In the monthly graph show counting waves from 1971 to July 2016 where the probability of developing wave V shown))
Everything seems set down the USDCOP go to the level of 38.2%, wave iv)). So the Colombian currency earn 366 pesos per US dollar, thus the probability of rebound in 2827 forming the wave v)) of 3 looking the maximum 3436. Wave iv)) depends on the EURSUD appreciate a little more, pushing up with this oil.
Wave 3 corresponding to the lower trend began in late July 2014, in March 2015, the price corrected 38.2% Fibonacci forming wave 4. The price trend gives very good chance that the Colombian currency to end this year at 2.800.
The beginning of the Fifth Wave, the cycle began in February 1985 with the Wave I. Very good for Europe, thanks to the devaluation of the dollar is coming.
The beginning of the Fifth Wave, the cycle began in February 1985 with the Wave I. Very good for Europe, thanks to the devaluation of the dollar is coming.
Applying the Elliott Wave Principle to huge super cycle for the period 1915 to 2014 which my theory of the end of the great super-cycle is clear, projecting the wave B)) and C))
Finally March 2014 is here, for this month is expected to further reduce U.S. inorganic printing money to buy its own debt . Everything will depend on the NFP report to be presented on Friday March 7, 2014 , with consensus of 160k with a previous reading of 113k . A result above the market consensus is bullish for the USD, while a low reading is bearish...
Finally March 2014 is here, for this month is expected to further reduce U.S. inorganic printing money to buy its own debt . Everything will depend on the NFP report to be presented on Friday March 7, 2014 , with consensus of 160k with a previous reading of 113k . A result above the market consensus is bullish for the USD, while a low reading is bearish...
Changing the outlook for the weekly trend by Fed decision to keep monetary stimulus, printing inorganic money to repurchase bonds, increasing inflation and consumption, however if the Euro gains a lot of value could affect to countries beaten by the crisis such as Greece, Cyprus and Spain, making future corrections that could be strong and not suitable for the...
Analysis of EUR / USD weekly chart looking for predicting the trend. According to wave count apparently we are in time to sell this pair.