USDMXN Can Be a Good Short With Crude Oil On The Rise
USDCAD has been in a bearish trend since the end of 2022.
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Silver’s Awaited Breakout: Navigating Market Dynamics and Patience
Today, I want to talk about silver because it’s one of the things that everyone expects to break higher.
10 Year US Yields: Final Leg In A Bullish Sequence?
The USD has recently demonstrated an upward trend, after higher inflation data last week but still below 3.3% expectations y/y.
UK Inflation and COT Data Shows Potential Resistance For The Pound
Up until now this year, the pound has made significant upward progress, continuing its recovery that began in September 2022 after a massive capitulation, pushing it to levels not seen since 1985 at 1.05.
Technology Sector in Corrective Setback Within Uptrend – Elliott Waves on Nasdaq100
The USD experienced a strengthening last week while stocks faced a decline, which was influenced by Powell’s statement suggesting the possibility of raising interest rates once or twice more this year.
Bearish Reversal On USDNOK Can Be Supported By Higher Crude Oil Prices (Elliott Waves)
Crude oil is demonstrating efforts to stabilize following the recent FED rate decision, exhibiting intriguing intraday support around $67.00 per barrel throughout the week.
Gold Eyeing New Supports For a Bounce – Elliott Wave Analysis
Last week, the US CPI exceeded expectations with a reading of 5.0%, resulting in a weaker US dollar (USD) at the beginning of the week.
EUR/USD: Pair Moving Into Key 1.08 Resistance Ahead of The FOMC
Over the past week, the value of USD has been declining due to bank liquidity issues, starting with Silicon Valley Bank and Signature Bank in the US, and followed by Credit Suisse.
Crude Oil is Trapped in a Range, But Clock for a Breakout is Ticking
Crude oil has been volatile since start of the year, but only within limited important levels.
Correction On USD Has Room For More Gains – Elliott Wave Analysis
We have seen a major reversal on the markets in the last few weeks, firstly after the strong US jobs data for January and then also more dollar strength followed after worse-than-expected US CPI figures.