2021

EURAUD capped by falling channel Despite Australia’s soft retail sales number, the euro remains under technical pressure. The pair has been sliding within a bearish channel since last October and the eurozone’s retail reading today is…
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Shares in Exxon Mobil have paused in their recent ascent. The energy company’s stock prices continue to hover around the 55.39 level following a break above it last week. Shares recovered from a brief dip below the level this week to…
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One of the events that could potentially reverse (or at least slow) the decline in the dollar, is better jobs data. There have been a few fundamental signs from the US which have led the markets to be a little nervous, but the dollar…
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USOIL hints at a global cycle impulse that consists of sub-waves I-II-III-IV-V. Impulsive wave III completed its pattern. It was formed by the primary sub-waves ①-②-③-④-⑤. Currently, cycle wave IV which is under development may have…
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Welcome to the Orbex​​ daily Elliott Wave​​ update! In today’s video, our Head of Investment Research Stavros Tousios dives into the top opportunities the markets​​ have in store for us. Asset TimeStamps are as follows: - AUDUSD​…
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GER 30 recoups February losses Easing Treasury yields have put a floor on global stock markets for now. The DAX 30 is making another attempt at February’s high of 14180 after it broke through intermediate resistance levels of 13990 and…
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DAX Fut. (DE30): Dax Fut. A Maggior Propensione Rialzista S2: 13,842     S1: 13,942     R1: 14,120     R2: 14,198 L’indice tedesco Dax continua a ruotare in area 14.000 dove aver mostrato un buon ritorno di forza all’inzio di…
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2021 Reversal Underway Shares in Chinese tech firm Alibaba are continuing to slide today, trading lower ahead of the market open on Tuesday. Following an initial rally over January which saw shares climbing off the December 2020 215…
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