Recent Posts
StockWatch: Oil Giants Top Estimates Amid Recovery
On Friday, Chevron and Exxon reported profits for the second straight quarter, as improving demand for petroleum products and a jump in oil and gas prices boosted operations.
Still, the oil giants pointed to caution around capital…
GBPJPY Has Cycle Wave y Ended?
The formation of the GBPJPY currency pair suggests the development of the final part of the cycle wave y.
This wave takes the form of a double zigzag consisting of primary degree sub-waves Ⓦ-Ⓧ-Ⓨ. The last actionary wave Ⓨ is currently…
Can US ISM Manufacturing PMI Bring Back Market Optimism?
Usually, after companies report their corporate earnings, traders want to see the market moving higher.
However, last week, after a host of corporate earnings came out, the stock market performance in the US was highly disappointing.…
Intraday Market Analysis – Euro Gains Momentum
EURUSD breaks resistance
The euro inched higher after the eurozone’s Q2 GDP growth topped estimates.
The pair has crossed above the 30-day moving average on the daily chart, a sign of unwavering interest from the demand zone at…
The Markets in Waves: DXY, EURUSD, GBPUSD, OIL & 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 01:15
EURUSD 03:25
GBPUSD 05:30
US OIL 07:25…
Podcast: Will the Yen Suffer from the Olympics?
With the Olympics finally underway, discussions are at hand on how beneficial to the economy they will be.
With past games putting economies under heavy pressure, could this actually happen to Japan?
Join David and Daniel as they…
The Week Ahead – Central Banks Wait to See Through the Pandemic
GBPUSD rises as recovery goes on
As a top performer among G10 currencies, the pound climbs higher as the UK’s reopening gains traction.
While concerns over the more contagious variant may not dissipate any time soon, and even if…
StockWatch: Spending Recovery Fuels Mastercard Earnings!
Mastercard topped expectations with its second-quarter results amid a continued recovery in spending trends.
The company reported a second-quarter net income of $2.1 billion, up from $1.4 billion in the prior quarter
Amazon posted a…
How Markets Have Reacted to Earnings Season So Far
Today marks the unofficial mid-point of the second-quarter earnings season.
By the end of the session, a little more than half of the major corporations across the world will have published their quarterly financial reports.
This…
DXY Cycle Correction Likely To Complete Near 94.16
The current structure of the DXY index suggests that we are in a correction wave IV of a cycle degree. Its formation is similar to a large triple Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ zigzag.
The first four parts of this zigzag have ended. Now we can expect that…
