Tag Archives: Share Trading

Using Elliott Wave theory, the correction lower in NZD/USD appears incomplete. Learn more on levels we are following.

The ASX 200 has nosed above the 6000 level last relinquished back in 2008 as the financial crisis took hold. However, the effort was mighty and some reflection is in order.

The Euro is attempting to make good on a bearish Head and Shoulders topping pattern, with the single currency testing three-month lows against the US Dollar.

Major European indices are extended, but the euro continuing to weaken and generally strong global appetite for stocks keeps markets bid.

The combination of current sentiment and recent changes gives us a stronger USDJPY-bullish contrarian trading bias.