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Last week, the US general election took place. The whole world was in the edge about the results. Many headlines have happened since November 3rd. We have been waiting for four days until finding a result that the current president still does not accept. Traders have been at the edge and stay in front of […]
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FTSE Short Term Elliott Wave Update 12.4.2015
Read MoreRevised short term reading of the Elliott Wave cycle suggests the decline from 10/23 peak at 6488.18 is unfolding as a double three where wave (W) ended at 6079.8, wave (X) ended at 6447.34, and wave (Y) is in progress. Internal of wave (Y) is also in a double three where wave W is expected to complete at 6206.4 […]
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$GBPUSD Elliott wave forecast and Services PMI
Read MoreServices PMI December 3 at 9:30 AM GMT/ UK Time PMI (Purchasing Managers’ Index ) is one of the leading indicators of economic health and this announcment could bring some volatility in the GBP pairs on Thursday. Many retail traders will be looking the announcment at 9:30 AM GMT/ UK Time. As we know so […]
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FTSE Short Term Elliott Wave Update 12.3.2015
Read MoreShort 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, […]
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ECB Rate Decision and EURUSD
Read MoreECB 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 […]