2020

The Institute of Supply Management (ISM) will be releasing the monthly non-manufacturing PMI report for January today. The report marks the performance of the US services sector in the first month of the year. Economists forecast that…
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The current structure suggests that we are in the final part of a cycle degree zigzag d, which is part of a larger degree triangle. Wave d consists of primary waves Ⓐ, Ⓑ, and Ⓒ. With waves Ⓐ and Ⓑ fully completed and Ⓒ halfway through…
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EURUSD: Domina Ancora Il Sentiment Ribassista S2: 1.099    S1: 1.104     R1: 1.1121     R2: 1.121       L’impetuoso rialzo di venerdì scorso ha portato velocemente le quotazioni del cambio Eur/Usd a ridosso dell’importante resistenza a…
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So far this year, the AUD has been on the backfoot, retreating compared to most other currencies. There are several reasons, as usual. Some of them are completely unexpected (coronavirus) while others were projected ahead of the last RBA…
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Trade of the week EURUSD Recoups January Losses The single currency bounced back after having erased all of December’s gains. Last week, the Fed reaffirmed its commitment to raise inflation to the elusive 2% and showed optimism in…
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The US dollar closed in the red on the last trading day of January. Economic data on the day saw the US core PCE rising 0.2% on the month. On a yearly basis, core PCE held up at 1.6%, unchanged from the previous period. Personal…
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The current cycle-degree structure hints to further downside as part of primary waves Ⓦ-Ⓧ-Ⓨ. Wave Ⓦ unrolls in an intermediate (A)-(B)-(C) correction and has completed both waves (A) and (B), as seen on the chart. Following the…
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Liquidity crisis is often synonymous with a financial crisis. After all, when liquidity dries up, the flow of money becomes difficult. When the flow of money becomes difficult, the world can literally come to a standstill. Thus, the…
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Do you know why the Coronavirus outbreak has affected some assets more than it has others? Our Head of Investment Research and our top Asia-Pacific market researcher Daniel Grady discuss the reasons and what you should focus on over the…
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