2021

USDJPY (USDJPY): Dollaro In Spinta Su JPY S2: 108.96 S1: 109.58 R1: 110.81 R2: 111.42 Il Dollaro USA allo stato attuale concretizza un forte recupero nei confronti dello JPY validando, dopo la correzione di primavera, il supporto a…
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XAUUSD tests critical daily support The US dollar catching its breath offers bullions some respite. Gold is now hovering above May’s low at 1760, an important support from the daily chart. Its breach could invalid the rally from…
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The ALIBABA formation shows that the impulse wave Ⓐ has ended. This followed the development of a bearish correction Ⓑ in a primary zigzag. It is likely that the correction Ⓑ has completed, taking the form of an intermediate zigzag…
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Crude prices have been moving higher this week after snapping an initial move lower, following an unexpectedly hawkish tone from the Fed. Even though the initial move in WTI was easily attributable to the strengthening of the dollar;…
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EURUSD faces psychological resistance The euro rises back after ECB officials’ comment that global inflation is of a temporary nature. Indeed, the pair is consolidating, which is usually the case following a strong directional…
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The current formation of the EURUSD currency pair suggests the development of a global bullish impulse. This consists of intermediate sub-waves (1)-(2)-(3)-(4)-(5). The bearish correction wave (4) seems to have just been completed, as it…
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Fed Chairman Jerome Powell is going to appear in the US Congress. However, it's not going to be one of the usual bi-annual hearings of the Fed Chairman on Capitol Hill. Rather, he will testify in front of the House Select Subcommittee on…
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