General overview for 28/06/2016: The intraday golden trend line that provides a dynamic support for the price has been violated, and now it’s being tested from below. According to the Elliott Wave Theory, the price is still trying to complete wave (Z) of the overall corrective structure in wave B before the uptrend eventually resumes. […]
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This currency cross involves the two biggest economies in the world, and two of the most traded currencies in the market. Currency cross rates are currency pairs that does not include USD, such as EUR/JPY. Pairs that involve the EUR rate are called euro crosses, such as EUR/CHF and EUR/JPY. All other currency pairs that […]
