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Surfing the Waves with Gregor Horvat

In today’s advanced #ElliottWave​​ analysis Gregor dives into the five most interesting opportunities for the week ahead! Original Article

Alibaba Shares Slide Further

2021 Reversal Underway Shares in Chinese tech firm Alibaba are continuing to slide today, trading lower ahead of the market open on Tuesday. Following an initial rally over January which saw shares climbing off the December 2020 215 lows to highs around 274, Alibaba shares […]

Can Thursday’s OPEC Meeting Save Oil Prices?

The start of March posed some difficulties for crude prices, as they paired back some of the gains from the long run in February. Of course, that might just be profit-taking, as the run-up has been pretty long. Or there might be an external factor, […]

AUDUSD Could Correct Higher Before Bearish Impulse

The formation of the AUDUSD currency pair shows a clear completion of correction wave b. The cycle wave b is a bullish triple zigzag of the primary degree. The end of the intermediate impulse (C), which completed the primary wave Ⓩ, triggered a bearish move. […]

Intraday Market Analysis – Follow the Trendline

USDCAD awaits GDP catalyst Canada’s GDP figure could dictate the loonie’s short-term direction as the pair just bounced off the eleven-month long bearish trendline. A solid reading could keep the US dollar subdued as the RSI cools off from the overbought area. As the 20-hour […]

Danone Rallies on Sale News

Selling Stake in Chinese Dairy Firm Shares in French food group Danone are trading higher ahead of the market open as traders digest news that the company has initiated proceedings to sell its stake in Chinese dairy firm Mengniu Dairy Company Limited. The company has […]

What to Expect in a Busy Week for AUD

Australia has been riding the recent commodities boom. And if a supercycle does develop, it could be in for some substantial growth. But, there is a particular challenge that they have to overcome in the short term, which might put it behind other countries during […]

XAUUSD: Triple ZigZag Likely To Complete Near 1668.53

On the 1H timeframe for gold, we see the formation of a major correction (4) of the intermediate degree. This is a bearish triple zigzag consisting of five minor sub-waves W-X-Y-X-Z. The correction itself (4) is part of the global bullish impulse. It is assumed […]

The Week Ahead: A Good Problem to Have

USDCAD rebounds as US recovery in sight The market did not take the Fed’s pledge to keep the monetary policy loose at face value but instead started to price in future inflation. The turn in investor sentiment has sent ripples through global markets, with the […]

Intraday Market Analysis – Corrective Action

EURUSD may give up February gains The greenback’s safe-haven status and the economic recovery are working in tandem to lift the dollar back from the abyss. Friday’s bearish MA cross after an overbought RSI indication was a warning sign of the over-extension. The reversal was […]