Intraday Market Analysis – USD Struggles for Support
EURUSD attempts a bullish breakout The US dollar retreated after retail sales fell below 1% in September. The euro’s rally above has led some short interests to close...
NZDUSD analysis for 15.10.2021
The New Zealand Dollar is rising early on Thursday as the Dollar is being dragged down by a modest weakening of Treasury rates. The support rests at ...
Intraday Market Analysis – WTI Rally Gains Traction
USOIL consolidates gains Oil prices jumped after the IEA raised its global oil demand growth forecast. WTI crude continues to grind its way up after it reached a seven-year...
Gold analysis for 14.10.2021
After breaking past previous resistance, the EMA 50 of gold’s price at 1,776 was re-tested on Wednesday. A downward sloping trend line around 1,800 serves as resistance. A purchase...
Intraday Market Analysis – USD Seeks Support
USDCHF tests short-term support The US dollar eased after the FOMC minutes failed to pinpoint the first rate hike next year. The drop below was a sign of...
USDCHF analysis for 13.10.2021
In the early Asian trading hours on Wednesday, the USD/CHF pair was trading at a loss. The pair’s upward trend from the previous session was unable to be maintained....
Intraday Market Analysis – USD Awaits FOMC Catalyst
GBPUSD tests supply area The pound climbs as solid payrolls support the Bank of England’s first post-pandemic interest rate hike. A series of higher highs have prompted sellers to...
The Markets in Waves: DXY, EURUSD, USDCAD, NATGAS & TESLA!
In today’s video, our Head of Research Stavros Tousios dives into the top Elliott Wave opportunities the markets have in store for us. Asset timestamps are as follows: DXY...
Intraday Market Analysis – JPY Breaks Key Support
USDJPY climbs to 3-year highs The yen plunges as low Japanese bond rates reflect the divergence in monetary policies. A close above the pre-pandemic peak around has triggered...
The Markets in Waves: EURUSD, USDJPY, USOIL, GOLD & SPX!
In today’s video, our Head of Research Stavros Tousios dives into the top Elliott Wave opportunities the markets have in store for us. Asset timestamps are as follows: EURUSD...