Archives
Elliott Wave Analysis: EURUSD and GBPJPY Searching For A Top
June 30th, 2017
Elliott Wave Analysis: EURUSD and GBPJPY Searching For A Top On the updated chart of GBPUSD we are looking at a new impulsive leg higher being made, blue wave five, with price currently trading in sub-wave 3). If that ...
USDJPY Looking For Stronger Prices
June 28th, 2017
USDJPY is displaying a strong rally away from 108.80 region where a corrective wave 2 of a higher degree was completed. Current impulsive activity now suggest that a new bullish leg is in play and is already unfolding. Recently ...
Elliott Wave Analysis: Leading Diagonal on GBPUSD Point Lower
June 27th, 2017
GBPUSD is still trading in a leading diagonal of a higher degree wave A), but this time in final stages of sub-wave 5. This means we believe upside can be limited for the pair in the near-term, ideally around ...
Elliott Wave Analysis: EURJPY Trading Higher
June 26th, 2017
EURJPY is off the recent lows and we are counting this as the bullish development with red waves 1) and 2) already completed. That being said we should be now in the beginning phase of the 3) wave up ...
Elliott Wave Analysis: EURUSD and GBPUSD
June 22nd, 2017
Today we will start the day with EURUSD, where we can see a higher degree correction in the making. We think current rally can be sub-wave C of 2)/B), that will ideally unfold a five wave recovery within itself. ...
Elliott Wave Analysis: EURUSD Could Charge Lower
June 21st, 2017
Elliott Wave Analysis: EURUSD Could Charge Lower EURUSD touched a new high last week ahead of FOMC press conference, but then it turned sharply lower from 1.1300 area that we highlighted it as an important resistance region. An updated ...
Elliott Wave Analysis: Unfolding Triangle on S&P500 Pointing Higher
June 19th, 2017
Elliott Wave Analysis: Unfolding Triangle on S&P500 Pointing Higher On the S&P500 we see price trading higher away from the wave 4 consolidation, where index completed a slow and sideways triangle correction. This triangle pattern occurs prior to the ...
EURUSD and GBPUSD: Both Looking at More Weakness
June 15th, 2017
As you all know FED raised interest rates yesterday and USD is trading higher. For now, we still don’t know if the USD trend reversed but in the next few weeks we will have a clearer picture. EURUSD is ...
Elliott Wave Analysis: GBPUSD and USDCAD Both Breaking Lower
June 13th, 2017
Elliott Wave Analysis: GBPUSD and USDCAD Both Breaking Lower Cable fell sharply to the downside last week which has been technically expected after we identified a bounce up into a corrective wave 2 with limited upside near 1.2960-1.3000. A ...
USD Index Could Be in For A Reversal, While GBPUSD Can See More Weakness
June 8th, 2017
USD Index is up as EURUSD turned slightly lower, beneath 1.1200 but pair is already back up for 30pips. USD index is up from this morning, but still with three waves only from the low, so any significant ...
