Recent Posts
StockWatch: Chevron Ramps up Low-Carbon Push!
Chevron is taking steps to diversify its business away from fossil fuels as concerns about the climate crisis grow.
In fact, the company announced that it will spend $10 billion until 2028 on low-carbon energy sources like renewable…
XAGUSD Intervening Wave X To Complete Near 28.21
The XAGUSD pair shows that a global triple zigzag is developing. This is part of which a cycle wave y, which took the form of a triple Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ zigzag.
At the time of writing, the cycle intervening wave x is under development and it…
Eurozone August Inflation: Can It Affect ECB Policy?
Normally, the release of the eurozone inflation data isn't that much of an event for the markets.
This is because we get the result from the publication of the major EU economies' CPI figures in the days ahead. Traders already know what…
Intraday Market Analysis – CAD Claws Back Losses
USDCAD capped by key resistance
The Canadian dollar recovered after a rise in the August CPI.
The previous attempt to break below 1.2500 has put the bulls under pressure. The rebound met offers at 1.2760 when the RSI was in an…
The Markets in Waves: DXY, GBPUSD, USOIL, SPX 500 & NATGAS!
In today’s video, our Head of Research Stavros Tousios dives into the top Elliott Wave opportunities the markets have in store for us.
Asset timestamps are as follows:
DXY 00:40
GBPUSD 03:25
US OIL 05:35
SPX500 07:55…
StockWatch: Boeing’s Pre-Pandemic Hope!
Boeing says it expects that it will take another two and a half years for global aviation to return to pre-pandemic levels.
Long-haul international routes would take the longest to recover, as the industry lost $126bn over the course of…
AUDUSD Final Leg of Triple Zigzag
The structure of the AUDUSD pair suggests the construction of a triple zigzag consisting of cycle sub-waves w-x-y-x-z.
On the chart, we can see the end of the actionary wave y. After this, the market formed a bearish intervening wave x.…
EIA Inventories and Potential for Crude Price Follow Through
Later today, the EIA will disclose the latest crude inventory data from the US. What's been pushing the market lately was the EIA's monthly oil inventory report release.
The contrast between their outlook and OPEC's views could be…
Intraday Market Analysis – USD Attempts Rebound
USDCHF seeks support
The US dollar initially tumbled after a minor drop in August’s core CPI. However, the pair can capitalize on strong buying interest from the trough near 0.9150.
A tentative break of August’s high at 0.9240…
The Markets in Waves: DXY, EURUSD, USDJPY, GOLD & SPX 500!
In today’s video, our Head of Research Stavros Tousios dives into the top Elliott Wave opportunities the markets have in store for us.
Asset timestamps are as follows:
DXY 00:35
EURUSD 02:15
USDJPY 03:50
GOLD 05:25…
