primary Pattern Emerging
The formation of the DXY index suggests the development of a large triple zigzag consisting of cycle waves w-x-y-x-z.
Intraday Market Analysis – The US Dollar Struggles To Bounce
The Swiss franc rallied as traders poured into safe-haven currencies.
European Flash January PMIs
Services PMI figures have come to the fore during the recovery, as investors gauge how much the economy has reopened and normalized.
The Week Ahead – U.S. Dollar Finds Support As Rate Hike Looms
As the US unemployment rate falls under 4% and inflation reaches a 40-year high, traders are pondering how strong the Fed’s hand will be.
AAPL Intermediate Correction Lowers Prices To 139.61
There is a possibility that the price within the correction (4) will fall to the support level of 137.18, located on the lower red line.
Intraday Market Analysis – Gold Continues Upward
The Australian dollar climbed back after the unemployment rate dropped to 4.2% in December.
Why Hasn’t The U.S. Lifted Chinese Tariffs?
It seems so long ago that the biggest concern for the markets was a trade war between the US and China, initiated with taxes applied by the Trump administration.
USD/CAD Bullish Impulse (C) Leads To New Highs
The USD/CAD pair sees an upward price movement within the large wave Ⓨ of the primary degree.
Intraday Market Analysis – U.S. Dollar Pulls Back Again
The Canadian dollar finds support from hotter-than-expected inflation. The US Dollar remained under pressure after it failed to hold onto 1.2500.
Intraday Market Analysis – The British Pound Seeks Support
The pound falls into correction, USDJPY struggles to bounce, SPX500 seeks support.
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