2022

There is a general shift in the economic situation going on, particularly in Europe. But, the difference in monetary policy in response to a similar situation on either side of the English Channel could provide some interesting investment…
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The AUDUSD currency pair shows the formation of a long-term descending triple combination consisting of primary sub-waves Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. Not so long ago, wave Ⓨ, which is a triple zigzag, ended. This included intermediate sub-waves…
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USDCHF bounces higher The US dollar rallied after January’s nonfarm payrolls exceeded expectations. The latest pullback found support near the previous low at 0.9180. A bullish RSI divergence suggests a loss of momentum in the…
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EURUSD soars on hawkish ECB shift The euro surges as the market wagers on an interest rate increase in the eurozone this year. The ECB has finally acknowledged that high inflation could last longer than expected. Christine Lagarde…
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The USDCNH currency pair seems to be forming a large horizontal correction wave ④ of the primary degree. This takes the form of an intermediate double three (W)-(X)-(Y). Perhaps, at the time of writing, we are in the final part of…
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A recent analyst note circulated by Goldman Sachs painted a somewhat negative picture for gold this year. The investment firm saw the price of the precious metal heading lower for the foreseeable future, citing primarily the effects of…
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EURUSD breaks higher The euro soared as traders bet that persistent inflation could force the ECB to act sooner than later. A break below the daily support at 1.1300 had put the single currency under pressure. However, a swift…
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Markets got a bit shaken after we got the ADP employment figures for January yesterday. Of course, we should note that ADP has lost its reputation for being able to predict where the NFP will come out. However, it can still influence…
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The current formation of the NZDUSD currency pair hints at a cycle zigzag pattern, which consists of three main sub-waves a-b-c. On the current chart, we see the second half of a major correction wave b of the cycle degree. It looks…
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