Archives
Elliott wave Analysis: USDCAD and Crude oil Intra-day Updates
January 5th, 2018
Elliott wave Analysis: USDCAD and Crude oil Intra-day Updates USDCAD broke lower, now making a sharp fall out of a Elliott wave triangle it seems so we need five sub-waves within a fifth wave before this bear move ...
Bigger Triangle on Gold Coming to an End And Looking Lower
December 21st, 2017
Gold is seen trading in a big sideways price action known as a Elliott wave triangle correction. A triangle is a complex pattern with five legs, with each leg having three more sub-waves. That said, in our case we ...
NZDUSD Looking For A Top and USDCAD Just Going Bullish
December 18th, 2017
NZDUSD is trading bullish, unfolding a five-wave recovery within wave C. Current sub-wave v of C, that is on display is extended and can search for a top near the upper channel line, where even Fibonacci ratio of 61.8 ...
Elliott Wave Intra-day updates: USDMXN and CADJPY
December 6th, 2017
Elliott Wave Intra-day updates: USDMXN and CADJPY USDMXN is bearish since November 15th, when higher degree wave 5 found a top and price started to drop in impulsive fashion. Well, we now see a completed five-wave fall at ...
Elliott Wave Intraday Video: AUDJPY, NIKKEI, OIL, USDCAD
December 4th, 2017
Elliott Wave Intraday Video: AUDJPY, NIKKEI, OIL, USDCAD USDCAD was trading bearish through May 2017 and through September. We can see that a five-wave impulse had unfolded on the daily time frame and later found a low at ...
Elliott wave analysis: AUDUSD and S&P500
November 24th, 2017
Elliott wave analysis: AUDUSD and S&P500 AUDUSD is trading in a five-wave rally labeled as wave A. Specifically we see price trading at the end of minor wave iv), that points higher into wave v) with projection target ...
S&P500 Undergoing a Bearish Reversal
November 15th, 2017
S&P500 has turned down from 2596 level where we see a top formation of a wave five after an Elliott wave ending diagonal since end of October. That’s a reversal pattern which normally sends prices back to the start ...
EURUSD Still Looking Lower, Towards 1.1450/1.1500 Region
November 13th, 2017
EURUSD has turned lower in the last few weeks and it appears that there is more weakness ahead within wave 3)/C), towards 1.1450/1.1500 region. Reason for more downside is a five wave structure that should unfold from 1.1877 swing ...
IS USD Index Going Up or Down?
November 10th, 2017
On the daily chart of USD Index we see price looking bearish. We can see that price since January 2017 unfolded and completed three bearish waves. Well we know that an impulse must contain five-wave for a completed pattern, ...
Elliott Wave Analysis: USD Index and Crude oil Update
November 2nd, 2017
USD Index broke to a new high of the month recently, so we have to respect what the market is doing and go with the flow. It’s a sharp rise up from 93.48 region that looks like a wave ...
