XAUUSD - A fall is possible. On the daily chart, a downward correction ended as the fourth wave of the higher level (4), within which the wave C of (4) formed as a momentum and the fifth wave (5) develops. Now, the first entry wave of the lower ...

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image AUDUSD - US economy grew by 3.2% in the third quarter Yesterday, the Reserve Bank of Australia (RBA) published the minutes of a meeting on monetary policy, in which the head of the department, Philip Lowe, explained why the interest rate was ...

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image USDJPY - A fall is possible. On the daily chart, the third wave of the higher level 3 ended, and a downward correction forms as the fourth wave 4, within which the wave of the lower level a of 4 develops. Now, the wave (v) of a is ...

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image EURUSD The EURUSD pair faced negative pressure yesterday to attack 1.0580 level but it keeps its stability above it, and begins today with new bullish bias motivated by stochastic positivity, waiting to head towards our main expected target ...

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USDTRY - CBRT Leaves Rates Unchanged Central Bank of the Republic of Turkey announced its final rate decision of 2022 today at 11:00 am GMT. Market expected the main one-week repo rate to be left unchanged at 9.00%. Those expectations were met with ...

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Crude Oil - Oil reserves in the USA have sharply decreased again According to October statistics, the USA holds the lead with 11.971M barrels of oil, Saudi Arabia is in second place with 10.957M barrels, and Russia is in third place, which has ...

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ADAUSD - Under pressure from general market negative factors Last week, the US regulator confirmed the need to continue raising the interest rate and keep it at high levels until at least 2024: investors' expectations for softening hawkish rhetoric ...

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GBPUSD Technical Analysis The GBPUSD pair tests 1.2135 level and still below it, and the contradiction between the technical indicators still valid, to continue with our neutrality until the price confirms its situation according to the mentioned ...

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NZDUSD Faces Solid Support The NZDUSD pair touched 0.6275 level and found solid support there, to show some bullish bias and retest the broken neckline of the head and shoulders’ pattern that appears on the chart, waiting to resume the negative ...

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EURUSD breaches the minor resistance The EURUSD pair begins today with new positivity to breach the resistance that appears on the chart and attempts to hold above it, reinforcing the expectations of continuing the bullish trend, opening the way to ...

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NZDUSD - The price is in a correction, a fall is possible. On the daily chart, the upward wave of the higher level (А) formed, a downward correction ended as the wave (B), and the wave (C) develops. Now, the first entry wave of the lower level i of ...

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image AUDUSD - Growth is possible. On the daily chart, the first wave of the higher level (1) formed, a downward correction ended as the second wave (2), and the third wave (3) develops, within which the first entry wave of the lower level i of 1 ...

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image EURUSD - Low gas price in the EU supports the euro Thus, according to data from the TTF exchange, the price for gas contracts with delivery in February is now 1120.0 dollars per 1.0K cubic meters, which was last observed in June, when the ...

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image USDCAD - The price is in a correction and may grow. On the daily chart, the fifth upward wave of the higher level 5 develops, within which the wave (3) of 5 forms. Now, the third wave of the lower level 3 of (3) has formed, a downward ...

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image USDCHF - Growth is possible. On the daily chart, the third wave of the higher level 3 develops, within which the upward first wave (1) of 3 formed, and a downward correction ended as the second wave (2) of 3. Now, the wave C of (2) has ...

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image NZDUSD - economic activity slows down in New Zealand In recent weeks, macroeconomic data from New Zealand suggest a significant slowdown in economic activity, with Westpac's Q4 domestic consumer sentiment index at 75.6 points, down from Q3 ...

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ETHUSD - Technical analysis Since the end of last month, the quotes have been moving in the main sideways range of 1325.00–1090.00. The cryptocurrency market is uncertain, as fears of further negative consequences of the bankruptcy of the FTX ...

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EURUSD under the negative pressure The EURUSD pair traded negatively in the previous sessions to break the bullish channel’s support line and settles below it, but we notice that the EMA50 forms good support to protect the price from suffering more ...

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image Crude Oil - Growth is possible. On the daily chart, the first wave of the higher level (1) formed, and a downward correction develops as the second wave (2), within which the wave А of (2) formed. Now, the development of wave B of (2) has ...

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image XAGUSD - The price is in a correction and may grow. On the daily chart, a downward correction of the higher level ended as the second wave (2), and the third wave (3) develops, within which the first entry wave of the lower level 1 of (3) ...

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