2021

AUDUSD tests key support The Australian dollar softens as the state of Victoria goes into a five-day lockdown. Last week’s bearish breakout below 0.7450 has given the bears the upper hand. The price’s failure to lift offers around…
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In his closely watched testimony before the House of Representatives yesterday, Fed Chairman Powell stuck to the script about where monetary policy is going. This might take on a new dimension in light of tomorrow's data. Moreover, a…
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On the 1H timeframe of the BABA stock chart, we see the structure of a large Ⓐ-Ⓑ-Ⓒ zigzag. Over the past six months, the market has been moving within the bearish correction Ⓑ. To date, it continues its development. Wave Ⓑ takes the form…
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GBPUSD bounces off Fibonacci level The better-than-expected UK CPI in June has lifted the sterling across the board. Price action has seen strong support above 1.3730, a critical demand zone on the daily chart. After the initial…
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Tonight during the Asian session, we will get a host of market-moving data that could rile up the markets quite a bit. The most important data is probably the release of China's Q2 GDP figures. The consensus is for a significant economic…
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The EURUSD seems to be developing a large bullish impulse. This consists of intermediate sub-waves (1)-(2)-(3)-(4)-(5). Intermediate correction (4) has a complex internal structure of a triple W-X-Y-X-Z zigzag. At the end of May, the…
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USDCHF(USDCHF): Espressione Di Forza Per USD S2: 0.901 S1: 0.91 R1: 0.923 R2: 0.935 USDCHF guadagna forza nei confronti del franco svizzero dopo aver validato i supporti di medio periodo a quota 0.895. E’ evidente come le quotazioni…
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