StockWatch: Citigroup Exiting 13 Retail markets

Citigroup​ posted results that beat analysts’ estimates for Q1​ profits with strong investment banking revenue. The firm also said it was shuttering retail #banking​ operations in 13 countries across #Asia​ and parts of Europe​ to focus more on wealth management outside the US​. Bank of […]

What Halting JNJ & AstraZeneca Vaccines Really Means for the Markets?

So far, two covid vaccines have been halted due to potential side effects. Given the speed with which vaccines were developed, it does open a question about whether other vaccines will face similar issues. There have been numerous media reports of scary side effects. As […]

GBPUSD: Final Leg Of The Triple ZigZag Has Just Begun

The The GBPUSD currency pair seems to be forming a cycle trend in the long term. On the 1H timeframe, we see the final part of the first cycle wave w. The wave w takes the form of a primary triple zigzag. The primary intervening […]

The Markets in Waves: EURUSD​​​, GBPUSD​​​, AUDUSD​​​, DOW​​​ & GOLD​​​​!

In today’s video, our Head of Investment Research Stavros Tousios dives into the top Elliott Wave opportunities the markets have in store for us. Asset TimeStamps are as follows: EURUSD 01:00​ GBPUSD 04:00​​​​​ AUDUSD 07:00​​​​​ DOW JONES 09:50​​ GOLD 11:45 Join our responsible trading community […]

Intraday Market Analysis – Bullish Extension

AUDUSD gains momentum as rally extends Markets bid up the Australian dollar after the country’s unemployment rate dropped from 5.8% to 5.6% in March. A brief pullback overnight near the 30-hour moving average (0.7700) was met with strong buying interest. The RSI’s easing from the […]

Chart of the Day – AUDUSD- (April 15th, 2021)

Last month I noted the AUDUSD was in a head and shoulder pattern, and frankly, not a lot has changed. If you have been listening to the daily FACE webinars, or the exclusive Morning EDGE webinars for Forex Analytix clients, you would know that I […]

EURJPY – ¡ hey Traders ! Doble techo a la vista en Semanal.

¡ Hola Traders ! Hoy día 15 de Abril del año 2021, queremos analizar el desarrollo de los precios de uno de los cruces del euro con mas volatilidad, el par EURJPY, en sus intervalos de tiempos Semanal, diario y H4. Indicadores técnicos utilizados son […]

What to Expect Ahead of China Q1 GDP

The markets are on tenterhooks ahead of the release of the first GDP figures from one of the world’s major economies for the first quarter. Most of the world saw a second wave of covid cases far exceeding the first, with a return of extended […]

StockWatch: US Banks Hit a High Note

As the earnings season begins JPMorgan​ and Goldman Sachs​ were both given a boost as they both beat profit estimates. JP Morgan posted a first-quarter profit of $4.50 a share, whilst Goldman Sachs posted per-share earnings of $18.60, crushing the $10.22 estimates. What is next […]

USOIL Double Zigzag To Complete Near 52.63

The USOIL chart shows the final part of a large bullish impulse consisting of primary sub-waves ①-②-③-④-⑤. Wave ④ is still under development at the time of writing. This is the penultimate wave in the cycle impulse c. The correction ④ consists of intermediate sub-waves […]