2022

The current formation of AAPL shares suggests the development of the primary fifth wave. This takes the form of an ending diagonal of the intermediate degree (1)-(2)-(3)-(4)-(5). The wave ⑤ is the final part in the cycle impulse a.…
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USDCHF to test resistance The US dollar rises as traders seek safe haven amid tensions in Ukraine. The pair is grinding up along a rising trendline from support at 0.9180. A series of higher lows suggests strong buying interest. A…
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GBPUSD rises over narrowing divergence The pound renewed its strength as the Bank of England may deliver more rate hikes this year. The rebound reflects the narrowing rate differential expectations between the UK and the US. Four…
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Yesterday, iron ore prices topped another 6-month high, harkening back to when there was broad speculation of a commodities supercycle. This came a little ahead of the latest monthly traffic report from Hedland Port, the largest iron ore…
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The current USDCAD structure indicates the formation of a bullish zigzag consisting of sub-waves (A)-(B)-(C) and being a simple zigzag. This simple zigzag is located in the last part of the triple three ----. Wave has taken the…
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USDJPY to test major resistance The US dollar surged after consumer prices hit a 40-year high. Higher lows and then a close above the recent peak at 115.65 is an indication of strong bullish pressure. This breakout has propelled the…
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Tomorrow we get an avalanche of data out of the UK before the start of the trading session. What's likely to get most of the attention is the release of GDP figures, followed by the trade balance. But, we have to be careful in…
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The GBPJPY currency pair is moving within a cycle impulse. Right now, the third part of this impulse is under development. The second half of the powerful impulse wave III is visible on the 1H timeframe. At the end of December, the…
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