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Us dollar falls after weaker ism data

Yields has reversed into negative territory after the weaker than expected ISM nonmanufacturing PMI data. Prices paid was at the lowest level since Ma...

June 5, 2023, 2:28 pm

Gbp/usd: bearish correction (b) is half completed

It is assumed that the GBPUSD pair can build a corrective cycle wave IV. Perhaps this correction takes the form of a triple zigzag of the primary degr...

May 31, 2023, 9:48 am

Gbpusd: bearish correction (b) is half completed.

It is assumed that the GBPUSD pair can build a corrective cycle wave IV. Perhaps this correction takes the form of a triple zigzag of the primary degr...

May 31, 2023, 7:59 am

Goldman sachs china pmi preview - leading indicator suggests manufacturing stabilising

Goldman Sachs’s China economist cites China’s emerging industries purchasing managers index (EPMI):recorded an uptick in MayEPMI is widely seen as...

May 31, 2023, 12:07 am

Eurusd final minor abc zigzag underway!

For the EURUSD pair, we can see the formation of the correction IV inside the large impulse. Cycle wave IV most likely takes the form of a primary dou...

May 30, 2023, 7:38 am

Usd/cad: we are witing for completion of intermediate wave (y) near 1.392

Most likely, the USDCAD pair forms a global triple zigzag marked with cycle waves w-x-y-x-z. At the time of writing, the final ...

May 25, 2023, 11:27 am

Usd/cad: we are waiting for the completion of the intermediate wave (y) near 1.392

Now we are seeing the development of the final wave Ⓨ. It can end in the form of a double zigzag (W)- (X)- (Y) near 1.392. At that level, it will be...

May 25, 2023, 9:44 am

Usdcad triple or double zigzag?

The USDCAD pair is currently forming a global triple zigzag with cycle waves w-x-y-x-z. At the time of writing, the final ...

May 25, 2023, 8:51 am

Aud/usd: the pair may depreciate to the level of 0.617

The AUDUSD pair is probably building a large cycle correction b, which has the structure of a primary double zigzag Ⓦ-Ⓧ-Ⓨ. Two parts can be comp...

May 24, 2023, 8:25 am

Baba bearish trend continues!

We talked about BABA shares about a month ago where a bearish trend was forming. The current chart shows the final part of the completed ...

May 22, 2023, 7:31 am

Eur/usd: a completed skewed triangle gives a signal of further ggrowth

For the EURUSD pair, in the long term, we can observe the formation of a correction wave IV inside a large impulse. Cycle correction IV, most likely, ...

May 9, 2023, 8:26 am

Eurusd skewed triangle hits new highs!

For the EURUSD pair, we can observe the formation of a correction wave IV inside a large impulse. Cycle correction IV, most likely takes the form of a...

May 9, 2023, 7:16 am

Usdcnh leading diagonal hints at price collapse!

The USDCNH currency chart shows the formation of a double zigzag w-x-y of the cycle degree. In the last section of the chart, the initial part of the ...

May 8, 2023, 6:53 am

Gbpusd impulse over, correction beginning!

In the long term, the GBPUSD pair seems to be forming a correction cycle wave IV. This correction takes the form of a triple zigzag of the primary deg...

May 4, 2023, 7:21 am

Dow jones newswires: china’s caixin manufacturing pmi slips into contraction for april

A private gauge of China’s factory activity fell into contractionary territory in April, pointing in ...

May 4, 2023, 2:16 am

Usd/chf: ending diagonal nears completion level

In the long term, the USDCHF seems to be forming a triple zigzag pattern. Only its final part, the wave, has not been completed. The ...

May 3, 2023, 12:07 pm

Usdchf ending diagonal nears completion

In the long term, the USDCHF seems to be forming a triple zigzag pattern Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. Only its final part, the wave Ⓩ, has not yet ended. Th...

May 3, 2023, 6:53 am

Eurozone pmi manufacturing finalized at 45.8, 35-month low

Eurozone PMI Manufacturing was finalized at 45.8 in April, a 35-month low. The index was also below the 50 no-change mark for a tenth straight month. ...

May 2, 2023, 8:13 am

Us: manufacturing sector downturn continued in april according to ism

The ISM Manufacturing Index gained a sliver of ground in April, up to 47.1 from 46.3 in March. That is slightly better than market expectations, but m...

May 1, 2023, 3:15 pm

Aud/usd: price movement may accelerate in bearish impulse five

In the long term, AUDUSD seems to be forming a large cycle correction b. This correction has the structure of a primary double zigzag Ⓦ-Ⓧ-Ⓨ. Ins...

April 27, 2023, 8:37 am


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