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$GBPAUD Short-term Elliott Wave Analysis 7.22.2016
Read MoreShort term Elliottwave structure suggests rally from 7/11 low is unfolding as a double correction where wave W ended at 1.763 and wave X pullback ended at 1.731. From there, pair resumes rally where wave ((w)) ended at 1.777 and while pair stays below there in the near term, pair has scope to do another leg lower in (y) […]
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$GBPAUD Short-term Elliott Wave Analysis 7.21.2016
Read MoreShort term Elliottwave structure suggests rally from 7/11 low is unfolding as a double correction where wave W ended at 1.763 and wave X pullback ended at 1.731. From there, pair resumes rally where wave ((w)) ended at 1.777 and wave ((x)) pullback is currently in progress in 3, 7, or 11 swing to correct the rally from 1.731 before […]
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Yen weakness may be temporary
Read MoreDefying many market participants that anticipate a fallout after the unexpected Brexit vote, many risk assets including stock markets and Yen pairs continue to show strength after a few days of pullback. U.S. Indices prove to be resilient and continue to make new all-time highs. The turning point in the sentiment seems to be right after Japanese Prime Minister Shinzo Abe won […]
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$HG_F (Copper) Live Trading Room – Trade Recap
Read MoreHere is a short clip from our Live Trading Room at July 14. Take a look at how we manage the trade and risk by using inflection zones and Elliot Wave to your advantage. The Live Trading Room is held daily at 7:00 AM EST , join us there for more insight into these proven methods of trading. With […]
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$CADJPY Short-term Elliott Wave Analysis 7.20.2016
Read MoreShort term Elliottwave structure suggests rally to 82.53 ended wave (W). Decline from there is unfolding as a double correction where wave ((w)) ended at 80.67 and wave ((x)) ended at 82.15. While pair stays below 82.15, and more importantly as far as 82.53 pivot stays intact, expect pair to resume lower. Initial target lower for wave […]
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$GBPNZD Short-term Elliott Wave Analysis 7.19.2016
Read MoreShort term Elliottwave structure suggests cycle from 7/9 low is unfolding as a double three where wave W ended at 1.884 and wave X ended at 1.839. Rally from 1.839 is in progress as a double three where wave ((w)) is expected to complete at 1.894 – 1.9026 area, then it should pullback in wave ((x)) […]