Elliott Wave Analysis: S&P500 Can Take A Corrective Dip
Good day traders! Today we are going to take a better look at S&P500. S&P500 is trading bullish since November 2016, when wave II was completed. From there the price …
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EUR/USD: is it time to buy the dip?
EUR/USD has retreated from the highs, mostly on profit-taking from the big sell-off of the US dollar. It previously advanced thanks to Draghi’s unconvincing compaints about the exchange rate. What’s …
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How To Position For Further CAD Strength Post-BoC – TD
The Bank of Canada’s hawkish hike has sent the loonie skyrocketing. What’s next? Here is the view from TD: Here is their view, courtesy of eFXnews: TD FX Strategy Research …
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USD/CAD has more room to the downside – 2 opinions
The BOC raised rates again and sent the Canadian dollar shooting higher. And it may not be over just yet. Here are two views, both explaining why there is more …
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USD: 3 Reasons For Further Broad USD Weakness Vs EUR
The US dollar is slipping against both its major peers, the euro and the yen. What’s next? The team at Nomura sees further weakness. Here is their view, courtesy of …
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EUR: The ECB Poses ‘2-Way’ Risks For EUR/USD On Thursday
The European Central Bank’s meeting is getting closer and the tension is felt in euro/dollar. Here is the view from Barclays: Here is their view, courtesy of eFXnews: Barclays Capital …
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Elliott Wave Analysis: EURUSD and USDCHF
Good morning traders! Markets did not move much since yesterday because of the holiday in the US, but we expect volatility to come back soon. Technically the market did not …
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USDCAD Technical Analysis for September
I am looking at the USDCAD pair. There are a few different factors that make me think it might be just before a turning point. First things first. The Daily …
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EUR: The Level Of EUR Will Become Increasingly Important
EUR/USD made a round trip to 1.2070 before falling back down, well under the 1.20 level. This could influence the decision by the European Central Bank when it decides on …
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Why this NFP could be very volatile – 5 reasons
This could be a more volatile NFP for various reasons. Will the dollar continue falling or will it bounce back like it did in reaction to the previous jobs report? …
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