0
Intraday Market Analysis – USD Rally Accelerates
EURUSD seeks support The US dollar surged after May’s inflation beat expectations. The previous rebound’s failure to clear the supply area around...
Posted On 13 Jun 2022
LATEST ARTICLES
By
//Orbex
Intraday Market Analysis – USD Bounces Back
USDCHF breaks resistance The US dollar recovered in anticipation of consumer price data on Friday. Medium-term sentiment remains upbeat and a...
Posted On 09 Jun 2022
SPX500 Primary Impulse Reaches 5000
The current chart of the SPX500 index shows the development of a major impulse trend. It is assumed that the primary wave ③, which is part of the...
Posted On 25 May 2022
Intraday Market Analysis – CHF Gains Momentum
USDCHF struggles for bids The Swiss franc rallied further after the SNB said it would tighten if inflation persisted. The pair has given up more...
Posted On 25 May 2022
Intraday Market Analysis – WTI Hits Resistance
USDCAD attempts to rebound The Canadian dollar softened after a slowdown in April’s CPI growth. The US dollar is seeking support after it broke...
Posted On 19 May 2022
Australia Employment Data, And Election Outlook
At their last meeting, the RBA caught most economists by surprise, raising interest rates by 25bps to an unusual level of 0.35%. Most analysts...
Posted On 18 May 2022
AMZN Primary Impulse Wave Ⓐ Falls Below 2000
AMAZON shares show the formation of a zigzag consisting of sub-waves a-b-c of the cycle degree. In the last section of the chart, we see a...
Posted On 18 May 2022
Intraday Market Analysis – Gold Attempts To Rebound
GBPUSD tests daily resistance The pound surged after the UK saw a jump in average earnings over the past three months. Solid bullish momentum...
Posted On 18 May 2022
XAGUSD Triple Zigzag Ends Below $20
The XAGUSD pair hints at the development of a long correction wave b of the cycle degree. Wave b, judging by the shape, is a primary triple...
Posted On 17 May 2022
Intraday Market Analysis – USD Consolidates Gains
EURUSD goes sideways The euro edged higher after an ECB official supported the idea of a stronger currency to combat inflation. The pair is...
Posted On 17 May 2022
USDCAD Intermediate Correction To End Near 1.341
The USDCAD structure indicates the construction of a large correction wave IV. This is part of a global cycle impulse and consists of sub-wav...
Posted On 16 May 2022
Intraday Market Analysis – USD Hold Onto Recent Gains
USDCHF grinds higher The US dollar consolidates its gains as traders ponder whether inflation has peaked. A close above the parity, last seen in...
Posted On 16 May 2022
The Inflation-Yield Connection And Its Impact On Forex Markets
This week we had a bit of a worrying sign in the markets that has gone largely unnoticed in the major financial news outlets. The yield on the...
Posted On 13 May 2022
DXY Triple Zigzag Hints At Major Correction
The structure of the DXY index hints at the development of a large triple zigzag w-x-y-x-z of the cycle degree. At the time of writing, a cyclic...
Posted On 13 May 2022
Intraday Market Analysis – USD Retains Upper Hand
GBPUSD to reach 2-year lows The pound remained under pressure after a slowdown in the UK’s GDP growth in Q1. A break below the lower range...
Posted On 13 May 2022
Can A Recovery In US Consumption Be Expected?
The latest data from the US has been giving some mixed signals about the underlying conditions. That has increased the uncertainty about what the...
Posted On 12 May 2022
GBPJPY Bullish Impulse Or Double Zigzag?
GBPJPY seems to be forming a large corrective trend, taking the form of a triple zigzag. On the 1H timeframe, the final actionary wave z of the...
Posted On 12 May 2022
Intraday Market Analysis – Gold Strives To Snap Back
AUDUSD saw brief recovery The Australian dollar struggles as Beijing vows to support its Covid-hit economy. A drop below the psychological level...
Posted On 12 May 2022
USOIL Ending Diagonal To Complete Intermediate Impulse
USOIL shows the development of the final part of the global impulse wave of the cycle degree. The final primary wave ⑤ takes the form of an...
