Natural gas was trading sideways since mid November till December, unfolding an overlapping pattern, which is in Elliott wave terminology known as a triangle correction. A triangle has ... Read More
Elliott wave Analysis: EURUSD Can Look For A Top in The Near-future On the daily chart of EURUSD, we can see price rising for the last year or ... Read More
EURUSD has turned lower in the last few weeks and it appears that there is more weakness ahead within wave 3)/C), towards 1.1450/1.1500 region. Reason for more downside is ... Read More
Most Latin American currencies strengthened on Thursday on expectations that U.S. President Donald Trump will appoint a less hawkish head of the Federal Reserve than expected. Politico reported on ... Read More
The euro is likely to trade even against the US dollar ahead of French presidential elections in April, according to the Paris-based bank Societe Generale. The dollar strengthened more ... Read More
Underpinned by expectations U.S. rates will rise by the year-end, the dollar held steady in Asia trading on Wednesday, just below a near nine-month peak struck overnight, while the ... Read More
EURUSD is trading lower for the last few weeks, away from 78.6% Fibonacci level after that broken channel support line connected from wave X). In fact, fall is quite ... Read More
EURUSD is trading lower for the last few weeks, away from 78.6% Fibonacci level after that broken channel support line connected from wave X). In fact, fall is quite ... Read More
AUDUSD is turning down from 0.7834 high for the last two weeks where wave C-circled might completed a big corrective wave IV which looks like a flat. A flat ... Read More
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