In essence, Elliott Waves describes price movements as alternating between impulsive phases that establish the direction of the trend and corrective phases that oppose the direction of the trend. It ...
Trends are directional movements generally driven by fundamental factors that shift markets over time. Correctly identifying and trading along with prevailing forex trends often leads to profitable ...
Over the past week, on board-based Australian dollar, AUDJPY traded higher. Intraday trend is favorable as long as support 103.80 endures. Presently at 105.15, it touched an intraday high of 105.16.