Posted On 11 May 2022
Intraday Market Analysis – USD Consolidates Gains
USDJPY goes sideways The US dollar retreated as traders took profit ahead of inflation data. The pair has been struggling to hold onto its new...
Posted On 11 May 2022
Major April Inflation Rates: China And US
Tomorrow, we get the release of inflation rates from the two largest economies in the world. Both are set to provide differing perspectives on...
Posted On 10 May 2022
AUDUSD Bearish Triple Zigzag Reaches Fresh Lows
The current AUDUSD structure indicates that the market is forming a cycle zigzag a-b-c. This currently includes a bearish correction wave b and...
Posted On 10 May 2022
Intraday Market Analysis – USD Consolidates Gains
USDCHF grinds rising trend line The US dollar continues upward over the interest rate differential. The pair’s steep climb over the past month...
Posted On 10 May 2022
Can German ZEW Turn The Euro Around?
For the last month, the Euro has been getting weaker against its major trading partners. The EURUSD took a particularly strong move lower after...
Posted On 09 May 2022
USDCNH Eyeing 6.920 Following Cycle Correction TECHNICAL ANALYSIS By Roman Onegin On May 9, 2022
The USDCNH formation hints at a zigzag consisting of primary sub-waves Ⓐ-Ⓑ-Ⓒ. The last primary wave Ⓒ of this correction pattern takes the form...
Posted On 09 May 2022
Intraday Market Analysis – USD Keeps Momentum
EURUSD consolidates The US dollar climbed after better-than-expected NFP in April. The euro is licking its wounds after it broke March 2020’s...
Posted On 09 May 2022
BABA Should We Expect A Longer Correction?
The internal structure of BABA shares suggests the formation of a global correction pattern. In fact, this takes the form of a cycle triple...
Posted On 03 May 2022
FOMC Will Raise Rates; What’s Next?
99% of economists agree that the Fed will raise rates by 50 basis points. The remaining 1% say it will be by 75 basis points. With such a strong...
Posted On 03 May 2022
Intraday Market Analysis – USD Seems Overextended
EURUSD sees further downside The euro continues to weaken over growth concerns in the eurozone amid the war in Ukraine. A tentative break below...
Posted On 03 May 2022
Trade The NFP Live! 06-05-2022
Get ready to trade the NFP LIVE with a seasoned analyst! Our resident market strategist David Kindley will be going live to give you exclusive...
Posted On 29 Apr 2022
The Week Ahead – Growing Concerns About Fast Tightening
GBPUSD tumbles amid fears of recession The pound plunges as fears of an economic slowdown in Britain take hold amid a cost of living crisis. The...
Posted On 29 Apr 2022
Why Did Stocks Rise After A Negative US GDP Release?
Yesterday, markets got a bit of a surprise as US Q1 GDP was reported at -1.4% on an annualized basis. This was well below the 1.0% growth...
Posted On 29 Apr 2022
NZDUSD Has A New Bearish Trend Started?
The internal structure of the NZDUSD pair hints at a cycle zigzag pattern that consists of sub-waves a-b-c. On the chart, we see the end of a...
Posted On 29 Apr 2022
Intraday Market Analysis – The Yen Sees Further Downside
USDJPY breaks higher The yen nosedived after the Bank of Japan vowed to keep its interest rates ultra-low. The dollar’s surge above the top range...
Posted On 29 Apr 2022
EU CPI And European Economic Outlook
Tomorrow we get European CPI figures, which usually don’t move the market. That’s because we get each constituent country’s CPI figures earlier,...
Posted On 20 Apr 2022
GBPJPY Impulse Trend Jumps Over 170
In the long term, the GBPJPY pair seems to be forming a large correction trend, taking the form of a triple zigzag. On the 1H timeframe, the...
Posted On 20 Apr 2022
Intraday Market Analysis – USD Continues Upward
EURUSD consolidates post-sell-off The US dollar rallies as a 75bp rate hike by the Fed could be on the table. The single currency remains under...
