Recent Posts
The Markets in Waves: EURUSD, AUDUSD, USOIL, DJ30 & EURGBP!
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:
EURUSD 00:50
AUDUSD 04:00
US OIL 06:45
DJ 30 09:00…
StockWatch: Facebook Surpasses but Warns of Slowdown
Facebook beats earnings expectations, however warned of a significant growth slowdown for the rest of the year.
This caused shares to fall as much as 5%, as it saw no significant increase in daily and monthly active users.
Pfizer saw…
Eurozone Q2 GDP: The Recession is Over
Tomorrow we await the official confirmation that Europe has exited the (second) covid recession.
While this might be a relief for many policymakers, there are still plenty of economic troubles plaguing the shared economy. So even though…
XAGUSD Has Actionary Wave y Ended?
The current XAGUSD formation hints at a large triple zigzag structure. This is where the bearish actionary wave y is in formation.
The wave y has the internal structure of a triple Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ zigzag which has ended.
In the near future,…
Intraday Market Analysis – USD Struggles to Find Bids
EURUSD attempts reversal
The US dollar tumbled after Fed Chairman Jerome Powell said it is nowhere near a rate hike.
The RSI divergence was a giveaway that the sellers may have taken their feet off the pedals. The break above 1.1820…
The Markets in Waves: DXY, EURUSD, GBPUSD, USDJPY & GOLD!
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 00:55
EURUSD 04:20
GBPUSD 06:15
USDJPY 08:05…
StockWatch: Apple Revenue Up but Stock Drops
Apple’s sales were up 36% from the June quarter last year, as iPhone sales increased by nearly 50% on an annual basis.
Apple stock was down over 2% as the company warned on its earnings call growth in the September quarter would not be…
US Q2 GDP: Where is the Economy Heading?
Tomorrow there is a host of key data coming out ahead of the US session, which could rile up the markets even as they still digest the FOMC meeting results.
The biggest data point of the month is likely to be the release of Q2 GDP data.…
AUDUSD Did Cycle Intervening Wave x
The current structure of the AUDUSD pair eyes the construction of a triple zigzag consisting of cycle degree waves w-x-y-x-z.
On the chart, we can see the end of the actionary wave y, after which the market formed a bearish intervening…
Intraday Market Analysis – Gold Awaits Catalyst Breakout
XAUUSD seeks support
Gold bounces back as the US dollar retreats ahead of the Fed meeting later today.
The price has been treading water above 1790 as the bulls struggle to save the rebound. The dip below the psychological level of…
