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Fed may not have enough firepower to prevent a recession

President Donald Trump wants the Federal Reserve to help head off a feared economic slowdown, but it’s not clear the central bank has enough firepower left to do so. Besides, s...

Perhaps Bitcoin may become digital gold

Bitcoin’s consistent failure to take several round levels along the path of growth, and then the sideways trend turned into a sell-off. Sellers pushed the Bitcoin down to $9,70...

EURGBP Wave Analysis – 16 August, 2019

EURGBP previously reversed down precisely from the resistance area lying between the multi-year resistance level 0.9300 (which has been reversing the price from 2016) and the upper w...

Platinum Wave Analysis – 16 August, 2019

Platinum recently broke the support area lying between the support level 850.00 (former resistance from June) and the support trendline of the daily down channel from June.

How the Chinese yuan is likely to perform

The trade war between the U.S. and China has dragged on for more than a year, and it’s starting to turn into a brewing currency war, said analysts. The yuan depreciated past 7 ...

Fear boosted retail sales in the U.K. and the U.S.

Asian stock markets grew on Friday morning due to hints of new stimulus from the Chinese government. The Asia Pacific MSCI added 0.2% on Friday morning, while the Shanghai Blue Chip ...

Bit-comment: Bitcoin’s desperate fight for 10K

The bulls are in a desperate fight for the most important threshold and psychological level of $10K. The bull and bear confrontation this time seems particularly fierce. The statisti...

What next for Argentina?

Argentina’s historic market collapse has sparked fears that South America’s second-largest country is on track for yet another default. A stunning result in primary polls...

AUDNZD Wave Analysis – 15 August, 2019

AUDNZD recently reversed up from the support area lying between the support level 1.0450 (former resistance from July) and the upper trendline of the recently broken daily down chann...

Corn Wave Analysis – 15 August, 2019

Corn recently broke sharply below the support area lying between the key support level 387.00, support trendline of the daily down channel from June and the 61.8% Fibonacci correctio...


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