USDCAD Short-term Elliott Wave Analysis 7.29.2016
Preferred Elliott wave count suggests that move up from 1.2828 low is proposed to be unfolding as a triple three structure where wave ((w)) ended at 1.3139, wave ((x)) ended at…
Expanded Flat forecasting the rally in $USDCAD
Expanded Flat is a 3 wave corrective pattern which could often be seen in the market nowadays. Inner subdivision is labeled as A,B,C , with inner 3,3,5 structure. Waves A…
USDCAD Short-term Elliott Wave Analysis 7.26.2016
Preferred Elliott wave count suggests that move up from 1.2828 low is proposed to be unfolding as a triple three structure. 1.2828 where wave ((w)) ended at 1.3139, wave ((x)) ended…
$GBPAUD Short-term Elliott Wave Analysis 7.22.2016
Short term Elliottwave structure suggests rally from 7/11 low is unfolding as a double correction where wave W ended at 1.763 and wave X pullback ended at 1.731. From there, pair resumes…
$GBPAUD Short-term Elliott Wave Analysis 7.21.2016
Short term Elliottwave structure suggests rally from 7/11 low is unfolding as a double correction where wave W ended at 1.763 and wave X pullback ended at 1.731. From there, pair resumes…
Yen weakness may be temporary
Defying many market participants that anticipate a fallout after the unexpected Brexit vote, many risk assets including stock markets and Yen pairs continue to show strength after a few days of pullback. U.S. Indices prove…
$CADJPY Short-term Elliott Wave Analysis 7.20.2016
Short term Elliottwave structure suggests rally to 82.53 ended wave (W). Decline from there is unfolding as a double correction where wave ((w)) ended at 80.67 and wave ((x)) ended at 82.15.…
$GBPNZD Short-term Elliott Wave Analysis 7.19.2016
Short term Elliottwave structure suggests cycle from 7/9 low is unfolding as a double three where wave W ended at 1.884 and wave X ended at 1.839. Rally from 1.839 is…
Potential Impacts of Brexit
Market Impacts The market got off guard with the outcome of the UK referendum to leave European Union. One of the biggest casualties is Poundsterling which tumbled 8% on Friday last week,…
