The pair ended a cycle up in wave ((1)) from the 9/3/2019 lows at 1.3519 on 12/13/19. From there a cycle in wave (A) ended at 1.2904 & wave (B) ended on 12/31/19 at 1.3284 to correct the cycle lower from the 12/13/19 highs . While below 1...
CURRENCY STRENGTH OVERVIEW TODAY Coronavirus is impacting Markets! As Australian Dollar is strongly correlated with China we see AUD drops in all timeframes. Currency strength don't lie! USD and CHF can work as save havens. Market movement in gives many opportunity for scalpers today...
The euro recovered past 1.0860 against the US dollar as German GDP is expected to confirm a 0.2% growth in the fourth quarter versus 0.0% expected by analysts. An encouraging data could further fuel recovery in single currency against a softening US dollar...
Major US indices plunged more than 3% in New York as worries that the coronavirus could become a global pandemic took a toll on the markets worldwide. Technology stocks led losses in New York; Apple (-4.75%), Microsoft (-4.31%) and Intel (-4...
Pivot (invalidation): 13230.00 Our preference Short positions below 13230.00 with targets at 12950.00 & 12790.00 in extension. Alternative scenario...
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Gold rallied to a fresh seven-year high as risk-off capital poured into the yellow metal. The price of an ounce surged to $1680 for the first time since January 2013...