Gold prices are holding steady near $2,650 in Asian trading on Monday, despite positive market sentiment from China’s new stimulus measures. Traders are hesitant to make any big moves before the speech from US Federal Reserve (Fed) Chairman Jerome Powell later today. Powell didn’t touch on the economy or monetary policy in his last speech, […]
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Short Term Elliott Wave View in USDJPY suggests decline to 139.57 ended wave (W). Pair then corrected in wave (X) with internal subdivision as a double three Elliott Wave structure. Up from wave (W), wave Read more…
Daily Pivots: (S1) 190.33; (P) 191.33; (R1) 193.09; More… Intraday bias in GBP/JPY is turned neutral first with current recovery. Outlook is unchanged that corrective rebound from 180.00 might have completed with three waves up Read more…
Daily Pivots: (S1) 158.65; (P) 159.39; (R1) 160.67; More…. Intraday bias in EUR/JPY is turned neutral with current recovery. Outlook is unchanged that corrective pattern from 154.40 might have completed with three waves to 163.47 Read more…