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AUDUSD Short Term Elliott Wave Analysis 10.17
Read MoreAUDUSD Short term Elliott Wave analysis suggests decline to 0.7731 ended Primary wave ((W)) on 10/6 low. Bounce in Primary wave ((X)) is proposed to be unfolding as a double three Elliott Wave structure. Intermediate wave (W) of ((X)) ended at 0.7897 and Intermediate wave (X) of ((X)) pullback is in progress as a zigzag Elliott Wave structure. […]
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Rate Hike Expectation May Support Poundsterling
Read MoreIn the aftermath of Brexit vote, Bank of England (BOE) had cut the cost of borrowing to a new record low of 0.25% in order to support the economy. At the same time, Poundsterling slumped against other major currencies due to the economic uncertainty. Sterling is currently worth 14% less against the Euro and 10% […]
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FTSE Intra-day Elliott Wave Analysis
Read MoreFTSE Short term Elliott Wave analysis suggests decline to 7196.58 ended Primary wave ((4)) on 9/15 low. Up from there, rally in Primary wave ((5)) is unfolding as a zigzag Elliott Wave structure. Intermediate wave (A) of this zigzag structure remains in progress as 5 waves impulse where Minor wave 1 ended at 7327.50 and Minor wave 2 ended at […]
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FTSE Short-term Elliott Wave Analysis 10/12
Read MoreFTSE Short term Elliott Wave structure shows Primary wave ((4)) ended at 7196.58 on 9/15 low. Rally in Primary wave ((5)) up from there has internal subdivision of a zigzag Elliott Wave structure. Intermediate wave (A) of this zigzag structure is in progress as 5 waves impulse where rally to 7327.50 ended Minor wave 1 and bounce to 7289.75 ended […]
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FTSE Elliott Wave Analysis 10.11.2017
Read MoreFTSE Short term Elliott Wave analysis suggests the decline to 7196.58 on 9/15 low ended Primary wave ((4)). The Index is currently within Primary wave ((5)) which is subdivided as a zigzag Elliott Wave structure. The first leg Intermediate wave (A) of this zigzag is in progress as 5 waves impulse where Minor wave 1 ended at 7327.50 […]
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NZDUSD Short-term Elliott Wave Analysis
Read MoreNZDUSD Short term Elliott Wave view suggests the decline from 9/20 peak remains in progress a zigzag Elliott Wave structure. Down from 9/20 high (0.7434), pair ended Minor wave A at 0.7165. Subdivision of Minor wave A unfolded as 5 waves impulse where Minute wave ((i)) of A ended at 0.7276 and bounce to 0.7362 ended Minute […]