2020

The latest inflation report from China showed a strong gain in consumer prices. The gains were driven by demand on account of the coronavirus as well as the Chinese lunar new year. China’s inflation rose 5.4% on the year in January 2020.…
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First, let's get the official Chinese response out of the way: no, there is no risk of China entering a recession because of the novel coronavirus. The standard line from the Chinese government is that they will overcome the situation.…
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NATURAL GAS (NGAS):Onda 5 In fase Di Completamento S2: 1.82     S1: 1.82     R1: 1.95     R2: 1.96 Perfetto allineamento in chiave Prezzo/Tempo per il trend ribassista del Natural Gas che approda sul supporto in area 1.82, configurando…
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Trade of the Week GBPUSD softens as trade uncertainty looms Post-Brexit euphoria might have come to an end as investors shifted their focus to EU-UK trade negotiations. The reality is that each side has a different vision of the shape…
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The latest monthly payrolls report for January saw 225k jobs being added during the month. This was well above the forecasts as the unemployment rate ticked higher. The unemployment rate rose to 3.6%. This was due to an increase in the…
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The end of the double zigzag w-x-y near 96.35 is interchanged with a standard zigzag a,b,c that is heading reversely to the larger trend.  At the time of writing, the cycle wave a is still under development. The 5-wave impulse consists of…
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With all the news focused on the coronavirus outbreak, the underlying economic data from China has been slipping a bit under the radar. Early on Monday, or late on Sunday, depending on where you are, we get the latest CPI figures from…
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CRUDE OIL: Il Greggio A Caccia Di Onda 4 S2: 49.17     S1: 50.06     R1: 52.02      R2: 53.98 Come da attese motivate in precedenza l’approdo delle quotazioni del petrolio in area 49.50 a completamento di Onda 3 di un chiaro movimento…
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Chinese authorities cut tariffs on more than $75 billion worth of goods made in the United States. The announcement comes as part of the trade talks. China is also expected to ramp up its imports of US goods up to $200 billion in value.…
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The current bullish structure suggests that the first impulse wave ① ended with a false break above the 7.00 round resistance zone. Following the primary degree 5-wave move, a bearish correction initiated in wave ②. The correction hints…
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