EURAUD Short-term Elliott Wave Analysis 10.18.2016
Best reading of Elliott wave cycles suggests EURAUD is in a triple three Elliott wave structure from 10/6 (1.4779) high. While below 1.4353 and more importantly below 1.4477 high, pair has scope…
$NZDUSD Elliott Waves forecasting the decline
At the begining of September 2016 $NZDUSD reached daily extreme area at 0.7389-0.7557 and our view was suggesting potential pull back in 3 waves against the January 20th low at…
$GBPNZD: Calling lower based on Elliott Wave Swing Sequence
In this technical blog we are going to take a quick look at $GBPNZD 4 hour chart from October 4th 2016. Pair from July 21 2016 peak was following a…
$FTSE Short-term Elliott Wave Analysis 10.7.2016
Short term Elliott wave count suggests that pullback to 6640.3 at 9/15 ended wave (X). The rally from there is unfolding as a double three where wave (w) ended at 6899.5, wave…
Fear of Hard Brexit and Poundsterling
Since the Brexit vote in June, Poundsterling has fallen 13% against the U.S. dollar and it is now worth 22% less than a year ago. Today the pound worths around…
US Dollar outlook post FOMC
The Federal Reserve once again pushed back plans to raise interest rates at the September meeting, a widely expected after a series of mixed economic reports and various signals Fed…
How to use cross pairs to get an edge in Trading
Many traders are of the mind set that they should follow only one or a very few instruments and therefore, you would come across many traders who trade just EURUSD,…
$AUDJPY Short-term Elliott Wave Analysis 9.23.2016
Short term Elliott wave count suggests that rally to 79.13 ended wave X. Decline from there is unfolding as a double three where wave ((w)) ended at 75.95 and wave ((x)) bounce…
$AUDJPY Short-term Elliott Wave Analysis 9.22.2016
Short term Elliott wave count suggests that rally to 79.13 ended wave X. Decline from there is unfolding as a double three where wave ((w)) ended at 75.95 and wave ((x)) bounce…
