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EURUSD Impulse Underway

The current EURUSD structure hints to a zigzag consisting of waves Ⓐ-Ⓑ-Ⓒ. The primary wave Ⓑ of the bearish pattern is a zigzag. Wave Ⓑ of (B) seems to have taken a triple zigzag W-X-Y-X-Z formation. The bullish price action suggests…

EURCAD Likely to Revisit 1.50

Euro has been on a defensive stance across the board recently. Riskier assets, on the other hand, have been upbeat. This was led by the upside in WTI oil's upside and by economies re-opening. Will it last though? And if yes, how long…

Metals Regaining Topside Momentum?

Gold The yellow metal started the week on a soft footing. Prices retreated towards the 1679.87 support level. This saw demand kick in fuelling a strong reversal higher to take gold positive on the week once again. The reversal higher on…