Wall Street suffered losses at the end of Wednesday’s session as the crisis in Eastern Europe and its global economic consequences continued to hurt the market climate. The United States has accused Russia of war crimes and revealed another round of sanctions against Moscow this week, ostensibly to heed Zelensky’s call for more pressure on […]

USOIL suggests the development of a global upward impulse a pf the cycle degree that consists of primary sub-waves ①-②-③-④-⑤. After the end of the primary correction ④, which took the form of a double zigzag, we saw a price reversal and growth in an impulse. Most likely, the final part of the primary fifth […]

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EURUSD struggles over recession risk The euro treads water as talks of recession simmer. The pair found support following the ECB’s pledge to reduce its stimulus, paving the way for an interest rate hike before the end of the year. However, sentiment remains cautious due to Ukraine war developments. Hints of progress in peace talks […]

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EURUSD bounces back The euro rallies on news that the EU may issue a joint bond to fund energy and defense. The pair found bids near May 2020’s lows (1.0810). An oversold RSI on the daily chart prompted sellers to take profit, easing the downward pressure. A rally above the immediate resistance at 1.0940 and […]

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