In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of NZDJPY. In which, the rally from 24 March 2023 low unfolded as an impulse sequence and showed a higher high sequence. Therefore, we knew that the structure in NZDJPY is incomplete to the upside & should extend higher. So, […]
-
$USDCAD Building Permits and BOC Governor Speaks on 12/08
Read MoreWe have 2 important news events for Canadian Dollar tomorrow on 12/08 2015 : -Building Permits at 1:30 PM GMT(UK Time) / 8:30 AM EST -Bank Of Canada Governor Stephen Poloz Speaks at 5:50 PM GMT(UK Time)/ 12:30 PM EST Both news events should ideally bring some volatility into CAD pairs, so they could finally complete current cycles. […]
-
$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 […]
-
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 […]
-
RBA Rate Decision & AUDUSD
Read More– 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 […]
-
$GBPJPY Trading Plan Recap
Read MoreHere is a quick blog from our Live Trading Room host, Dan Hussey. Take a look at how to manage your risk by using inflection zones and Elliot Wave to your advantage. The Live Trading Room is held daily at 8:00 AM EST , join Dan there for more insight into these proven methods of trading. GBP/JPY Live Trading […]
-
USDX and USDPLN | Technical & Fundamental Outlook
Read MoreThursday December 03 2015 – ECB Interest Rate Decision 14.45 – ECB Monetary Policy Statement and Press Conference 15.30 Friday December 04 2015 – European Gross Domestic Product (Q3 and YoY) – US Average Hourly Earnings – US Unemployment Rate – US Non-Farm Payrolls Wednesday December 16 2015 – FOMC ECB Monetary Policy Statement and […]