Daily Pivots: (S1) 135.39; (P) 135.89; (R1) 136.66; More… Intraday bias in USD/JPY stays neutral at this point. On the upside, decisive break of break of 61.8% projection of 114.40 to 131.34 from 126.35 at 136.81 will extend larger up trend. Next target is 100% projection at 143.29. On the downside, below 134.25 will extend […]
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Short Term Elliott Wave View in Oil (CL) suggests that cycle from 10.8.2024 high is in progress as a 5 waves impulse. Down from 10.8.2024 high, wave 1 ended at 66.72. Wave 2 rally ended Read more…
Key Highlights Gold started a fresh increase from the $2,535 support. It broke a major bearish trend line with resistance at $2,630 on the 4-hour chart. Oil prices are recovering and might rise toward the Read more…
Canadian Dollar and Mexican Peso faced sharp declines after US President-elect Donald Trump announced plans for aggressive trade measures targeting Canada, Mexico, and China. Trump stated that on January 20, as one of his first Read more…