2021

Tomorrow could be a pretty active day for CAD pairs. This is due to the simultaneous release of two key macro events. There is a relatively firm consensus on what the BOC will agree to at their meeting. Therefore, there is less of a…
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USDCHF awaits breakout The US dollar recovers thanks to firm US Treasury yields at the start of the week. The pair is still stuck in a horizontal consolidation between 0.9100 and 0.9190. Sentiment has leaned to the upside after a…
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We can expect an important reaction in the Aussie dollar and the ASX no matter what happens at tomorrow's RBA meeting. That said, economists and analysts are pretty divided on their expectations for what the Reserve Bank will do. Without…
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The formation of the USDJPY currency pair hints at a triple zigzag. The structure consists of primary waves Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. With four parts out of five parts fully completed wave Ⓩ is currently under construction. It could take the form of an…
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DAX Fut. (DE30): In Attesa Di Un Nuovo Allungo Sopra I Massimi S2: 15,498 S1: 15,638 R1: 15,961 R2: 16,144 Chiusura di settimana in ribasso per il DAX future, che non riesce a sopravanzare i massimi assoluti segnati lo scorso 13…
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GBPUSD rises to daily resistance The US dollar tumbled after a worse-than-expected jobs report. The pound had held well above the former resistance level of 1.3780. The long side gained confidence while the short side gave up.…
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EURUSD climbs as price pressure rises The euro inched higher supported by improved economic data. Inflation in August overshot to a decade high by a full percentage point above the central bank’s target. This has placed…
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