Search Results for: BP
EURUSD and GBPUSD: Both Looking at More Weakness
June 15th, 2017
As you all know FED raised interest rates yesterday and USD is trading higher. For now, we still don’t know if the USD trend reversed but in the next few weeks we will have a clearer picture. EURUSD is ...
Elliott Wave Analysis: GBPUSD and USDCAD Both Breaking Lower
June 13th, 2017
Elliott Wave Analysis: GBPUSD and USDCAD Both Breaking Lower Cable fell sharply to the downside last week which has been technically expected after we identified a bounce up into a corrective wave 2 with limited upside near 1.2960-1.3000. A ...
USD Index Could Be in For A Reversal, While GBPUSD Can See More Weakness
June 8th, 2017
USD Index is up as EURUSD turned slightly lower, beneath 1.1200 but pair is already back up for 30pips. USD index is up from this morning, but still with three waves only from the low, so any significant ...
Elliott Wave Analysis: AUDUSD and GBPUSD
June 6th, 2017
Elliott Wave Analysis: AUDUSD and GBPUSD AUDUSD Aussie is on the rise, now seen in wave five after recent triangle formation in wave four, so ideally pair is in final stages of current leg up from June 01. We ...
Elliott Wave Analysis: GBPUSD and USDCAD
May 2nd, 2017
Elliott Wave Analysis: GBPUSD and USDCAD GBPUSD GBPUSD is moving down, nicely away from our Fibonacci resistance area at 1.0950 that was highlighted last week as important zone for wave 5 of 3). Notice that current leg down now ...
Elliott Wave Analysis: EURUSD and GBPUSD
April 25th, 2017
Elliott Wave Analysis: EURUSD and GBPUSD Some FX USD based pairs did not move much in the last 24 hours so buck will remain in downtrend for now as we see EURUSD and GBPUSD in fourth waves. Fourth waves ...
Elliott Wave Analysis: GBPUSD Trading In A Temporary Correction; More Upside In View
April 24th, 2017
GBPUSD is trading in a three-wave correction of wave 4, with current sub-wave b unfolding as a contracting triangle. That said, one more drop may follow into wave c, before bears may slow down and bulls again take over ...
Elliott Wave Analysis: AUDUSD and GBPUSD
April 4th, 2017
Elliott Wave Analysis: AUDUSD and GBPUSD The USD is in bullish mode, now also against commodity currencies. We see a nice breakdown on AUDUSD following RBA rate decision. The following chart shows us a nice impulse to be in ...
Elliott Wave Analysis: EURGBP and EURNZD
March 22nd, 2017
Elliott Wave Analysis: EURGBP and EURNZD EURGBP EURGBP is slow, thus still in a fourth wave correction that may look for base near 38.2% Fib level. We see seven legs down from the highs as a complex correction so ...
Elliott Wave Analysis: EURUSD and GBPUSD
March 20th, 2017
EURUSD On the updated count of EURUSD we see price trading in a possible zig-zag correction of a higher degree, with waves A and B already completed. Current bullish rally is part of wave C, that may see more ...
