After repeated rebuke by President Trump, the Fed has completely capitulated. Following the two-day meeting, the Fed has scaled back their projected interest rates rise to zero this year. This reflects the concern about slowing economic growth, global market uncertainty, financial market volatility, and muted inflation. Below is Fed Chairman Jerome Powell’s press release Powell: […]

$EURJPY has ended cycle from Jan 2019 low, and pair can be in early process of turning lower. This article and video explains the Elliott Wave path.

In this blog, I want to share with you some Elliott Wave charts of EURGBP which we presented to our members recently. You see the 1-hour updated chart presented to our clients on the 03/09/19. The higher degree trend of the pair is to the downside. So our members know that the right side is to the downside. […]

This article and video explains the short term Elliott Wave path for EURUSD. The pair now shows bearish sequence favoring further downside.

Hello fellow traders. In this technical blog we’re going to take a quick look at the charts of AUDNZD published in members area of the website. As our members know, AUDNZD has incomplete sequences in the cycle from the January 21st (1.0673) peak.  Break of 02/06 low made January cycle incomplete to the downside, which […]

This article and video explains the short term Elliott Wave path for EURAUD. Pair is expected to continue higher to end 5 waves diagonal from Feb 21 low.