GBPUSD - The Tale of Two Elliott Wave Counts
Using Elliott Wave Theory we arrive at a preferred and alternate count which are on opposite sides of the coin. How do we determine which one is preferred?
Using Elliott Wave Theory we arrive at a preferred and alternate count which are on opposite sides of the coin. How do we determine which one is preferred?
“All of the data that we have had up until now has been, I think, encouraging… But there are a few significant-and I would say have now grown larger-headwinds that have developed”John Williams, San Francisco Federal Reserve Bank PresidentAfter an impressive nonfarm payroll print on Friday, September 4, 2015 the dollar opens the holiday shortened week on its heels 10 days ahead of ominous September 17 FOMC rate announcement meeting.
After completing a series of early morning breakouts, the AUDUSD has retraced to a point of resistance. Learn today’s trading values with the Chart of the Day!
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Despite worse than expected NFP figures, the EURUSD has failed to breakout this morning. Learn today's trading values with the Chart of the Day!
Traders are shifting towards Sterling bulls which offers breakout opportunities using the DailyFX Plus Breakout2 strategy.
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A look at Macro themes and Emerging Markets to track capital flow and themes during the turbulance.
The USDCAD has declined in its previous four trading sessions. As the pair moves lower on GDP data, learn today’s trading values with the chart of the day.
Why might sell-side firms need algorithmic trading, and why does it matter? We examine a number of key topics relevant to the individual trader.