Sunset Market Commentary

Markets Payrolls have arrived. Net job creation in the US amounted to 206k in June. While slightly topping the 190k estimate, it came with a significant downward revision for the previous two months (-111k). In addition, about a third of June’s jobs came on the account of the government (+70k). That same government was also […]

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Pound About to Change Its Course

22/04/2024

GBPUSD Wave Analysis

GBPUSD broke key support level 1.2535 Likely to fall to support level 1.2335 GBPUSD currency pair continues to fall strongly after breaking the key support level 1.2535, which has been steadily reversing the price from December. The breakout of the support level 1.2535 coincided with true breakout of the 38.2% Fibonacci correction of the previous […]

05/09/2024

WTI Crude Oil Wave Analysis

WTI crude oil broke key support level 71.40 Likely to fall to support level 68.00 WTI crude oil recently broke sharply below the key support level 71.40 (which has been repeatedly reversing the price from the start of February). The breakout of the support level 71.40 accelerated the active impulse wave c of the medium-term […]

04/12/2023