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The U.S. Dollar is sharply higher against a basket of major currencies at the mid-session on Friday, following a similar move in U.S. Treasury yields, after jobs data came in much hotter than expected. Nonfarm payrolls increased by 517,000 for January, notably above the 187,000 additions estimated by Dow Jones. Additionally, the unemployment rate fell to 3.4%,...

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reaction to the short-term 50% level at .6893 is likely to determine the direction of the AUDUSD on Monday. Bearish Scenario A sustained move under .6893 will signal the presence of sellers. This could trigger a further break into a pair of minor pivots at .6872 and .6860. The latter is a potential trigger point for an acceleration to the downside with .6760 the...

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please see big picture .breaking or holding of two trendline below the price is crucial .

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The markets are being underpinned by optimism over the reopening of China’s borders, which may lead to increased demand for energy products. However, gains are being limited as traders await clarity on the Federal Reserve’s plans for rate hikes, which also will have an impact on the economy and fuel demand. A bearish factor for crude was today's action by the...

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Trader reaction to the short-term 50% level at $77.77 will determine the direction of April WTI crude oil into the close on Tuesday. Bullish Scenario A sustained move over $77.77 will indicate the presence of buyers. Taking out the minor top at $78.28 will indicate the buying is getting stronger with the resistance cluster at $79.76 – $80.01 the next likely...

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On February 7, traders focused on Fed Chair Powell’s comments on the monetary policy at The Economic Club of Washington. Powell noted that the disinflationary process had begun, but there was a long way to go before Fed’s inflation target would be reached. Importantly, Powell stated that Fed would not change its 2% inflation target, which remained the global...

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Daily March WTI Crude Oil Technical Analysis The main trend is up according to the daily swing chart. However, momentum is trending lower. A trade through $82.66 will reaffirm the uptrend. A move through $72.74 will change the main trend to down. The minor trend is down. This is controlling the momentum. A trade through $79.73 will change the minor trend to...

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harmonic pattern and wolfe wave combination giving a nice confluence with divergence on RSI with target @125 please see what would come out and share your comments see previous analysis

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please see big picture as below we are analyzing using wolfe wave and ichimikou please share your comments tnx

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index is reacting to ema200 and channel uptrend line confirming uptrend move for target at least to 37203 which is coincides with fibo levels depicted on the chart and last top . please share you comments and like tnx

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another head and shoulder pattern is seen on four hour time frame which is against its similar head and shoulder pattern in daily time frame as depicted in my below analysis if this pattern confirmed downward move toward 76$ is probable . please see my previous analysis The West Texas Intermediate Crude Oil market initially rallied during the day on Friday but...

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gold is made a double bottom and we are expecting to go higher after bouncing from ema200 . after the GDP, Initial Claims and Durable Goods were released, both Treasury yields and stocks rose. These reactions strengthen the case for the Fed to maintain its hawkish stance in coming months as it seeks to cool inflation with interest rates that officials have...

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we are taking sell position on usdchf on 15 min chart.we are taking this position based on arrangement of ks and ts entry:0.91977 target :0.91679 RR:2.7 please like if you interested in

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we have a sell position on gold our analysis is based on classic chart pattern of double top and ichimikou arrangement of tk and ks entry:1941 tp:1929.33 RR:2.4

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hello traders .we are taking a short position according to wave analysis and ichimikou arrangement position :sell entry:17.11990 TP:17 RR:2.6

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oil is making a head and shoulder pattern and rallied due to USD weakness .keep an eye on the neckline to know whether upside move is happening or not. see my DXY analysis as may help.DXY will make a short rally which could be a bearish factor for WTI for a while fundamental view: The U.S. Dollar is trading at a seven-month low against a basket of major...

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please see chart on daily time frame we may have seen a head and shoulder pattern is underway to be completing or we may face with fifth wave of an impulsive wave to be complete. green line breaking will specify which scenario will happen if green line breaks stock will rise to 500-600 $ and then go to 25$ if green line holds ,head and shoulder completed and...

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we are expecting Aussie to go further up toward its targets @1.098 or even 1.12 before heading south . our analysis is based on wave analysis as we are in a corrective wave and B leg of an ABC and also ichimikou overlapped ks and ts. please comment if you like and like if you are interested .