EQUITIES

Intraday Market Analysis – USD Sees Limited Rebound

USDCHF tests resistance The US dollar inched higher after Fed Chairman Jerome Powell commented that it was time to taper. A bearish MA cross on the daily chart weighs on overall sentiment. Nonetheless, the pair has found some buying interest in the short-term over the […]

Australia Q3 CPI and a Return to Growth?

Australian covid cases might have finally reached a peak. Particularly with the 7-day moving average of cases finally trending downwards for the first time since the “third wave” started. This could mean that there is a chance of relaxing covid restrictions by Christmas as some […]

GBPUSD Cycle Wave y Hints At Double Zigzag

The current structure of the GBPUSD pair suggests a large cycle double w-x-y zigzag in the long term. It is likely that the cycle intervening wave x has come to an end. It consists of primary sub-waves Ⓦ-Ⓧ-Ⓨ and has the form of a double […]

StockWatch: Tesla Joins $1tn Club!

Tesla has breached a trillion dollars in market capitalization, and it’s the fifth US company to join the club. Shares in the electric carmaker climbed by 12.6% after it also struck a deal to sell vehicles to the car rental firm Hertz. Facebook focused on […]

Surfing the Waves with Gregor Horvat: GBPUSD, USDCAD, NZDUSD & More!

In today’s advanced Elliott Wave analysis Gregor dives into the five most interesting opportunities for the week ahead! Watch how he analyses equities, FX Majors, and Commodities and discover how he applies EW principles to come up with his amazing forecasts! Timestamps: GBPUSD 00:25 USDCAD […]

Intraday Market Analysis – USD Struggles to Bounce

AUDUSD consolidates gains The Australian dollar rallied after Q3 inflation exceeded expectations. A bullish MA cross on the daily chart indicates an acceleration in the upward movement. Pullbacks are likely to attract a ‘buy the dips’ crowd. The pair has been consolidating its recent gains […]

Will Anything Happen at the ECB Meeting Tomorrow?

With most central banks in the world “normalizing” their policy, and some moving to raise rates somewhat dramatically, the ECB is in a unique position. While there is a lot going on, and plenty of things for ECB members to talk about, there isn’t much […]

USOIL Impulse Push to 97.44

USOIL seems to be forming a global upward impulse, which includes the primary wave ③. The current chart shows the final part of the primary third wave. This sees the end of correction wave (4) of the intermediate degree in the form of a double […]

StockWatch: Microsoft Up by 2% on Earnings Beat!

Microsoft shares edged higher after the software and hardware maker reported quarterly earnings that exceeded analysts’ estimates. Total company revenue climbed almost 22% year over year, which is the fastest growth since 2018. Visa also topped earnings expectations for its latest quarter. The CEO stated […]

Oil in wait-and-see mode, gold moves up

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