EUR/USD short term trading outlook

For those looking for a short term outlook for the EUR/USD, here is the Elliott Wave analyst’s take on where we are likley to go in the next few sessions. The Euro is currently trading around 1.3220, after having come off a good distance from the 1.3430 highs....

Nifty: Elliott Wave Analysis of India’s Stock Index

In a recent update, I had pointed out that traders should wait for the imminent recovery to run its course, and join in the selling when we eventually get an overlap of the 6069 level on the way down. At the time of writing that comment the NIFTY was around 5944...