WaveElliot

WaveElliot

Crude Oil Prices Slide Ahead of FOMC Minutes Intraday Support Found at $53.49 Looking for additional trade ideas for Crude Oil & Commodities? follow my channel telegram t.me Crude Oil prices are turning lower off of weekly highs ahead of this afternoons FOMC meeting minutes release. Technically, crude oil prices may be considered in a short term...

WaveElliot

The European Union is sounding the alarm on Italy's massive debt pile and warning that the country must take action soon or risk being declared in breach of EU rules. The European Commission released its annual economic and social analysis of EU Member States on Wednesday and Italy was singled out for special treatment, with the Commission threatening the...

WaveElliot

The price of bitcoin is up more than 7% today, climbing to just under $900. Markets saw an average high of $896, according to the CoinDesk USD Bitcoin Price Index (BPI) after opening the day at $830. At press time, prices were currently averaging $882.10, an increase of just over 6%, BPI data shows. Notably, CNY-denominated markets have climbed more than 10%...

WaveElliot

While GBP/USD swiftly bounced from it’s brief foray below $1.20, price has once again been capped by the range that you can clearly see in the daily chart The upper level of the range is definitely acting as resistance and the way it held again back in the first week of February puts Cable in play for shorts. Just keep in mind that it’s a 700 pip range and we’re...

WaveElliot

U.K. Prime Minister Theresa May won the first stage of her clash with Parliament’s unelected upper chamber over her plan to trigger Brexit, but now faces a fight to pass her draft law unchanged. After about 20 hours of debate over two days, lawmakers in the House of Lords agreed without a vote late Tuesday to let the European Union (Notification of Withdrawal)...

WaveElliot

The government has rejected suggestions it has underestimated business rate rises by 5-7% in a private letter sent to Conservative MPs, as criticism mounted of its calculations. In an email to Tory MPs, Sajid Javid, the communities secretary, and David Gauke, the chief secretary to the Treasury, said there had been “a relentless campaign of distortions and...

WaveElliot

U.S. crude futures rose for a second day on Tuesday, with data showing hedge funds are betting big across oil markets following OPEC production cuts agreed last year. U.S. West Texas Intermediate crude was up 23 cents at $53.63 a barrel at 0032 GMT. It gained about 29 cents, or 0.5 percent, on Monday, which was a shortened session due to a U.S. national holiday....

WaveElliot

In early February, Donald Trump accused China and Japan of currency manipulation. Associated with his campaign promise to brand China a currency manipulator on his first day in office, the market remains deeply worried that Trump could use this as a justification for introducing punitive trade actions against China. In the next two pages we discover that China...

WaveElliot

ederal Reserve Chair Janet Yellen's fairly hawkish remarks in a press conference Wednesday failed to boost the dollar, which the next day saw its largest one-day drop in over two weeks. In her two-daysemi-annual testimony on monetary policy before the House Financial Services Committee, Yellen reiterated that the Federal Reserve still expects to raise its federal...

WaveElliot

There are three main features: Japanese trade, Germany producer prices, and UK CBI trends. The Japan's January trade deficit was larger than expected, as exports disappointed and imports surprised on the upside. It was the first deficit since last August. There is a large seasonal component, and in the most commentary, it is attributed to the Chinese New Year....

WaveElliot

US markets are closed for the Presidents' Day holiday, but it hasn't prevented its pre-weekend gains giving a bullish tone to global equities.  The S&P 500 and NASDAQ recovered from early weakness to close at new record levels before the weekend.  Global equity markets are following suit today.   The MSCI Asia Pacific Index eked out a small gain (0.05%). ...

WaveElliot

This is what happend in my mt4 position right now..still hold position.good luck for ll of you if gonna for short this pair.

WaveElliot

use it wisely.thank you

WaveElliot

This is my thought off the GBPUSD....

WaveElliot

This is my thought from fibo level + wave illiot + divergence on h4 + expectation supply area which its possible for selling the GBPUSD.Taking action buy at wave 4 (swing trade)

WaveElliot

EURUSD

WaveElliot

My Opinion on GJ.if you had other opinion,please let me know.Thank You

WaveElliot

my formation entry buy limit for GBPUSD hit for swing trade @ 1.23145 and Tp @ 1.30696 Estimated hold the stock 10-14 days start nest week.