Weekly: Trading within an AB=CD corrective sequence. We expect the current positive move to stall near the 78.6% Fibonacci retracement of the previous corrective leg lower. Daily: Price action looks to be in the leg of a 5th wave.… Read More

Podría haber volatilidad en el mercado de divisas al final de la sesión debido a la publicación de una serie de datos macroeconómicos de EE.UU. Estos son los últimos datos importantes para los mercados antes del fin de semana extendido (el… Read More

Trade balance figures from China showed a somewhat better picture compared to the expectations. Data for January showed that exports in dollar-denominated terms rose 9.1% during the month while imports fell 1.5%. This left the trade surplus… Read More

The services sector in the United States expanded at a slower pace in January. The Institute of Supply Management's non-manufacturing PMI released last week showed that activity in the sector fell to 56.7 in January. This scored slower… Read More

With OPEC currently battling to turn the tide of lower oil prices through a cut in production, the latest industry data from the US will not make happy reading. The most recent weekly report from the Energy Information Administration,… Read More