New York time: 00:00:00
Local time: 00:00:00
Newsletter RSS 

GBPJPY May Fall IN Risk-Off Mode


Our Services             NEW!!Elliott Wave School

July 31 2018

Traders, good morning with a quick outlook from vacation. I am in Bale/Valle with my family, having a great time in mobile house, but like every year its very difficult not to look at the market price action. So after a quick look at quotes I noticed interesting potential risk-off developments on S&P500 Futures where I see five wave fall on intraday chart, which means more downside may come soon. If that's the case then in risk-off mode we may expect strong JPY. I am looking at GBPJPY for a pullback after that nice drop from wave C highs that suggests a completed wave four of a higher degree.

Trade well,


Newsletter archive