Archives
Elliott Wave Analysis: AUDUSD and GBPUSD
June 6th, 2017
Elliott Wave Analysis: AUDUSD and GBPUSD AUDUSD Aussie is on the rise, now seen in wave five after recent triangle formation in wave four, so ideally pair is in final stages of current leg up from June 01. We ...
Elliott Wave Analysis: Sharp Decline On NZDJPY Suggest Final Wave Five To Be In Motion
May 11th, 2017
Elliott Wave Analysis: Sharp Decline On NZDJPY Suggest Final Wave Five To Be In Motion NZDJPY is turning down from 79.40 area where pair completed wave 4) corrective rally. Currently decline looks strong and is approaching the lower support ...
Elliott Wave Analysis: USDCAD Showing First Signs of A Top; A Reversal May Already Be Here
May 9th, 2017
Elliott Wave Analysis: USDCAD Showing First Signs of A Top; A Reversal May Already Be Here USDCAD made a sharp and swift move to the downside at the end of last week, which was expected as we were tracking ...
Elliott Wave Analysis: Bulls on USDJPY Taking Charge; Temporary Setbacks May Pup Up
May 4th, 2017
Elliott Wave Analysis: Bulls on USDJPY Taking Charge; Temporary Setbacks May Pup Up On the 4h chart of USDJPY, we can see a strong recovery taking place, from around the 108.12 level where a bigger three wave A)-B)-C) pattern ...
Elliott Wave Analysis: Gold Trading In A Correction
May 3rd, 2017
Elliott Wave Analysis: Gold Trading In A Correction Gold is moving lower for the last two weeks or so, but if we take a look at the price structure we can see that decline is slow, choppy and overlapping. ...
Elliott Wave Analysis: GBPUSD and USDCAD
May 2nd, 2017
Elliott Wave Analysis: GBPUSD and USDCAD GBPUSD GBPUSD is moving down, nicely away from our Fibonacci resistance area at 1.0950 that was highlighted last week as important zone for wave 5 of 3). Notice that current leg down now ...
Elliott Wave Analysis: German DAX and Crude OIL
April 28th, 2017
German DAX German DAX is slow above 12400, after that aggressive run up at the start of the week. As such, we assume that move on Monday was a third wave as those are usually the strongest so current ...
Elliott Wave Analysis: USDCAD and USDJPY
April 27th, 2017
USDCAD USDCAD has turned down once again from the upper channel resistance line, but this fall is now much stronger than the previous one, so be aware of more weakness, especially if pair will manage to break below the ...
Elliott Wave Analysis: EURUSD and GBPUSD
April 25th, 2017
Elliott Wave Analysis: EURUSD and GBPUSD Some FX USD based pairs did not move much in the last 24 hours so buck will remain in downtrend for now as we see EURUSD and GBPUSD in fourth waves. Fourth waves ...
Elliott Wave Analysis: GBPUSD Trading In A Temporary Correction; More Upside In View
April 24th, 2017
GBPUSD is trading in a three-wave correction of wave 4, with current sub-wave b unfolding as a contracting triangle. That said, one more drop may follow into wave c, before bears may slow down and bulls again take over ...
