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The Week Ahead – Energy Inflation Derails Central Banks’ Agendas
A dovish statement from the central bank is expected this week as the war at the gate of the eurozone intensifies.
Intraday Market Analysis – USDJPY Tests Supply Area
In addition to the yen stalling, NZDUSD is recovering amid commodity price rallies and the FTSE 100 slipped.
Will The US February NFP Signal Ongoing Recovery?
Substantial jobs growth would give the Fed room to continue policy tightening. However, there is a substantial short-term risk due to the Ukraine situation. That could likely overshadow the US employment data,
USOIL Bullish Trend Could Reach 144.83
Most likely, the primary fifth wave is now under construction. If not, and the fourth wave is correcting, the price could end near 85.43.
Intraday Market Analysis – The Euro Struggles For Support
The euro retreats as the ECB may dial back normalization amid the Ukraine crisis.
GBPJPY Impulse Trend Pushes To 160.77
GBPJPY: It is possible that wave IV will be at 38.2% of impulse III.
Intraday Market Analysis – Gold Recovers Slowly
Gold recovered after the first round of peace talks between Ukraine and Russia ended without a resolution. The precious metal found support over 1885.
How Low Can The Euro Go?
The EURUSD is down 250 pips from the start of the year. The next major support level appears to be 1.1000. Will it fall that far, or even farther?
What To Expect Out Of OPEC Meeting
Today we have OPEC’s Joint Ministerial Committee meeting. But the real potential market-moving event could be the end of the OPEC meeting tomorrow.
AUD/USD Primary Intervening Wave Ⓧ To End Near 0.744
AUD/USD seems to be forming a bearish triple Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ zigzag.
Intraday Market Analysis – CHF Gains Momentum
Intraday Market Analysis – CHF Gains Momentum
USDCNH Minuette Impulse Pushes The Level Of 6.238
The USDCNH pair could be forming a large horizontal correction wave ④ of the primary degree. This takes the form of an intermediate double three (W)-(X)-(Y).
European PMIs & German Retail Sales
This time around, however, it could take a back seat given the contingency in Ukraine, and how the market reacts to the latest news.
Intraday Market Analysis – USD Bounces Back!
Intraday Market Analysis – USD Bounces Back!
The Week Ahead – The Next Move
A deterioration in risk sentiment took a toll on the Australian dollar. War in Ukraine drove investors into safe havens and left riskier currencies such as the Aussie vulnerable.
Making Sense Of The Whipsaw In Markets
Stock markets have been on a roller coaster the last couple of days. That naturally bleeds over into currencies, as traders look to position their investments.
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