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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CADJPY Short Term Elliott Wave Analysis 12.22.2015
Read MoreShort term Elliott Wave cycle suggests decline to 86.35 ended wave 3. From this level, pair has started wave 4 bounce in 3 swing and ideally reach 87.6 – 88 area before the decline resumes. As far as wave ((iv)) pivot at 88.9 stays intact, pair is expected to resume lower once wave 4 bounce is complete. […]
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$GBPUSD Technical outlook and News Events on 12.16.2015
Read MoreWe have 2 important news events for British Pound on Wednesday 12.16.2015 -Average Earnings Index at 9:30 AM GMT (UK Time) -Claimant Count Change at 9:30 AM GMT (UK Time) Both news events could bring some volatility into GBP pairs on Wednesday morning, however $GBPUSD will be more affected by the $USDX reaction on the FOMC events at evening […]
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Into the FOMC Event
Read MoreWednesday the 16th of December at 17:00 UTC, the Federal Open Market Committee – FOMC is to announce decision on Fed Interest Rates and few minutes later to proceed with a press conference from FED’s Chair Mrs. Janet Yellen. While hike Expectations are currently holding at 90% in favor, it is to be seen if […]
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ASX All Ordinary Short Term Elliott Wave Analysis 12.17.2015
Read MoreShort term Elliott Wave cycle suggests rally to 5420 on 10/23 ended wave “x”. From this level, Index has turned lower in wave ((W)) with the internal unfolding as a triple three structure where wave (W) ended at 5041 and wave (X) ended at 5334, wave (Y) ended at 4963, and second wave (X) bounce is […]