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GBP/USD short term targets met
It all seems so simple after the move!
But fortune does favor the brave. Go back to the last two days’ updates and see how you could use Elliott Wave analysis to trade effectively. Ramki
Medium Term outlook on EUR/USD
The Euro has spent a month in a relatively narrow range. Allow for one minor rally to 1.3835 and then a big dump.
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Short term Sterling outlook
Although GBP failed at the first resistance of 1.5020 area yesterday and came off to 1.4873, there still exists a good chance to revist that area soon.
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Sterling Pound Short Term Outlook: Update
After the fifth wave extended as anticipated, we should now be ready for a snap back towards 1.5020/1.5070 in GBP/USD
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GBP/USD update for short term traders
Short term traders of GBP/USD beware of a sharp recovery to 1.5070 once the 5th wave extension is over.
Medium Term Outlook for GBP/USD
In this update, I am going to look at the medium term outlook for Sterling Pound, or GBP/USD. Those who have subscribed to this blog would have seen the last medium term update on cable, (another name for GBP/USD) posted here on 4th August 2009. (here is the link to that post). But the more [...]
Elliott Wave Analysis of Gold : 2 February 2010
A correction can sometimes be 100% of the prior move, and this is what we seem to have got in Gold. Take a look at this chart where the Elliott Wave count labels are clearly marked. Gold has retraced 100% of its prior rally and has embarked on a strong rally that we have been patiently [...]
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