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Dow Jones Wave Analysis – 20 May, 2022
• Dow Jones broke support area• Likely to fall to support level 30615.00
Dow Jones index is under the bearish pressure after the price broke...
German inflation awakens European hawks by helping the Euro
Producer inflation continues to accelerate as it reached a 33.5% y/y in April, setting another record for the indicator. Prices added 2.8% last month...
Has the dollar index reversed to a decline?
The dollar in the foreign exchange market is correcting some of the gains of the past three months. The dollar index has retreated below...
Bitcoin entrenched at $30K
Bitcoin fluctuates around $30K and has crossed that line daily in one way or another over the past 12 days. A 3.5% increase in...
AUDCHF Wave Analysis – 19 May, 2022
• AUDCHF reversed from support area• Likely to rise to resistance level 0.6900
AUDCHF today reversed up from the support area lying at the intersection...
Intensified rotation in the US labour market
The US labour market is becoming increasingly tight, but at the same time, the rate of job alternation is increasing steadily.
The latest weekly data...
US market nears peak panic
The US market crashed significantly in Wednesday’s trading, with echoes of the fall reverberating across Asian exchanges on Thursday morning. The US S&P500 is...
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