A lot has been said and written about both the Democrat and Republican economic plans for a better economy. We believe in free enterprise and limited regulation, allowing humans to create and expand at their own will for the better but there is a vast difference between the two parties regarding the economic agenda. Most […]
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$AUDJPY Short-term Elliott Wave Analysis 9.23.2016
Read MoreShort term Elliott wave count suggests that rally to 79.13 ended wave X. Decline from there is unfolding as a double three where wave ((w)) ended at 75.95 and wave ((x)) bounce is in progress as a double three towards 77.77 – 78.15 area before the decline resumes. As far as pivot at 79.16 stays intact in the […]
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$AUDJPY Short-term Elliott Wave Analysis 9.22.2016
Read MoreShort term Elliott wave count suggests that rally to 79.13 ended wave X. Decline from there is unfolding as a double three where wave ((w)) ended at 75.95 and wave ((x)) bounce is proposed complete at 77.53. While bounces stay below there, and more importantly below 79.13, expect the pair to extend lower towards 73.6 – 74.35 area. […]
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USD strength is likely limited into FOMC meeting
Read MoreThe latest US Consumer prices number last Friday rose by 1.1 percent year-on-year in August 2016, which is above the market consensus of a 1% rise. This number is the biggest inflation figure in 4 months. Annual core inflation, excluding food and energy, rose to 2.3%, also above market expectation of 2.2%. Although both numbers beat expectation, […]
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$AUDJPY Short-term Elliott Wave Analysis 9.21.2016
Read MoreShort term Elliott wave count suggests that rally to 79.12 ended wave X. Decline from there is unfolding as a double three where wave ((w)) ended at 75.95 and wave ((x)) bounce is currently in progress to correct the cycle from 9/6 (79.13) peak towards 77.6 – 78 area before the decline resumes. As far as pivot at 79.13 […]