Short term Elliott Wave View in FTSE suggests the rally from 10.13.2022 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from 10.13.2022 low, wave 1 ended at 7093.05 and pullback in wave 2 ended at 6997.54. Index then resumed higher in wave 3 towards 7413.82 while pullback in wave 4 ended […]
The post Elliott Wave View: FTSE Looking to End 5 Waves appeared first on Action Forex.
EUR/USD’s decline from 1.1213 continued last week and accelerated to as low as 1.0330. There is no sign of bottoming yet and initial bias stays on the downside this week. Sustained trading below 1.0404 key Read more…
USD//JPY stayed in consolidation below 156.74 last week. and initial bias stays neutral this week first. On the downside, break of 153.27 will bring deeper correction to 38.2% retracement of 139.57 to 156.74 at 150.18. Read more…
GBP/USD’s fall from 1.3433 continued last week and there is no sign of bottoming yet. Initial bias stays on the downside this week for 100% projection of 1.3433 to 1.2842 to 1.3047 at 1.2456. Decisive Read more…