One of the most popular consensus in 2017 among the analysts is a stronger U.S. Dollar due to the Fed in rate hiking cycle and also Donald Trump promising infrastructure spending, tax reform, which are all supposedly...
Short term Elliott Wave view in USDJPY suggests that cycle from 3/10 peak (115.53) has ended with Minor wave A at 110.077. Decline from 115.53 is unfolding as a 5 waves impulse Elliott wave structure with an extension where...
EURUSD has been selling off recently but it could be approaching a turning point as it nears the bottom of the longer-term ascending channel visible on the 4-hour time frame. Price could test support at the 1.0650...
1 Hour Elliott Wave Analysis: NZDUSD is currently in a Elliott Wave double ((w))-((x))-((y)) correction lower on the 1 hour timeframe and we expect red wave X to terminate in the 0.6967 – 0.6943 area where the...
The move higher in DAX from 3/22 low is proposed to be unfolding as a zigzag Elliott Wave structure where the first leg Minutte wave ((a)) is subdivided in a 5 waves impulse Elliottwave structure and the...
Short term Elliott Wave view in USDJPY suggests that cycle from 3/10 peak (115.53) has ended with Minor wave A at 110.589. Decline from 115.53 is unfolding as a 5 waves impulse Elliott wave structure with an extension where...
USD/JPY daily chart, March 30, 2017 The USD/JPY pair initially fell on Wednesday but found enough support to turn things around and form a somewhat supportive looking candle. Because of this, I believe it is only a...
USD/CAD daily chart, March 30, 2017 The USD/CAD pair did very little during the day on Wednesday, which was a bit surprising considering that the oil markets took off to the upside after the EIA announcement. Because...
GBP/USD daily chart, March 30, 2017 The British pound initially fell during the day on Wednesday as the Article 50 was triggered, but quite frankly it looks as if the market doesn’t care. We had initial selling...
EUR/USD daily chart, March 30, 2017 The EUR/USD pair fell significantly during the day on Wednesday, but found enough support at the 1.0750 level underneath to keep the market somewhat afloat. If we can break down below...
