This is a an Elliottwave Analysis video on $NZDCAD. Short term, the pair still has scope to extend lower to 0.8387 – 0.86517 area to end the cycle from 12/29/2015 peak, then pair should bounce in wave (X) to correct the decline from 0.958 before pair turns lower again. If you enjoy this video, feel free to browse […]

Short term Elliottwave structure suggests wave “b” is proposed over at 18173.54. Decline from there is unfolding as a double three structure where wave (W) ended at 17580.38 and wave (X) bounce ended at 17934.61. Near term, while wave ((x)) bounce stays below 17934.61, and more importantly as far as pivot at 18173.54 stays intact, expect the Index […]

In this article, we are going to analyze the fundamental and technical background of $USD/PLN (U.S. Dollar against Polish Zloty) to determine the short term and medium term path of the pair. From the U.S side, U.S. economy has slowed down in 2016. Most of the recent economic data coming out from U.S. has missed out […]

Short term Elliottwave structure suggests wave “b” is proposed over at 18173.54. Decline from there is unfolding as a double three structure where wave (W) ended at 17580.38 and wave (X) bounce ended at 17934.61. Near term, while wave (x) bounce stays below 17934.61, and more importantly as far as pivot at 18173.54 stays intact, expect the Index […]

Short term Elliottwave structure suggests wave “b” is proposed over at 18173.54. Decline from there is unfolding in a zigzag where wave (A) ended at 17580.38 as 5 waves diagonal. Wave (B) bounce is in progress to correct decline from 18173.54. Wave (B) bounce has enough swing and extension to call it completed although a marginal high still can’t […]

Short term Elliottwave structure suggests wave “b” is proposed over at 18173.54. Decline from there is unfolding in a zigzag where wave (A) ended at 17580.38 as 5 waves diagonal. Near term, while wave B pullback stays above 17580.38, Index has scope to do another leg higher in wave C of (B) towards 17872.98 – 18028.26 […]