USD/JPY Forecast Good Morning Guys! Last week was not too good for the sellers of USD/JPY. They lost up to 50 pips and raced at 156.78 zone. However, this week have some news events related to JPY MOntary Policy and BOJ's Rate Statement. So, the...
The Euro (EUR) took a hit against the US Dollar (USD) last Friday, closing at 1.0820 on the New York Stock Exchange. This decline came after positive US employment data for May surprised analysts. The report revealed a stronger-than-expected labor...
AUD/USD Drops to Around 0.6580 in Early Asian Trading: Early on Friday in the Asian trading session, the Australian Dollar (AUD) fell against the US Dollar (USD), with the exchange rate settling near 0.6585. Several important factors influenced this...
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Retrace waves in Elliott wave theory Furthermore, wave probes show perpendicular waves as opposed to those occurring in perceptual and perpendicular wave systems. These are the main ones: There are 2 waves and 4 waves in the impulse wave. Wave B is...