Posted On 20 Apr 2022
Beginners Guide To Elliott Waves – FREE Live Webinar!
Calling all beginner Forex traders! We’ve put together a comprehensive webinar dedicated to teaching you how to trade the financial markets! Next...
Posted On 19 Apr 2022
Why You Should Pay Attention To Global Bond Yields
For those following central bank policy, the rise of bond yields around the world is imminent. These have a profound impact on financial markets,...
Posted On 19 Apr 2022
USDCAD Intermediate Correction (4) Hits Fresh Highs
The current structure of the USDCAD currency pair indicates the construction of a large correction wave IV. This is part of the global cycle...
Posted On 19 Apr 2022
Intraday Market Analysis – USD Rally Goes On
GBPUSD tests critical floor The US dollar continues upward as markets wager a 50 bp Fed hike next month. The pound’s latest rally came to a halt...
Posted On 19 Apr 2022
Another High For Crude?
All last week, crude prices trended higher after bouncing off the $100/bbl handle. Despite the extended holiday, there has been some interesting...
Posted On 18 Apr 2022
AAPL Ending Diagonal To Complete Simple Zigzag
The internal AAPL structure suggests the development of the primary fifth wave. This takes the form of an ending diagonal (1)-(2)-(3)-(4)-(5) of...
Posted On 18 Apr 2022
Intraday Market Analysis – USD Gains Momentum
USDCHF tests daily resistance The US dollar edged higher as Treasury yields touched a 3-year high. A surge above the supply zone around 0.9370 is...
Posted On 18 Apr 2022
The Week Ahead: Gold Rallies Despite Rate Hikes
USDJPY rallies over widening rate gap The Japanese yen hit a 20-year low against the US dollar as traders buy into a hawkish Fed. Low yield...
Posted On 15 Apr 2022
Earnings Season: Good News For US Stocks?
Earlier this month, the Bank of America’s research department sent a note to clients suggesting that the next month or so could be a bright spot...
Posted On 15 Apr 2022
USDCNH Double Zigzag To End Primary Correction
USDCNH suggests the construction of a large bearish impulse that consists of primary sub-waves ①-②-③-④-⑤. On the current chart, we see a...
Posted On 15 Apr 2022
Intraday Market Analysis – The Euro Breaks Lower
EURUSD breaks key support The euro fell after the ECB insisted that there is no rush to raise interest rates. The price has given up all gains...
Posted On 15 Apr 2022
Australia Vs Russia: The War’s Impact On Commodity Currencies
On Wednesday, China reported its March trade balance data. Normally, it has a minor impact on markets, as it is related primarily to the Asian...
Posted On 14 Apr 2022
AUDUSD Intermediate Impulse Wave (3) Nears Completion
AUDUSD suggests the formation of a large impulse of a cycle degree that consists of primary sub-waves ①-②-③-④-⑤. The current chart shows the...
Posted On 14 Apr 2022
Follow on Stocktwits
Connect
Copyright © 2015 Forex Alchemy. All rights reserved.
Forexalchemy.com is made available as an online source of Foreign exchange trading information and related-materials only. By using ForexAlchemy you acknowledge and understand that we are not soliciting participation in Forex trading. You also acknowledge and agree that there are large potential risks associated with investment and trading activity and that you have accepted such risks before deciding to invest and before deciding to use ForexAlchemy as a source of trading-related information and materials. Please read our full disclaimer and terms of use before using this website:
Disclaimer & Terms of Use Privacy Policy
Forexalchemy.com is made available as an online source of Foreign exchange trading information and related-materials only. By using ForexAlchemy you acknowledge and understand that we are not soliciting participation in Forex trading. You also acknowledge and agree that there are large potential risks associated with investment and trading activity and that you have accepted such risks before deciding to invest and before deciding to use ForexAlchemy as a source of trading-related information and materials. Please read our full disclaimer and terms of use before using this website:
Disclaimer & Terms of Use Privacy Policy