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2019-11-11 • Updated
GBP/USD has been rising steadily inside the minor impulse wave 3, which earlier broke above the key resistance level 1.3110 (which stopped the previous minor impulse wave (i) in the middle of July). The breakout of this resistance level accelerated the active minor impulse 3, which belongs to the primary ABC correction ④ from the middle of January. GBP/USD can be expected to rise toward the next buy target at the next resistance level 1.3300 (target price for the completion of the active impulse 3).
The Crypto market usually also has a rough time in September. Bitcoin lost 12.7% in September 2021, 17.4% in 2020, 17.5% in 2018, 21.4% in 2017 and 45.4% in 2015. The main cryptocurrency increased by 13.3% and 3.95% in 2016 and 2019, respectively.
US100 broke through the strong resistance trendline, following July's inflation numbers on Wednesday, which were less than analysts expected…
Powell wants a soft landing for inflation, as Greenspan did in 1994. But it looks like he will get a hard landing.
In the middle of September 2022, the Canadian dollar has fallen to a 2-year low against the USD
The US dollar index has all chances of reaching the 2000s high of 120.00.
The Consumer Price Index announcement by Statistics Canada is set for release in a few hours will reveal the state of inflation in the Canadian economy
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