The Week Ahead – USD Retreats As Policy Divergence Narrows
USDCHF tumbles as SNB ready to act
The Swiss franc surged after SNB Chairman Jordan hinted at possible monetary intervention. The SNB boss…
There is one major question troubling economists which could determine where the markets are going. And that is if…
Recent Posts
Wall Street Bruised as Stocks Fall Again!
It seems that the panic is not over on Wall Street as stocks slumped lower in yesterday’s trading.
The Dow ended the day down 0.8%, whilst the…
USDCHF Global Triple Zigzag Tests New Highs
The USDCHF chart shows the final part of a large triple zigzag consisting of cycle sub-waves w-x-y-x-z.
Currently, there is a development of…
Intraday Market Analysis – USD Falls Back
AUDUSD breaks resistance
The Australian dollar climbs back as China gradually reopens Shanghai. The pair has bounced off a two-year low near…
Why Target and Walmart Earnings Weigh So Much on Markets
Yesterday, the Dow dropped by over 1,000 points again. The benchmark S&P 500 was down 4.0% and the Nasdaq even worse. While markets are in a…
Dow Plunges in Worst Trading Day Since 2020!
The Dow shed more than 1164 points in its biggest loss since 2020.
The tech-heavy Nasdaq fell 4.7%, whilst the S&P500 also plunged over 4%.…
USDJPY Has the Cycle Wave V Ended?
The internal structure of the USDJPY currency indicates the formation of a global impulse trend, which consists of cycle waves.
On the 1H…
Intraday Market Analysis – WTI Hits Resistance
USDCAD attempts to rebound
The Canadian dollar softened after a slowdown in April’s CPI growth. The US dollar is seeking support after it broke…
Economic Calendar
