EURUSD has been in a downtrend since early February and weakness may resume. The sharp drop from 1.1930 likely ended wave 3, so the current rebound is probably wave 4 with 1.1660–1.1670 seen as an important resistance zone.
AUDNZD is currently experiencing a sharp recovery, reaching levels above its 2015 highs. The pair is moving within the higher-degree wave C of (III), now in wave 5 of an impulse following the breakout from a wave 4 triangle pattern. Price action suggests the pair may be approaching the late stages of this upward impulse […]
Net unrealized profits are back to the same levels as September 2023, when BTC was trading near 30000. That tells you sentiment is back to real pessimism, which sooner or later can turn around. However, structure still does not confirm a bottom yet. We may see one more flush lower before a proper low, ideally […]
US yields are climbing sharply as the Fed signals a longer hold, reducing rate-cut odds. This breakout suggests further upside, likely keeping the dollar supported.
Gold has recovered nicely from the 4400 level, advancing in a three-wave pattern up to the key 78.6% retracement, followed by a strong reversal through trendline support. This points to a potential five-wave bearish impulse in wave C, suggesting further downside while price remains below 5000. We have launched special offer for members only application […]
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