Chinese Yuan Looking For Further Weakness Against US Dollar
The Yuan (CNY) is the basic unit of the Renminbi which represents the official currency of the People's Republic of China. The ongoing trade war between China and United States is affecting the economy…
AUDJPY Elliott Wave View: Forecasting The Decline
In this technical blog, we are going to take a look at the past performance of AUDJPY 1-Hour Elliott wave Charts that we presented to our members. In which, the…
CADJPY Found Sellers In Blue Box And Declined
Hello fellow traders. In this technical blog we’re going to take a quick look at the charts of CADJPY published in members area of the website. As our members know,…
Elliott Wave View: Downside Pressure in USDJPY
Short Term Elliott Wave is calling for an impulsive move in USDJPY from April 25, 2019 peak. Down from 112.4, wave ((i)) ended at 111.36 and wave ((ii)) ended at…
Elliott Wave Analysis: Trading GBPAUD with Right Side System
In this blog, I want to share with you some Elliott Wave charts of GBPAUD which we presented to our members. In the chart below You see the 4-hour updated chart presented to…
Elliott Wave View: Further Weakness in GBPJPY
Short Term Elliott Wave view on GBPJPY suggests that further downside is expected. On the chart below, wave ((iii)) ended at 143.74 and wave ((iv)) bounce ended at 146.51. Pair…
Elliott Wave View Expecting AUDJPY to Extend Lower
AUDJPY shows an incomplete Elliott Wave sequence from April 17, 2019 high, favoring more downside. The 100% target can reach as low as 75.7 - 76.3. In the chart below,…
Elliott Wave View: Bitcoin Extending Higher in Wave 5
Rally in Bitcoin from December 15, 2018 appears to take the form of an impulse Elliott Wave structure. In the 1 hour chart below, we can see wave (3) of…
The Federal Reserve On Hold Despite Pressure to Cut
Summary The Federal Reserve shows no bias to hike nor cut interest rate. Fed Chairman Jerome Powell believes subdued inflation is "transitory". U.S. stocks fell and the Dollar strengthens as…
