Hello fellow traders.  Another instrument that we have been trading lately is AUDJPY. In this technical blog we’re going to take a quick look at the Elliott Wave charts of…

Australian Dollar extended the decline to its lowest in a decade last week. The slump came after RBNZ (Reserve Bank of New Zealand) delivered a bigger than expected interest rate…

Hello fellow traders. The YEN group has been selling lately across the board and the path has become more clear with the SEKJPY breaking its 2016 lows. We at Elliott…

Last week's tweet by president Trump to slap a new round of tariffs to Chinese goods has sparked risk aversion in the market.  Trump announced that he is imposing an…

NZDJPY plunges as Reserve Bank of New Zealand (RBNZ) cut the interest rate by 50 basis point. The pair already has a bearish sequence prior to the rate decision, and…

Elliott Wave view suggests the decline in EURUSD from June 25 high (1.1412) is in progress as a 5 waves impulse Elliott Wave structure. Wave ((iii)) of this 5 waves can…

Binance Coin (BNB) is cryptocurrency that was issued in July 2017 with Binance ICO and it's used to pay fees on the Binance cryptocurrency exchange. In 2018, the cryptocurrency market saw a significant…

Since Prime Minister Theresa May announced she stepped down from leadership position, the market has started to adjust the expectation for a hard Brexit scenario. Selling pressure on Poundsterling has…

GBPUSD shows a bearish sequence from June 25 high (1.2784) favoring further downside. Near term, the decline from 1.2784 to  1.2438 ended wave ((i)) as an impulsive Elliott Wave structure.…