khaledalsaadani's Blog

Avatar

USDJPY Elliott waves count


Another near end bearish impulse.
This probable count suggests that the finished the wave 3 of the bearish impulse.
I think that the pair still didn't finished its way down.
We will see.
Read full story
Translate to English Show original
orto leave comments
Avatar

CADJPY Elliott waves count


This is also a probable bearish impulse.
It is not certain for me at least whether the pair finished the bearish move.
We should wait for a clear reversal of trend to Enter LONG.
Best for you all.
Read full story
Translate to English Show original
orto leave comments
Avatar

AUDJPY Elliot waves count


According to this suggested count the pair is in down trend.
The price is forming the sub impulse constituting wave three of the bearish impulse.
I think it still has some good pips to go down.
Best of luck.
Read full story
Translate to English Show original
orto leave comments
Avatar

Oil falls 2 percent as concern over demand bites

Crude oil prices fell as much as 2 percent on Tuesday on uncertainty over whether global demand will be enough to erode a sky-high surplus, ahead of a weekly survey of U.S. inventory levels.
Volatility has picked up this week, as the outlook for crude has been muddied by data pointing to the market possibly having stabilized after losing more than half its value in a year, and the persistence of the highest global surplus in modern times.
There is evidence that U.S. shale production is starting …
Read full story
Translate to English Show original
orto leave comments
Avatar

U.S. to warn China against quick fixes for economy

The United States will press China during a state visit by President Xi Jinping to avoid "quick fixes" for its economy such as devaluing its currency to boost exports, White House chief economist Jason Furman said on Tuesday.
Furman said China's recent loosening of controls on the yuan currency "caused turmoil" in global financial markets and that U.S. officials would also raise the issue of China's volatile stock market.
The overarching message from the Americans is that China needs to make pro…
Read full story
Translate to English Show original
orto leave comments
Avatar

USDJPY Elliott waves count.


The most wonderful about this count is that it proves a successful trade I previously recommended.
In the previous count I left you at the wave one.
And from there the pair made about 100 pips down, so it was a very good trade to whom caught it.
Best for you all.
Read full story
Translate to English Show original
orto leave comments
Avatar

CADJPY Elliott waves count


I previously followed the finished bullish impulse which already finished now.
This is the next corrective bearish impulse, and this count suggests we are within the bearish wave three.
So according to this probable count the pair is in down trend.
Read full story
Translate to English Show original
orto leave comments
Avatar

AUDJPY Elliott waves count


This is a suggested bullish impulse waves count.
As you can notice the candles are compressed so it's a wide time range count and this makes it more dangerous to follow.
However this probable count suggests a next bearish corrective wave which could be a good chance to go Short.
Best of luck.
Read full story
Translate to English Show original
orto leave comments
Avatar

Global uncertainty changed timing of Fed rate hike: ECB's Liikanen

Global economic uncertainties might have impacted the timing of a U.S. interest rate rise but the market continues to expect the Fed to act, European Central Bank council member Erkki Liikanen said on Saturday.
The U.S. Federal Reserve left rates unchanged at near-zero levels on Thursday, postponing a widely expected hike due to "less certain" global economic outlook.
"There has been uncertainty globally which perhaps has an impact on timing, but surely the market expects the Fed to act sooner o…
Read full story
Translate to English Show original
orto leave comments
Avatar

ECB chief economist declares 'Readiness and decisiveness' to act: paper

The European Central Bank's chief economist reiterated the bank's "readiness and decisiveness" to modify its trillion-euro bond-buying program should economic turbulence merit decisive action, according to an interview in a Swiss newspaper.
Interviewed by the Neue Zuercher Zeitung, Peter Praet defended the bank's stimulus programmers, including quantitative easing, saying they had helped avoid a damaging financial panic.
As turbulence in emerging markets intensifies, he said the ECB remains read…
Read full story
Translate to English Show original
orto leave comments
More