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technical analysis

USDCNH in Zigzag Pattern?

The current USDCNH structure shows a completed bullish impulse consisting of primary waves ①-②-③-④-⑤. The 5-wave pattern is part of wave a of a cycle degree a-b-c formation. Cycle wave b is a bearish zigzag consisting of waves Ⓐ, Ⓑ, and… Read More

The Week Ahead: Not So Fast

GBPJPY Bounces Off 4-Week Low The pound sterling has begun a tentative recovery after giving back all its gains in June. However, its advance might not be a smooth ride as ongoing Brexit talks may stir up volatility. The EU’s… Read More