Brent Crude Oil Wave Analysis

USDJPY reversed from support zone Likely to rise to resistance level 155.65 USDJPY currency pair recently reversed up from the support zone lying between the strong support level 152.00 (former multi-month high from November) and the 38.2% Fibonacci correction of the upward impulse from December. The upward reversal from the support level 152.00 stopped the […]

BTCUSD rallies and hits new 21-month high RSI and MACD detect positive momentum Bearish reversal to be considered upon dip below $41,200 BTCUSD surged yesterday, breaking back above $45,000 and hitting a new 21-month high at $47,282. It seems that the euphoria around the potential approval of a spot-Bitcoin ETF by the Securities and Exchange […]

Today, the ECB decided to leave policy rates unchanged as unanimously expected. A rate cut looks set to come in June, subject to further confidence on the three criteria that have guided ECB policy making through the past year. The next to no new policy signals left markets largely unchanged. Limited new signals The ECB […]