Every new bit of information about the omicron variant of covid has been jostling the markets lately. So. many might have forgotten that tomorrow is the release of NFP data. On the other hand, maybe for some, it might seem like “old” data, as it […]

The current AMZN structure shows a bullish impulse. This includes the formation of a deep fourth wave of the primary degree. The primary correction wave ④, apparently, takes the form of an intermediate triple combination (W)-(X)-(Y)-(X)-(Z). Let’s pay attention to the last wave (Z), which […]

USDCHF to test key support The US dollar stabilized after Jerome Powell hinted at speeding up the taper pace. The break below 0.9270 has put the rally on hold. The support has turned into resistance with the latest rebound fading. But a bullish divergence suggests […]

AAPL shares seem to be forming a primary fifth wave, taking the form of an ending diagonal of the intermediate degree (1)-(2)-(3)-(4)-(5). This wave is also the final one in the cycle impulse a. It is likely that at the moment we are in the […]

It’s common knowledge that the chronic problem the BOJ has had to deal with is low inflation. But, inflation is unlikely to pick up if consumers are unwilling to spend. So, keeping an eye on consumer sentiment can give us some advance warning about where […]

USDCAD seeks support The Canadian dollar edged higher after Q3’s GDP beat expectations. A bullish MA cross on the daily chart indicates a bullish bias in the US dollar’s favor. The break above the resistance at 1.2770 suggests that the bulls retain control of the […]