Archives
Elliott Wave Analysis: DAX and GOLD
January 26th, 2017
German DAX German Dax is trading nicely higher for the last two days which must be an impulsive price move, an extended red wave iii) up from around 11510 which touched our FIB resistance area at 11850-11890. As such, ...
Elliott Wave Analysis: German DAX and EURUSD
January 25th, 2017
Elliott Wave Analysis: German DAX and EURUSD Finally, it happened, stocks are breaking out which has started yesterday during the US session so we expected the same to follow through in Asian and European session. We can see DAX ...
Elliott Wave Analysis: GBPUSD and GBPJPY
January 24th, 2017
Elliott Wave Analysis: GBPUSD and GBPJPY GBPUSD GBPUSD is turning today, which was one of the strongest last week, so it may be a time for a new correction especially if we consider that red wave 5) has all ...
Elliott Wave Analysis: USD Index Trading In A Temporary Correction; More Gains Ahead
January 23rd, 2017
The updated chart of USD Index shows us that pair is trading at the start of red wave 5) of 3, that can face a minimum three wave corrective reversal after blue wave 3-circled finds a top. Afterwards a ...
Elliott Wave Analysis: USDCHF Looking for A Reversal Higher
January 20th, 2017
USDCHF was in a strong uptrend in the last few months of 2016, so recent sideways price move since mid-December is just another correction or pause within uptrend. We see it as wave 4) that seems to be unfolding ...
Elliott Wave Analysis: USDJPY, German Dax and EURGBP
January 19th, 2017
Elliott Wave Analysis: USDJPY, German Dax and EURGBP ECB press conference is now live with USD running to a bullish side while EUR is making lower levels, currently near 1.0600 while DAX turns back to daily highs. We see ...
Elliott Wave Analysis: Silver and Crude Oil
January 18th, 2017
Silver Silver is ticking higher, now very close to our triangle measurement projected level, near 17.25 where upside can be limited as we see metal in wave 5), final leg of a higher degree wave 1. Technically speaking, we ...
Elliott Wave Analysis: EURUSD
January 17th, 2017
EURUSD is turning sharply lower from the 1.1300 level where pair have accomplished a big and very long sideways pattern that was located in wave IV. It was a triangle which is now completed. A decisive break beneath the ...
Elliott Wave Analysis: GBPUSD and USDCAD
January 16th, 2017
Elliott Wave Analysis: GBPUSD and USDCAD GBPUSD Prime Minister Theresa May won endorsement from US President-elect Donald Trump over her Brexit course but sterling plunged on Monday on fears that Britain could be on a collision course with its ...
Elliott Wave Analysis: USDJPY and GBPUSD
January 12th, 2017
Elliott Wave Analysis: USDJPY and GBPUSD USDJPY is trading south this week but despite some strong legs down, we see market in a corrective phase of a wave four. We are tracking a second zigzag on hourly chart where ...
