Wall Street looks set to snap a four-day losing streak Wednesday as investors swoop back in to beaten-down global stocks amid an overnight easing in oil prices. U.S. equity futures powered higher Wednesday, while crude Read more…
The USD is seen in a bullish structure vs other major currencies, so we should be aware of more risk-off in the near term. Also, one of the most important markets these days, crude oil Read more…
It’s too early to celebrate the buying opportunity that’s coming, and don’t try to time the market bottom. You’ll probably lose that battle. Geopolitical crises create great buying opportunities in the stock market. That’s the Read more…
Stock futures surge as investors swoop back into global markets; Oil prices ease ahead of Energy Department data; gas hits $4.26 a gallon; Federal prosecutors probing trades linked to Microsoft-Activision takeover; Bumble shares soar on Read more…
The Euro stands at the front foot for the second consecutive day, boosted by improved sentiment on growing expectations for a de-escalation of the conflict in Ukraine that revived risk appetite. Tuesday’s first bullish close Read more…
USDJPY is creeping higher toward the 116.00 handle and the five-year high of 116.34 after recently bouncing off the Ichimoku cloud. The bullish simple moving averages (SMAs) are defending the broader positive structure. Currently, the Read more…
EURJPY entered a bear market in the long-term picture, falling harshly below its previous lows to bottom at a 16-month low of 124.38 last week. While the 20-day simple moving average (SMA) has just created Read more…
Asian stocks mixed as US and European futures attempt recovery US and UK ban on Russian oil imports could translate into global inflation shock EURUSD may sink towards 1.06 if ECB backs away from policy Read more…
Crude oil and natural gas prices surged during the overnight session after the United States and the UK announced new sanctions on Russia. In a statement, Joe Biden said that the US will stop importing Read more…
In this technical blog, we will look at the past performance of 4 hour Elliott Wave Charts of AUDUSD. In which, the decline from 25 February 2021 high is unfolding as a 7 swing corrective Read more…