• 2 hours Is A Gold Breakout Near?
  • 20 hours Federal Reserve Downgrades U.S. Growth And Cuts Rate Hikes
  • 23 hours Disney Beats Out Comcast In $71.3B Mega-Merger
  • 1 day The Feds Continue To Prop Up Equities Markets
  • 1 day Bejing's Sway In South China Sea Is Fading
  • 2 days Saudis Eye Billions As Stocks Get Emerging Market Boost
  • 2 days Airbnb In Acquisition Mode Ahead Of IPO
  • 2 days Gold Hangs At $1,300 Ahead Of Fed Meeting
  • 2 days Champagne Sales Slow As European Economic Worries Grow Louder
  • 3 days Putin Signs “Digital Iron Curtain” Into Law
  • 3 days Russian Metals Magnate Sues U.S. Over Sanctions
  • 3 days Tesla Looks To Jump Into Indian Market
  • 3 days Global Banks Lay Groundwork To Re-Inflate Asset Prices
  • 4 days Homeowners Experiment With Risky New Investment Trend
  • 4 days U.S. Tech Stocks Look Increasingly Vulnerable
  • 4 days De Beers To Expand World’s Most Profitable Diamond Mine
  • 4 days Ford CEO Gets Raise After Massive Layoff Round
  • 5 days Germany’s Flirtation With Recession Could Cripple The Global Economy
  • 5 days Where To Look As Gold Miners Inch Higher
  • 6 days Google Faces Billions In Fines From European Regulators
The Chatroom Cartel Running Global Bond Markets

The Chatroom Cartel Running Global Bond Markets

Eight major banks have been…

Lending: The Good, Bad, And Ugly

Lending: The Good, Bad, And Ugly

Aristotle said, “The most hated…

  1. Home
  2. Markets
  3. Other

USD Seems Quite Strong Against GBP and JPY

Cable is not so aggressively down at the start of this week, but still bearish with no overlaps. We see an impulse in progress towards lower levels, within an extended blue wave (iii).

GBPUSD 1h Elliott Wave Analysis

GBPUSD 1-Hour Elliott Wave Analysis  Chart

USDJPY rallied today above 123.00 and reached lower side of our projected levels that we highlighted them this morning. Notice that rally from the past few days is very strong so we suspect that pair is making an extended black wave 3 at the moment. This wave already contains five smaller waves, so correction may occur in the sessions ahead. Ideally we will see wave 4 set-back.

USDJPY 30min Elliott Wave Analysis

USDJPY 30-Minute Elliott Wave Analysis Chart

 


Interested in our analysis? Subscribe Our Services Here >> http://www.ew-forecast.com/service

 

Back to homepage

Leave a comment

Leave a comment