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The EUR/USD formed a bull reversal bar yesterday. However, it is small and follows large bear trend bars. The odds are there are sellers above yesterday’s high and that the market will go...
The most traded currency pair in the market starts a new week of May with a decline. EUR/USD is now retreating to 1.0860.The US dollar has risen noticeably because of increased demand for safe-haven...
The EUR/USD had a bear breakout with follow-through below the moving average (blue line) and is probably Always In Short. However, it is important to realize that the market is Always In Short, in...
Eurostat today reported that eurozone industrial production fell by 4.1% in March, the most significant drop since July last year. Compared with the same month of the previous year, output fell by...
Big tech stocks are selling off dramatically on expectations US rates are likely to go up further this year, but also as investors rotate into value and cyclical trades.A recent chorus of Fed speakers...
Bitcoin is bearish since the price reached new all-time highs but only with three waves, so ideally, that was big wave B as part of a big flat or a triangle formation, with more weakness in view soon...
The Omicron variant continues to rage through Europe and the U.S., but the markets are in a positive mood. Why? There is a feeling that Omicron is much milder than Delta, which means that a wave of...
The energy sector has recovered this year, driven by the reopening of economies and the subsequent rebound in oil demand. Despite the pullback in oil prices and energy stocks in recent weeks, energy...
When we look at Tesla's (NASDAQ:TSLA) chart, we can see that the company's downward trend continued since its all-time high in late November.There was an attempt to climb higher earlier this week, but...
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