Daily FX Elliot Wave Outlook Report (AUDUSD, NZDUSD, USDCAD & USDSGD) AUDUSD We prefer to view that the pair is still in wave [b] consolidation while the near term support 1.0220 holds. Immediate term resistance is at...
Read MoreWhat is to be expected for the Week ahead from 25th Feb- 1st Mar? Economic Calendar: US Fed Chairman Testifies on Tue and Wed, UK GDP, US Durable Goods Orders on Wed, GER Unemployment , EU & GER CPI , GER Harmonised Index of...
Read MoreDaily FX Elliot Wave Outlook Report (EURUSD, GBPUSD, USDCHF & USDJPY) EURUSD The recovery from 1.3305 may be a wave [b] (Potential H&S may be forming in daily chart). Focus is now on testing the tough 1.3460/1.3520...
Read MoreWhat is to be expected for the Week ahead from 4th Feb- 8th Feb? Economic Calendar: EU PPI on Mon, RBA Interest Rate Decision and EU Retail Sales on Tue, AUS Employment Changes and Unemployment , BOE and ECB Interest Rate...
Read MoreUSDJPY – The pair may be in terminal stages of a wave 3 USDJPY had been in a larger corrective uptrend from its Nov’11 low at 75.55 and the uptrend could test the 0.9500/0.9900 resistance on multi-month basis before...
Read MoreGOLD – Bear pressure remains despite of daily bullish candle A larger wave IV corrective wave is underway from 1921 (Sep’11 high) which has the potential to test 1460/1308 on multi-month basis. The 1825/1850...
Read MoreUSDJPY – A wave 3 rally is in progress USDJPY had been in a larger corrective uptrend from its Nov’11 low at 75.55 and the uptrend could test the 0.9500/0.9900 resistance on multi-month basis before renewing long...
Read MoreGBPUSD – Near term uptrend could be a wave 5 GBPUSD is appeared to be in a multiyear triangle formation between 1.7000 and 1.4200. Corrective uptrend started from 1.5230 (Dec’11 low) is still in force and it has the...
Read MoreUSDJPY – Near term uptrend could extend if 83.30/82.85 support holds USDJPY had been in a corrective wave [4] from its Nov’11 low at 75.55. The key resistance for the uptrend is at 85.50/85.75(wave equality target)...
Read MoreUSDCAD – Near term focus is on testing the 0.9870/0.9760 support A larger corrective trend started from 0.9405 (July’11 low) appears to be still in force which may be flat corrective wave. A retest of the...
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