Short term Elliottwave structure suggests decline to 78.93 at 1/20 ended wave ((W)). From this level, wave ((X)) bounce is unfolding in a double three structure where wave (W) ended at 84.12, wave (X)…

We argued in our article on Dec 30, 2015 titled Will Euro Referendum and Brexit affect GBP that Poundsterling can perform poorly in 2016 due to the domestic and political uncertainty surrounding U.K's membership in the…

The Bank of Japan (BOJ) will have a meeting this week on Friday, Jan 29 to decide on monetary policy and they are going to have a tough decision to make. Having introduced…

Revised short term Elliott Wave cycle suggests cycle from 12/18 peak has ended with with (Y) at 115.96.  From this level, pair has bounced in 3 swings so far. Wave W is…

Short term Elliott Wave cycle suggests decline from wave X at 118.38 is unfolding in a double three structure where wave ((w)) ended at 115.96 and wave ((x)) bounce is proposed complete…

Short term Elliott Wave cycle suggests cycle from 12/4 peak at 134.58 remains alive as a double three where wave (W) ended at 127 and wave (X) bounce is in progress as…

Short term Elliott Wave cycle suggests cycle from 12/4 peak at 134.58 remains alive as a double three where wave (W) ended at 127 and wave (X) bounce is in progress as…

The combination of commodity selloff, prospect for more U.S. Dollar interest rate hikes, and Emerging Market capital outflow has put pressure in risky assets to start 2016. In this environment,…

Short term Elliott Wave cycle suggests rally from wave (X) low at 1.38 is unfolding in a double three structure where wave W ended at 1.417, wave X ended at 1.406,…