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The GBPUSD decline has also failed to accelerate as price has traded sideways for the last week. A former short term resistance line has served as support thus far and 15250 would be additional support. Above 15600 ...
Germany’s labor market is expected to improve for the fourteenth month in August as businesses increase production and employment, and the data could lead the EUR/USD to retrace the decline from earlier this month as ...
I wrote yesterday that a drop “a drop below 13120 would confirm as much (a top)” and that “structurally, the rally counts as a double zigzag (complex) correction and could be complete.” What’s more, the decline ...
Two 3 wave rallies have unfolded from 8062 so weakness is likely over the near term. The rally channels in a corrective manner as well. The structure of the decline will indicate whether or not an important top is in ...
I was out of the office and away away from the market for far longer than I was comfortable with. Knowing that I would have limited access to the markets, I still retained a number of positions that were carry overs. Yet ...
The US Dollar has broken key technical support, opening the door for a further 2 percent decline. Meanwhile, stocks continue to stall, signaling a potential double top and hinting that the link between risk ...