Forex Trading Blog and Market Insights

XAUUSD Bearish Impulse To End Near 1721.96

Roman Onegin Jan 28, 2022 641 0

Gold seems to be forming a downward correction trend. This takes the form of a triple zigzag Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ of the primary degree. Most likely, the four parts of this triple zigzag are already fully complete. We are now in the final…
Read More

Technical Analysis

Intraday Market Analysis 28.01.2022

Jing Ren Jan 28, 2022 453 0

USDJPY tests major resistance The Japanese yen inched higher after January’s Tokyo CPI beat expectations. The US dollar found support in the daily demand zone around 113.50. And that is a sign that upbeat sentiment in the…
Read More

Technical Analysis

EURUSD Does the Flat Formation Continue?

Roman Onegin Jan 27, 2022 988 0

The current structure of the EURUSD pair suggests the construction of a downward correction pattern. This takes the form of a triple Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ zigzag of the primary degree. It seems that two months ago the bearish wave Ⓨ ended, which…
Read More

Fundamental Analysis

Major EU Q4 GDPs and Recession Warnings

Daniel John Grady Jan 27, 2022 1,461 0

While economists expect the EU to have had good results in their economy last quarter, that probably won't remain the case for long. Goldman Sachs expects the eurozone's economy to grow faster this year than the US economy. But, that…
Read More

Technical Analysis

Intraday Market Analysis 27.01.2022

Jing Ren Jan 27, 2022 547 0

USDCAD breaks higher The Canadian dollar slipped after the BOC kept interest rates unchanged. Its US counterpart found support at 1.2560 after a brief pullback. An oversold RSI attracted some bargain hunters. The current rebound is…
Read More

Technical Analysis

Surfing the Waves with Gregor Horvat 26.01.2022

Gregor Horvat Jan 26, 2022 925 0

In today’s advanced Elliott Wave analysis Gregor dives into the five most interesting opportunities for the week ahead! Watch how he analyses equities, FX Majors, and Commodities and discover how he applies EW principles to come up with…
Read More

Fundamental Analysis

US Q4 GDP and December Durable Goods

Daniel John Grady Jan 26, 2022 1,699 0

The wave of omicron cases in the US hasn't prompted further shutdowns. But there has been an increase in the number of workers' absences. During the last quarter, there was extensive debate over the potential impact of the Biden…
Read More

Technical Analysis

BABA Bearish Minute Zigzag Emerging

Roman Onegin Jan 26, 2022 568 0

We talked about BABA shares about a month ago. So, let's recall that the market suggests the construction of a large bullish zigzag Ⓐ-Ⓑ-Ⓒ of the primary degree. At the time of writing, the price is at the end of the primary…
Read More

Stocks

StockWatch: IBM Stock Jumps on Earnings Beat!

David Kindley Jan 26, 2022 763 0

IBM managed to surpass earnings expectations as the stock jumped over 6% on the news. Net income in Q4 also jumped over 70% from a year earlier as the pandemic woes look firmly in the rearview mirror. Microsoft also had buoyant news…
Read More

Technical Analysis

Intraday Market Analysis 26.01.2022

Jing Ren Jan 26, 2022 483 0

EURUSD grinds daily support The US dollar inches lower as traders take profit ahead of the Fed meeting. The euro’s struggle to stay above 1.1360 indicates buyers’ weak interest in holding onto previous gains. The latest rebounds…
Read More

Previous 1 … 548 549 550 551 552 … 2,040 Next