Yen Crosses Reaching Extremes. Are They Ready For A Bounce?
In this blog, we would take a look at some Yen crosses to gather the bigger picture and also get an idea of whether they are ready for a bounce…
Elliottwave View: GBPUSD Rally Expected To Fail
Short term Elliott Wave view on $GBPUSD suggests the rally to 1.258 on September 20, 2019 high ended wave (4). Pair has since turned lower within wave (5) which is…
Elliott Wave View: EURJPY Has Resumed Lower
After forming a low on September 3, 2019 at 115.8, EURJPY has rallied in 3 waves. The rally ended at 120.62 and we labelled this bounce as wave 4. As…
EURUSD Selling The Elliott Wave Bounce At Blue Box Area
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave charts of EURUSD, which we presented to members. But before digging further into…
RBNZ Likely Holds Interest Rate Steady
Reserve Bank of New Zealand (RBNZ) will have monetary policy announcement at 02.00 GMT this Wednesday. Market consensus is for the central bank to keep Overnight Cash Rate (OCR) at…
USDSGD Buying Elliott Wave Blue Boxes At Extreme Areas
In this technical blog, we are going to take a look at the past performance of USDSGD, 1-Hour Elliott wave Charts that we presented to our members. In which, the cycle from…
Elliott Wave View: Short Term Strength in Bitcoin
In the bigger picture, Bitcoin has been in sideways consolidation since topping out at $13880 on June 26. It did a 3 waves pullback to $9049.54 on July 17 and…
Euro Fails to Weaken Despite ECB’s Monetary Stimulus
Last week, ECB (European Central Bank) decided to reactivate the quantitative easing (QE) programme by €20bn a month. This time the program will be open-ended until Euro Zone's inflation and growth…
USDTRY Elliott Wave View: Double Three Structure Ended from May
We looked at USDTRY back in June and told the readers that preferred Elliott wave view suggested that cycle from 11/29/2018 low (5.129) ended at 5/9/2019 (6.199) as 11 swings diagonal…
