2022

USDCHF seeks support The US dollar bounces higher fuelled by expectations of a supersized rate hike after record high inflation. A short-lived pullback has met solid buying interest over 0.9750. A pop back above the recent high at…
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China is the first major economy to report its Q2 GDP figures, which are expected tomorrow along with a literal avalanche of data. We could expect some choppy markets in Asia following the release, even if all the data aligns in the same…
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A strong dollar has seen a decline in both the yellow and black gold recently. Gold is expected to test the $1700, with WTI already breaking the $100 level. With recession fears mounting and China battling renewed Covid-19 outbreaks…
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AMZN seems to be forming a zigzag pattern consisting of cycle sub-waves a-b-c. In the last section of the chart, a decrease in the price could indicate the beginning of a bearish correction wave b. This correction can take the form…
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GBPUSD sees limited bounce The pound finds support from better-than-expected GDP growth in May. The pair is having a hard time holding onto its rally attempts. Bearish sentiment means that rebounds have rather been opportunities for…
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In today’s advanced Elliott Wave analysis Gregor dives into the five most interesting opportunities for the week ahead! Watch how he analyses equities, FX Majors, and Commodities and discover how he applies EW principles to come up with…
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The euro hit the one-to-one region as analysts now expect the Eurozone to fall into a recession. The bear market that has continued for over a year seems to have led the euro to a 20-year low. So, what next for the currency pair? A…
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Tomorrow is the unofficial start of Q2 earnings season, with the "big four" US banks reporting their earnings. As most corporations around the globe update investors over the coming month, we'll get a lot of insight into how the economy is…
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The current formation of AAPL shares suggests the development of the primary fifth wave. This takes the form of an ending diagonal (1)-(2)-(3)-(4)-(5) of the intermediate degree. The wave ⑤ is the last part in the large cycle impulse a.…
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NZDUSD tests support The New Zealand dollar consolidates as the RBNZ raises its interest rates by 50 basis points. The struggle to clear the supply area around 0.6200 suggests that the sell side still has a firm grip on the direction.…
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