Australian Dollar may stabilize gradually
US Dollar Outlook A string of interview with Federal Reserve members in the past two weeks suggest that interest rate hike is imminent. Last Friday, Federal Reserve Chair Janet Yellen also confirmed that the Fed should…
$CADJPY Short-term Elliott Wave Analysis 5.31.2016
Short term Elliottwave structure suggests that dip to 82.88 on 5/24 ended wave X. Rally from there is unfolding as a double three where wave ((w)) ended at 85.17, wave…
$USDPLN Short and Medium Term Outlook
In this article, we are going to analyze the fundamental and technical background of $USD/PLN (U.S. Dollar against Polish Zloty) to determine the short term and medium term path of the…
New Zealand Dollar Outlook in Q2 2016
In the last Monetary Policy Statement (MPS) in March, Reserve Bank of New Zealand (RBNZ) is not happy with the currency's continued appreciation. They cited the New Zealand Dollar trade-weighted exchange rate is more…
Australian Dollar Outlook after RBA cut
Reserve Bank of Australia (RBA) made a surprise cut of 25 bps earlier today, taking the interest rate to a record low of 1.75%. Before the meeting, analysts have put the probability…
BOJ’s inaction may mean stronger Yen
Bank of Japan (BOJ) did not take any further easing action on Thursday (April 28) monetary policy meeting, sending Yen soaring more than 3% against the U.S. dollar and Nikkei tumbling 3.6%. Coming…
CADJPY Short-term Elliott Wave Analysis 4.27.2016
Short term Elliottwave structure suggests that cycle from 4/7 low (81.7) remains alive as a triple three where wave W ended at 85.7 on 4/13, wave X ended at 83.07 on 4/18, wave…
CADJPY Short-term Elliott Wave Analysis 4.26.2016
Short term Elliottwave structure suggests that cycle from 4/7 low remains in progress as a triple three where wave W ended at 85.7 (4/13 high), wave X ended at 83.07 (4/18…
USDJPY Short-term Elliott Wave Analysis 4.22.2016
Short term Elliottwave structure suggests dip to 107.73 ended wave X. Rally from there is unfolding as a double three structure where wave ((w)) flat ended at 109.48, wave ((x)) pullback…
