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What’s Up With 5G And Airlines?
Yesterday, several US airlines, and others who fly to the US, announced they were suspending flights over 5G. Since then, there have been changes, and many have announced that they will resume the flights.
GBPJPY Impulse Or Ending Diagonal?
The GBPJPY currency pair is most likely moving within the cycle impulse, with wave III under development.
UK December CPI: Confirmation Of A Rate Hike?
Tomorrow we get another avalanche of UK economic data just before the market opens. And the key element for the markets is likely to just be the Inflation data.
XAG/USD Primary Triple Zigzag To End Near 28.74
The XAGUSD structure suggests the development of a cycle triple zigzag w-x-y-x-z. In this chart, we see the final part of the bearish wave y.
Intraday Market Analysis – U.S. Dollar Recoups Some Losses
The euro retreated as short-term traders took profit. After a six-week-long consolidation, the euro soared above the supply area at 1.1380 and forced the bears to cover in mass.
What To Expect From BOJ Interest Rate Decision
Tonight the BOJ meets for the first policy decision gathering of any of the major central banks.
AUD/USD Primary Wave Ⓧ To End Near 0.754
It is assumed that according to AUD/USD, the development of a bearish intervening wave x of the cycle degree occurs.
Intraday Market Analysis – U.S. Dollar Still Under Pressure
The US dollar came under pressure after a contraction in December’s US retail sales.
China Q4 GDP And Growth Outlook
Monday morning (or late Sunday, depending on where you are located) will probably be the most important data day for Asian traders.
U.S. Oil Cycle Wave C To Complete Near 93.71
U.S. Oil seems to be forming a global upward impulse c of the cycle degree, which consists of primary sub-waves ①-②-③-④-⑤.
The Week Ahead – Markets Seek Catalysts As Fed Seals Rate Hike
The Canadian dollar surges as renewed risk appetite boost demand for commodities. Price pressure in the US was largely anticipated following policymakers’ talks about faster tightening.
Intraday Market Analysis – Nasdaq Struggles To Rebound
The Nasdaq 100 faltered after an unexpected rise in US initial jobless claims.
German Annual GDP, And How Far Europe Is From Recovering
Europe’s economic recovery from the pandemic has been slow.
Intraday Market Analysis – USD Cuts Through Support
The US dollar plunged after December’s CPI slowed down to 0.5% from 0.8% in November.
NZD/USD 5 Wave Impulse Could Lead To New Highs
In the long term, the formation of the NZD/USD currency pair hints at a cycle zigzag pattern, which consists of three main sub-waves a-b-c.
Intraday Market Analysis – U.S. Dollar Under Pressure
The US dollar fell after the Fed Chair’s remark that no decision has been made on quantitative tightening. The pair showed some weakness near the daily resistance at 1.3600.
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