2023

In the long term, Silver is most likely moving inside a corrective trend consisting of cycle waves w-x-y-x-z. On the 1H timeframe, we see the structure of the second intervening wave x, which could soon end. This could take the form…
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NZDUSD tests support The New Zealand dollar fell after the Q1 data showed a clear slowdown in inflation. The pair is struggling to preserve its gains from the March rally with a drop below the base of the recent surge at 0.6180…
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The UK's high inflation rate will come down next month, basically because of math. Typically, you can't make these kinds of definitive predictions in the markets. But there is an underlying phenomenon to CPI figures that will have an…
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GBPUSD attempts to rebound Cable inched higher as Britain’s inflation remained double digit. The latest retracement has found support on the 20-day SMA (1.2350) and a bounce above the immediate resistance of 1.2340 eased some pressure.…
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So far, US banking earnings have been a mixed bag, but have contributed to firming up expectations for what the Fed will do at the next meeting. Traders are now pricing in an 88% chance that the Fed will hike by 25 bps at the next meeting,…
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