ECB Rate Decision, Monetary Policy Statement and Press Conference due for Thursday the 3rd of December at 12:45 UTC and 13:30 UTC Time respectively. Markets expects ECB will act with additional QE tomorrow, yet unknown how Dovish ECB President Draghi will sound during the Press Conference after today’s weak inflation reading as indicated via the […]

Short term reading of the Elliott Wave cycle suggests the rally from  wave (4) low at 6079.8 is unfolding in a double three structure where wave W ended at 6366.8, wave X ended at 6221.04, and wave Y is in progress. Internal of wave Y is unfolding also in a double three where wave ((w)) ended at 6395.3, […]

Short term reading of the Elliott Wave cycle suggests the rally from  wave (4) low at 6079.8 is unfolding in a double three structure where wave W ended at 6366.8, wave X ended at 6221.04, and wave Y is in progress. Internal of wave Y is unfolding also in a double three where wave ((w)) ended at 6395.3 […]

– RBA Rate Decision (Dec 1): 10:30 PM EST / 3:30 PM GMT  Australia’s Reserve Bank is due to interest Rate Decision in few hours and while Market anticipates official cash rate to hold stable at 2.00%, Traders will be looking for the Statement Release scheduled at 03:30 UTC Time, concerning the RBA’s monetary policy and […]