Daily & Hourly VIEW - PART 2 Step 1 - check on a bigger tf the major trend (up & down) Step 2 - mark it as 1 to 5 impulsive wave Step 3 - find every possible outcome of different wave structure. Step 4 -choose the correct structure. join LEARNINGFOREXMARKET
EURUSD Elliot Wave Analysis Part 1 Monthly View. Step 1 - Check on a bigger tf the major trend (up & down) Step 2 - Mark it as 1 to 5 impulsive wave Step 3 - Find every possible outcome of different wave structure. Step 4 -Choose the correct structure
Unemployment Rate The unemployment rate represents the number of unemployed persons expressed as a percentage of the labour force. A lower than expected number should be taken as positive to the CHF, while a higher than expected number as negative. Actual: Forecast: Previous: 3.5% 3.6% 3.7%
As looking towards chart its simplifies the support area
All JPY pairs rising USDJPY is on resistance area. DXY at mid of S/R area
A Long ABC of C wave with 3rd wave formation. whats ur opinion
The U.S. Dollar Index is used to measure the value of the dollar against a basket of six world currencies—Euro, Swiss Franc, Japanese Yen, Canadian dollar, British pound, and Swedish Krona. The value of the index is a fair indication of the dollar's value in global markets.
Actua Previous USD Fed Interest Rate Decision 0.25% 0.25% FOMC Statement Interest Rate Projection - 2nd Yr (Q4) 1.6 1.0 Interest Rate Projection - 1st Yr (Q4) 0.90 0.30 Interest Rate Projection - Current (Q4) 0.1 0.1 Interest Rate Projection - 3rd Yr (Q4) 2.1 1.8 Interest Rate Projection - Longer (Q4) 2.5 2.5
Above link Provide the Data & its Reaction with the market