US Oil: Bulls Target 90.26
US Oil suggests the formation of a triple zigzag pattern Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. The primary waves Ⓦ-Ⓧ-Ⓨ […]
Nasdaq 100 Grinds Higher
The Nasdaq 100 rallies as improved US consumer sentiment showed a falling inflation outlook. The […]
XAG/USD Tests Resistance
Silver steadies as traders continue to dump the US dollar. The price is testing the […]
EUR/USD Keeps High Ground
The US dollar struggles on speculation that the Fed is nearing the end of its […]
EUR/USD’s Upside is Capped Around 1.0942
Markets Yesterday’s most striking market move happened in the gas market. Europe’s main reference, the […]
Shanghai Composite Index Technical Outlook: Rally Losing Steam?
Chinese equities have run into stiff resistance suggesting that the nascent rally could be about […]
China Data Beats Low Expectations – USD/CNH Oversold?
China’s economy rose at an annualised rate of 3% in 2022 according to official data. […]
Chinese Population Shrinks for the First Time in Six Decades
Market movers today Today’s key data release will be the ZEW index from Germany. It […]
Hangseng Index Rallying in Nesting Impulse Elliott Wave Structure
Cycle from 10.31.2022 low in Hangseng Index is in progress as a nesting 5 waves […]
Japanese Yen Slides Ahead of BoJ While Chinese Data was Digested. Where to for USD/JPY?
The Japanese Yen went lower again today as the market eyes the Bank of Japan […]
China GDP growth slowed to 2.9% yoy in Q4, but beat expectations
China’s GDP growth slowed to 2.9% yoy in Q4, down from Q3’s 3.9% yoy but […]
UK payrolled employment rose 28k in Dec, unemployment rate unchanged at 3.7% in Nov
In December, UK payrolled employment rose 28k or 0.1% mom to 29.9m. That’s a rise […]