technical analysis

NZDUSD heads towards key support The US dollar tripped after a fall of the Michigan Consumer Sentiment Index. On the daily chart, the kiwi is pulling back towards the 20-day moving average after it surged above 0.7100. 0.7080 at the…

The current USDCNH structure indicates the formation of a large bearish zigzag x of a cycle degree. This consists of primary sub-waves Ⓐ-Ⓑ-Ⓒ. The sub-waves Ⓐ and Ⓑ have ended. The primary wave Ⓑ completed in the form of a bullish zigzag…

In today’s video, our Head of Investment Research Stavros Tousios dives into the top Elliott Wave opportunities the markets have in store for us. Asset TimeStamps are as follows: #DXY 01:00 #EURUSD 04:15 #GBPUSD…

EURUSD grinds major resistance The euro consolidates its recent gains ahead of today’s ECB meeting. The pair has recovered from the 30-day moving average (1.2105). Hourly MAs have shown a bullish cross through the path upward could…

The formation of the USDJPY currency pair hints at the construction of a primary double Ⓦ-Ⓧ-Ⓨ zigzag. The first actionary wave Ⓦ has come to an end which was a triple zigzag. The bearish intervening wave Ⓧ which is a double zigzag has…

AUDUSD returns to major support The Australian dollar stays muted after a dovish RBA kept the official interest rate unchanged overnight. Despite a rebound above the resistance at 0.7750 the pair is struggling to gain momentum. The…

In today’s video, our Head of Investment Research Stavros Tousios dives into the top Elliott Wave opportunities the markets have in store for us. Asset TimeStamps are as follows: $DXY 00:30 $GBPUSD 02:40 $GOLD…