Archives
Elliott Wave Analysis: NZDUSD and EURGBP
January 11th, 2017
NZDUSD NZDUSD structure depict highly corrective price action in the complex pattern XWY. Slope and overlaps suggest this move up is only a pause in a higher degree downtrend and we expect a decisive break of the corrective channel ...
Elliott Wave Analysis: USDJPY and USD Index
January 9th, 2017
USDJPY USDJPY is in a strong bullish mode for the last few months so recent pullback down to 115.00 was just a temporary pause within an uptrend. We see this bearish activity as corrective wave 4, that seems to ...
Elliott Wave Analysis: Big Consolidation on AUDUSD Completed; More Weakness In View
January 4th, 2017
Elliott Wave Analysis: Big Consolidation on AUDUSD Completed; More Weakness In View On the Daily chart of AUDUSD we can see a big, sideways price movement, known also as a triangle pattern now completed. Recently as we can see ...
Elliott Wave Analysis: USDCHF Trading in An Impulse Of A Higher Degree; Wave 4 Is In Motion
January 3rd, 2017
On the Daily chart of USDCHF we are looking at a higher degree complex correction, a three wave A-B-C rise of wave IV, that seems to be in action since end of December of 2014. That said as we ...
Elliott Wave Analysis: Dow Transportations Index and AUDGBP
December 28th, 2016
Dow Transportations INDEX Dow Transportations are trading nicely to the upside, with price trading in the middle of a big red third leg, specifically in blue wave (iv) of three. As we can see the index recently completed an ...
Elliott Wave Analysis: AUDUSD and German DAX
December 22nd, 2016
AUDUSD made a nice reversal the past week from the 0.7525 level following Janet Yellen’s press conference. As we can see on the chart, price completed a three wave rise within the final wave E of a complex correction. ...
Elliott Wave Analysis: USD Index, USDJPY and S&P500
December 20th, 2016
Elliott Wave Analysis: USD Index, USDJPY and S&P500 USD remains in bullish phase as expected as USD index turned up from around 102.50 where wave 4 appears completed, so current wave 5 can be in play for 104.00 or ...
Elliott Wave Analysis: Bulls Pushing USD Index Higher
December 16th, 2016
USD index is in a strong uptrend since the US elections, a clear impulsive structure on the 4h chart that belongs to a bigger wave five from a weekly period. Recently as we can see, price looks to have ...
Elliott Wave Analysis: German DAX and USDCHF
December 14th, 2016
Elliott Wave Analysis: German DAX and USDCHF German DAX A sharp turn up on DAX from 10020 area was clearly an impulsive price move, based on personality and structure which confirms a completed correction from August highs. As such ...
Elliott Wave Analysis: Big Triangle Correction On USDCHF Completed; More Gains May Now Follow Towards The 1.0700/1.0750
December 13th, 2016
On the Daily chart of USDCHF we are looking at a higher degree complex correction, a three wave A-B-C rise of wave IV, that seems to be in action since end of December of 2014. That said as we ...
