2021

EURCHF (EURCHF): Doppio Minimo Per L’Euro Contro CHF S2: 1.071     S1: 1.081     R1: 1.092     R2: 1.104 Dal picco segnato la primavera scorsa a 1,115, EURCHF ha intrapreso una traiettoria ribassista che sotto 1.10 ha assunto le…
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GBPUSD tests major resistance The pound recovers as traders reposition ahead of the nonfarm payrolls later today. Price action is hovering under 1.3700, a supply area on the daily chart which coincides with the 30-day moving…
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Shares of Netflix were up 4.8% after a very bullish earnings preview from analyst firm Cowen & Co. The stock reached another all-time high yesterday, having posted a market-beating gain of 11% in the last three months. Due to…
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Presumably, for USDCNH, we are seeing the development of the initial part of a new zigzag pattern. We are now in a bullish impulse wave Ⓐ of the primary degree, shown by intermediate sub-waves (1)-(2)-(3)-(4)-(5). The construction of an…
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Analysts are expecting a relatively downbeat result from US employment data. But if a particular theory about prior patterns holds true, there is a chance that NFP figures could substantially beat expectations. There is a delicate…
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EURUSD weighed by bearish momentum The euro remains under pressure after flat retail sales in August. The euro saw an acceleration to the downside from a drop below November’s low around 1.1620. The lack of support suggests a strong…
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Later today, the EU is holding one of its myriad of leaders' summits. The major issue on the docket is foreign policy, with China relations at the forefront. Most notably, since January 1st foreign policy also includes the relationship…
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