Trading plan for 11/12/2017: The New Zealand Dollar is the star at the start of the new week in reaction to the election of the president of the RBNZ. The rest of the market is calmly awaiting the central bank marathon. The stock market in Asia is green. Japanese Nikkei225 Dowiedz się więcej…
Trading plan for 27/11/2017: The US Dollar is slightly stronger against the main currencies except for JPY, although moves remain small compared to the downtrend before the weekend. Asian indices go back due to the falling market in China. Crude Oil is in pull-back, Gold remains in place. On Monday Dowiedz się więcej…
⚐ The current Elliott wave progression is not easy to count as the market keeps developing the Double Three complex correction to the upside. The first target for this higher degree wave is seen at the level of 59.03 – 59.88, but it might extend higher towards the level of Dowiedz się więcej…
Trading plan for 22/11/2017: The market remained calm at night, and limited activity on the day before the US holiday deepened the decline in volatility. USD loses slightly with the strongest movement against JPY. New records on Wall Street were an encouragement to the stock market in Asia. Crude oil Dowiedz się więcej…
Trading plan for 14/11/2017: The major currencies consolidate on Tuesday, with the exception of the NZD, which loses for no apparent reason. USD/JPY reached 113.60, the EUR/USD hit 1.1670. Pound managed to pull back after Monday due to political factors, although today in the morning we can see a return Dowiedz się więcej…
Trading plan for 02/11/2017: The US Dollar is weaker overnight as there were rumors that Trump has decided that J. Powell will succeed J. Yellen as head of the Fed. EUR/USD reached a peak near 1.1670. Before the Bank of England decision, GBP?USD is approaching 1.33. USD/JPY is back at Dowiedz się więcej…
⚐ After the low at the level of $41.91, the price is still in a short-term uptrend that might reach the level of $55.19 before the top for the wave X will be established. Then a decline towards the level of $39.20 is expected as the downward wave progression will Dowiedz się więcej…