Binance Coin (BNB) is cryptocurrency that was issued in July 2017 with Binance ICO and it’s used to pay fees on the Binance cryptocurrency exchange. In 2018, the cryptocurrency market saw a significant correction causing the majority of coins to drop more than 70% and BNB wasn’t any difference with an 80% decline. However, since December 2018, the […]

Since Prime Minister Theresa May announced she stepped down from leadership position, the market has started to adjust the expectation for a hard Brexit scenario. Selling pressure on Poundsterling has intensified as the new prime minister hopefuls Boris Johnson and Jeremy Hunt adopted a hardline approach. Under the previous leadership of Theresa May, market previously […]

GBPUSD shows a bearish sequence from June 25 high favoring further downside.This article and video shows the Elliott Wave path.

NZDUSD has an incomplete 5 swing sequence from May 23, 2019 low favoring further upside. Short term Elliott Wave view suggests the pullback to 0.6565 on July 10, 2019 low ended wave ((X)). Pair then rallies from there as a zigzag Elliott Wave structure where wave (A) of this zigzag is in progress as an impulse. Up […]

EUR and GBP have seen a strong sell off against Canadian Dollar in the last few weeks and in this article we will take a look at the swing sequences in EURCAD and GBPCAD to present the path of least resistance and also look at the future targets. EURCAD Cycle from 3.2018 Peak is Incomplete […]

Elliott Wave View suggests the move lower from March 13, 2019 high (1.3381) is unfolding as an impulse Elliott Wave structure. In the short term chart below, the bounce to 1.2784 ended wave 4 as part of the impulse move from March 13 high. Pair is currently within wave 5 and the internal also unfolds […]