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We have seen a nice move up on oil last week, up more than 15% which was the biggest weekly gain since the 2011 following the OPEC deal to cut crude output.
The pair continues to seek for recovery though closing marginally higher on Friday.
Looks to have bottomed
RBA & BOC. Triple Witching approaches. Firearms stocks.
Swiss Franc (March 2017)
NEW YORK (AP) — Investors made a small move back to safer assets Friday afternoon after the government's November jobs report showed continued hiring, but weak wages.
The month of December is full of anticipation with the Presidential elect Donald Trump disclosing his vision for the direction of the US economy and the up and coming Fed meeting. The expectations...
Bonds Bounce; Canadian Dollar Could Rise
Trump trade is running out of momentum and with it, gold looks like it might be overdone to the downside.
Chart structure is improving
Prices fell after the on balance weaker than expected U.S. employment numbers were released.
LONDON (AP) — More solid U.S. jobs data on Friday did little to alter the cautious mood in global stock markets as investors braced for Italy's referendum on constitutional reform over the weekend and...
Trading success does not follow a linear trajectory, success ebbs and flows with good times and bad times. If you trade for long enough you there eventually w
A strong rally on USDJPY suggests that market is in bigger and more complex recovery which can be wave B of a higher degree as shown on a daily chart.
$USDNOK can see more downside to 8.304 - 8.35 area before pair resumes higher
HONG KONG (AP) — Asian stocks slipped and oil's rally fizzled Friday as wary investors awaited U.S. jobs data and Italy's referendum on constitutional reform.
With the commodity rallying for two days in a row, more price extension is likely in the days ahead.
I believe March 2017 Cotton futures will rally to 75.
Elliott Wave intraday analysis on EURUSD.