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Short Term AUDUSD Elliott Wave view suggests the rally from 5/9 low is unfolding as a double three Elliott Wave structure. Up from 5/9 (0.7325) low, Minute wave ((w)) ended at 0.7517 and Minute wave ((x)) ended at 0.7368. Pair has...
NZDUSD found temporary support and has bounced higher on April 12/2017. At this moment, bias remains bullish and we expect the pair to continue higher in the coming trading sessions. Bulls will be waiting on any pullbacks...
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Short term Elliott Wave view in Gold (XAUUSD) suggests that cycle from 4/10 low (1246.92) is unfolded as an impulse Elliott wave structure where Minutte wave ((i)) ended at 1257.2, Minutte wave (ii) ended at 1250.8, Minutte wave (iii) ended at...
On April 11/2017 bears pushed EURAUD lower and it seems lower prices are yet to come in the following trading sessions. At the current moment, bias remains bearish and traders should look for any possible selling opportunities....
Although the Fed is in the rate hike cycle, USD rally started to lose momentum early this year when market started to realize that monetary policy divergence started to narrow. ECB has started to talk about rate hikes,...
We are taking the more aggressive view in USDJPY and calling the rally to 115.48 on 3/10 as Intermediate wave (B). Decline from there is unfolding as a 5 waves impulse Elliott wave structure with an extension in wave 3....
AUDUSD found a possible bottom in December 2015 and has bounced higher. The pair has tried to test the December 2015 low but has been rejected twice, once in May 2016 and the second time in December...
