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USOIL hints at a global cycle impulse that consists of sub-waves I-II-III-IV-V. Impulsive wave III completed its pattern. It was formed by the primary sub-waves ①-②-③-④-⑤. Currently, cycle wave IV which is under development may have…
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Welcome to the Orbex​​ daily Elliott Wave​​ update! In today’s video, our Head of Investment Research Stavros Tousios dives into the top opportunities the markets​​ have in store for us. Asset TimeStamps are as follows: - AUDUSD​…
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GER 30 recoups February losses Easing Treasury yields have put a floor on global stock markets for now. The DAX 30 is making another attempt at February’s high of 14180 after it broke through intermediate resistance levels of 13990 and…
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DAX Fut. (DE30): Dax Fut. A Maggior Propensione Rialzista S2: 13,842     S1: 13,942     R1: 14,120     R2: 14,198 L’indice tedesco Dax continua a ruotare in area 14.000 dove aver mostrato un buon ritorno di forza all’inzio di…
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2021 Reversal Underway Shares in Chinese tech firm Alibaba are continuing to slide today, trading lower ahead of the market open on Tuesday. Following an initial rally over January which saw shares climbing off the December 2020 215…
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The start of March posed some difficulties for crude prices, as they paired back some of the gains from the long run in February. Of course, that might just be profit-taking, as the run-up has been pretty long. Or there might be an…
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The formation of the AUDUSD currency pair shows a clear completion of correction wave b. The cycle wave b is a bullish triple zigzag of the primary degree. The end of the intermediate impulse (C), which completed the primary wave Ⓩ,…
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USDCAD awaits GDP catalyst Canada’s GDP figure could dictate the loonie’s short-term direction as the pair just bounced off the eleven-month long bearish trendline. A solid reading could keep the US dollar subdued as the RSI cools…
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Selling Stake in Chinese Dairy Firm Shares in French food group Danone are trading higher ahead of the market open as traders digest news that the company has initiated proceedings to sell its stake in Chinese dairy firm Mengniu Dairy…
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