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AUDNZD : Scenario for Another Swing Higher
Read MoreAUDNZD has been moving lower since August 24/2015 and it’s possible that the pair has found a temporary bottom at the 1.0446 October 30 low. The pair has since bounced and on November 3/2015 it made a rally to break above the trend line which can possibly be signalling that more Aussie strength against the […]
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EURCAD Short Term Elliott Wave Analysis 11.06.2015
Read MoreShort term Elliott Wave view suggests decline to 1.4439 ended wave (w) and bounce to 1.4668 ended wave (x) as a FLAT. Pair has since resumed in wave (y) lower with the internals unfolding as a triple three, where wave w ended at 1.4374, wave x ended at 1.455, wave y ended at 1.4247, and second […]
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Will NFP help US Dollar break out higher?
Read MoreUS Dollar Bulls: Don’t Run before you Walk! US Dollar has been trending higher since making marginal new lows in the daily chart on 8.24.2015. It is also closing in on 8.7.2015 peak, a break above that and the only hurdle left to break out higher would be 3.13.2015 peak. We keep hearing that FED could […]
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EURCAD Short Term Elliott Wave Analysis 11.05.2015
Read MoreShort term Elliott Wave view suggests decline to 1.4439 ended wave (w) and bounce to 1.4668 ended wave (x) as a FLAT. Pair has since resumed in wave (y) lower with the internals unfolding as a triple three, where wave w ended at 1.4374, wave x ended at 1.455, wave y ended at 1.4247, and second […]