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In focus today This morning we will get the National Accounts for Q4 2023 in Denmark. We expect the numbers to show a sharp rebound in GDP growth to 1.0% q/q in Q4 after the 0.7% decline in Q3. Both the decline and the rebound are driven by industrial production which again is primarily driven […]

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15/08/2024

NZD/USD Looking for a Bigger Recovery

Looking at the 4-hour time frame of the Kiwi with ticker NZDUSD, we can see a strong rebound after a completed final subwave “v” of C of (C), as Zealand beat jobs data, so seems like a new three-wave A-B-C rally can be in play within higher degree wave (D) that can recover the price […]
24/07/2024

EURUSD Wave Analysis

EURUSD reversed from resistance area Likely to fall to support level 1.0800 EURUSD currency pair recently reversed down from the resistance area set between the multi-month resistance level 1.0920 (which has been reversing the price from the start of this year), upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward wave B […]
20/08/2024

Jackson Hole Economic Symposium: Must-Watch Market Event

The Jackson Hole Economic Symposium is a significant event in the financial world, with a long history that dates back to 1982. It attracts central bankers, policymakers, academics, and journalists from around the globe. Held annually at Jackson Lake Lodge in Grand Teton National Park, Wyoming, the symposium is a crucial platform for discussing global […]