The dollar edged lower for a third consecutive day on Friday as stronger-than-expected U.S. inflation data failed to shake convictions that the Federal Reserve will start cutting interest rates ... Read More
European stocks were flat Monday morning, after stronger-than-anticipated jobs data on Wall Street tempered expectations for a Federal Reserve rate cut. The pan-European Stoxx 600 was little changed from ... Read More
Metals are approaching resistance areas, so be aware of a fifth wave ending soon on some of them; Gold and platinum, while copper may have already found a top, ... Read More
Not so long ago, Europe seemed to have its financial house more-or-less in order. German government spending was actually falling. Industries that had been nationalized in the socialist 70s ... Read More
SP500 is turning higher as expected, now breaking decisively above the upper channel line which is an indication of a completed three waves of a decline. We see a ... Read More
Higher degree trend is bearish on GBPUSD, but price activity since December 2018 is overlapping, thus corrective. We are observing a three-wave correction (A)-B)-C)) in progress from the lows, ... Read More
USDJPY just broke lower out of a triangle, however triangles suggest the final leg »v« before a reversal, because a triangle occurs in wave »iv«, so do not be ... Read More
USDCHF is in a bearish, extended move from the 1.002 area, where a previous, bigger correction had ended. We are tracking a five-wave, impulsive cycle, with pair trading ... Read More
USDCAD is on the move with a clear impulse down from 1.3429 level so a five-wave decline is what we expect towards 1.3150/1.3100 area in the upcoming sessions. ... Read More
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