AUDUSD Elliott Wave View: Right Side Calling Lower
AUDUSD short-term Elliott wave view suggests that the bounce to 0.7384 high ended intermediate wave (X) bounce. Down from there, the pair has broken to new lows already confirming the…
GBPUSD Elliott Wave Analysis: Calling Further Upside
GBPUSD short-term Elliott Wave analysis suggests that the rally from 8/15/2018 low at 1.2660Â to 1.3042 high ended Minor wave 1. The internals of that rally higher took place in…
Trade War Concern May Continue to Pressure Australian Dollar
Last Friday Australian Dollar dipped to a two-and-a-half-year low after it broke blow 71 US cents due to a rising US Dollar and escalation in US-China trade wars. The last…
USDMXN Elliott Wave Analysis: Showing The Classic 5 Waves Pattern
The Elliott Wave Theory, as many traders know, was developed in the 1930' and the main pattern is the 5 waves structure followed by 3 waves pullback. The Theory was developed based…
EURJPY Elliott Wave View: Ended 5 Waves Advance
EURJPY short-term Elliott wave view suggests that the decline to 124.87 low ended intermediate wave (2) pullback of a leading diagonal structure from 5/29/2018 cycle. Above from there, the rally…
Market Participants Betting on Nafta Deal between US and Canada
The Canadian Dollar strengthened to a two month high against US Dollar earlier this week. Market participants seem to bet on possible inclusion of Canada in a new Nafta pact.…
NZDUSD Elliott Wave Analysis: Double Correction Taking Place
NZDUSD short-term elliott wave analysis suggests that the decline to 0.6543 low ended Minor wave 1. The internals of that decline unfolded as impulse structure with lesser degree Minute wave…
AUDUSD Elliott Wave View: Downside Pressure Remains
Elliott Wave view on AUDUSD suggests that the decline to 0.7199 ended Intermediate wave (W). Intermediate wave (X) rally appears complete at 0.7382. The internal of Intermediate wave (X) unfolded…
AUDNZD Elliott Wave View: Further Downside Expected
AUDNZD Short-term Elliott Wave view suggests that the rally to 1.1066 ended Minor wave X. The internal subdivision of Minor wave X is unfolding as a zigzag Elliott Wave structure…