Daily Pivots: (S1) 1.4589; (P) 1.4648; (R1) 1.4685; More… Intraday bias in EUR/AUD remains neutral for the moment. On the downside, decisive break of 1.4318 low will resume larger down trend to medium term projection level at 1.3623. Nevertheless, firm break of 1.4804 resistance will dampen this bearish view and bring stronger rise back to […]
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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…