Last week, US Dollar fell across the board after the Fed signaled it will leave policy unchanged for an extended period of time until 2021. The Fed maintained the interest rate unchanged at 1.5 – 1.75%. They also kept the forecast of inflation and GDP unchanged. The central bank’s median rate is forecast to hold […]

In this blog, we are going to look at the recent developments in CHFJPY forex pair. CHFJPY rally from 10.4.2019 (106.72) to 10.21.2019 (110.39) was in 3 waves and unfolded as a zigzag Elliott wave structure. Then pair pulled back to correct the cycle from 10.4.2019 low, it did 3 waves back to 109.11 but […]

Pound Sterling remains strong as the U.K. will go to poll this coming Thursday December 12. The general election normally should be held every five years. However, this election will be the third time since 2015 as it’s necessary to break the country’s Brexit impasse. It will determine whether the U.K. will quit the European […]

USDSEK decline from November 13, 2019 peak is unfolding in 5 waves impulse structure. This article & video show the Elliott Wave path.

GBPUSD rally from Nov 23 low is unfolding as an impulse Elliott Wave structure, favoring more upside. This article looks at the Elliottwave path.

Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of GBPAUD published in members area of the Elliottwave-Forecast . As our members know, GBPAUD is showing incomplete sequences in the cycle from the December 2018 low. We’ve been calling for further extension higher toward 1.923 […]