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S&P 500 E-Mini (ES_F) Forecasting the Bounce From the Extreme Zone – Forex Market Analysis – ForexCycle.com
BySilas WHello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of S&P 500 E-Mini (ES_F) Futures published in members area of the website. Our members know ES_F completed cycle from the 4964 low as a 5 waves pattern. Currently the futures is giving us correction against the…
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BySilas WThe developing appetite for risk and divergences in monetary policy are supporting the euro. The Bank of Japan did not signal any interest rate hikes in April. The US dollar continues to lose ground amid decreased demand for safe-haven assets due to easing tensions in the Middle East conflict, contributing to a rise in global…
AUDJPY: Bulls May Lose Control
BySilas WThe AUDJPY bulls may lose control.The currency pair could still decrease despite a minor uptick. AUDJPY Weekly Price Analysis – August 18 Today, the AUDJPY bulls may lose control of the market as the market buying pressure seems to be dropping. Thus, a further increase in the bear’s pressure may break down at the $90.11…

