Newsletter: Two early 2020 opportunities in currencies
As an exclusive update for our newsletter readers, we wanted to highlight some trading opportunities in currencies that should manifest during the first 1-2 months of 2020.
Newsletter: British Pound hinting at a more lengthy decline
The British Pound is signaling that the next phase of its decline may be more lengthy and “zig-zaggy” than originally expected. For the traders who follow our Elliott wave newsletter, that means there should be more opportunities for bearish and bullish trades during the next year.
Newsletter: British Pound is due for upward correction
Here’s another alert for readers of our free newsletter, giving you the first look at charts showing some trading opportunities from an Elliott wave perspective. The British Pound has been in a strong and persistent decline since February, but that trend is...Pullback nearly complete with British Pound ETF
We think it’s time for the downward trend to resume
British Pound futures & ETF 2017-07-22
GPB has fallen from what I am calling a 'B' wave high in 2014 to a low early this year and been bouncing in a overlapping move to the present. Since the assumption that this drop is a 'C' wave, it should have five impulsive components and to my eye can use one more...Update on currency trades
April bulletin from Trading On The Mark
British Pound futures and ETF (FXB) 2017-04-24
I think an inflection in the major dollar cross rates is sneaking up on us either this next month or in June. Note: FXB weekly chart added Late last year and early this year we have been looking for a fourth wave bounce to take place into approximately middle of this...British Pound: The decline might pause for a few months
If you have been trading the decline in the British Pound, it may be time to take profits. We have been monitoring an expected five-wave structure down from the 2014 high in futures prices, and an important support level at 1.2120 appears to be holding.