Look at this picture, euro is in the stage of wave 5. in the present situation, wave 5 is more likely to be ending triangle.It has formed dot 1 and dot 2. Dot 3 is forming now. In consideration of daily transaction intensive area 1.4050-1.4100, I deem dot 3 probably in this area. Link dot 1 and dot 3, we will find dot 5.
I think CPI of EU has fall to the...
Japanese government has carried out QE for nearly two years. QE should have brought trade surplus. But that would still leave a trade deficit. It is known that Japanese is export-dependent economy. BOJ do not carry out more QE recently.
In my analysis, JPY is in the stage of wave 4, specifically wave b of wave 4. 102.50-102.70 is a daily resistance level....
Japanese government has carried out QE for nearly two years. QE should have brought trade surplus. But that would still leave a trade deficit. It is known that Japanese is export-dependent economy. BOJ do not carry out more QE recently.
In my analysis, JPY is in the stage of wave 4, specifically wave b of wave 4. 102.50-102.70 is a daily resistance level. ...
First of all, I emphasis that interest rate of NZD (3%)is 12 times as much as USD(0.25%). Non farm payrolls have grown dramatically, but USD index do not rise up. So we are sure that market payrolls figure is not a sensitive matter. CPI is the key to let FED to rise interest rate. FED keep interest rate before CPI rise above 2%. It means non-us dollar...
As is shown in the graph, gold have gone through a great uptrend. Corrective wave A is a flat corrective wave(3-3-5). Wave A had fell below 50% of wave 5. And there is double bottom shape. I incline to wave A is over. Now is in the corrective B. in consideration of daily support 1255, wave B is likely to be a triangle corrective wave. Dot d is 1268.42 low price...
In my analysis, wave 1 began from 2001-4-2 to 2008-7-14.wave 3 began from 2008-10-27 to2011-7-25. Wave 2 is between wave 1 and wave 3. Wave 2 had fallen below 38.2% of wave 1. According alternation principle, I think wave 4 have completed its goal. Wave 4 has reached between 61.8% and 50% of wave 3. I deem wave 5 began at 2014-1-20 . According wave theory,...
Look at this picture, I think GBP is in great wave 3 stage, specific to say, GBP is in the corrective wave(5) of wave 3. This is an expanding triangle. Although BOE meeting notes is dovish, British economic indicators are on the rise. In the 4H picture, there is a symmetric diagonal triangle in corrective wave(ii) of wave(5) . wave(iii) of wave(5) is coming...
Euro has great influence on UXY. Several Europe economic indicators have got new higher scores. Recently Euro/USD resists bears attack at 1.3800. Federal Funds Rate is a good indicator to present attraction of USD. At some extent USD is not popular to speculator. Look at this picture, we can see wave five is failed. We can identify wave A easily. Wave A is...
Now money flow hasn’t get out of Europe union. Although Europe central bank officials don’t satisfy with high ratio of EURO between USD, Europe center bank don’t take part in QE until July. We all know that the United States economy has already get better, but FED officials worry about low CPI. Economic expansion must require a higher CPI. United States...
