The Swiss franc is a currency that is always in the hurricane of the Forex because on several occasions the Swiss National Bank has intervened to prevent a continued appreciation of the currency against the dollar. The...
Two weeks’ back-to-back good news on virus vaccine from Pfizer and Moderna have buoyed risk sentiment. Overnight news reports Moderna’s COVID-19 vaccine has even a better 94.5% efficacy rate and longer shelf life compared to the Pfizer’s....
In this technical blog, we are going to take a look at the past performance of EURJPY, 4-Hour Elliott wave Charts that we presented to our members. But before looking into the Charts, we need to understand the market nature...
On October 27 2020 I posted on social media Stocktwits/Twitter @AidanFX “GBPCAD Watch for a move higher. Will be watching for possible buying opportunities.” The chart below shows bullish market patterns were visible and were calling for a move...
Short term Elliott Wave View in AUDJPY suggests that cycle from August 31 high is unfolding as a zigzag Elliott Wave structure. On the 60 minutes chart below, we can see wave B of this zigzag ended...
Elliott Wave view in AUDUSD suggests that the bounce from 25 September 2020 low has ended in wave ((B)) at $0.7243 high. The internals of that bounce unfolded as Elliott wave zigzag structure where wave (A) ended...
Every trader that uses the Elliott Wave theory as part of their trading analysis knows that the strongest and longest of a impulse wave pattern is the wave 3. On October 8/2020 we at EWF advised our...
The chart below of the EURAUD pair shows clear and visible bearish signals where the pair would find SELLERS and allow a trader to get in the market. A trader should always have a minimum of 3...
Elliott Wave view in GBPJPY suggests that the decline from 01 September 2020 peak unfolded as 5 waves impulse structure where wave ((iii)) ended at 134.55 low. Wave ((iv)) ended at 136.16 high, and wave ((v)) ended...
On September 17 2020 I posted on social media Stocktwits/Twitter @AidanFX “USDCAD Will be looking for BUYS as long price stays above 1.3126.” The chart below was also posted September 17 2020 showing that bullish market patterns were visible...
