Archives
Elliott Wave Analysis: USDJPY Searching For A Temporary Support; Area 100/102 Seems Probable
November 9th, 2016
USDJPY has turned sharply lower last week, away from 105.50 area where we think that market accomplished a three wave rally up in wave C) that belongs to a big Elliott Wave triangle. As such, a new three wave ...
Elliott Wave Analysis On NZDUSD And Crude OIL
November 7th, 2016
NZDUSD NZDUSD can be very interesting this week, in case of USD strength. Hourly charts shows a potential contra-trend move up from 0.7034 that can stop near 0.7350 this week. However, a five wave decline back to 0.7200 ...
Elliott Wave Analysis: S&P500 Nicely Trading Higher Within An Ending Diagonal
November 4th, 2016
Stocks closed much lower four weeks back, so it appears that a new bearish reversal of a higher degree is here; but that doesn’t mean that we have a top in place. As always, it’s important to look back ...
Elliott Wave Analysis On S&P500 And German DAX
November 3rd, 2016
Stocks remain in bearish mode, but we see both S&P an DAX trading in their final leg of a corrective price move. On the E-mini S&p500 we are looking at wave C-circled that already has five waves down ...
Elliott Wave Analysis On AUDNZD And EURJPY
November 2nd, 2016
AUDNZD AUDNZD is turning down, now finally falling within wave c that can represent last piece of a wave 2/B pullback. In many cases we will see that corrections will retrace back to the area of a former wave ...
Elliott Wave Analysis On AUDNZD And SILVER
October 31st, 2016
Elliott Wave Analysis On AUDNZD And SILVER AUDNZD On the AUDNZD 4h chart we are looking at a probable three wave retracement taking place, with price specifically trading in blue wave c of 2 or B. As such we ...
Elliott Wave Analysis: Triangle On The S&P500 Point Towards Higher Levels
October 26th, 2016
Elliott Wave Analysis: Triangle On The S&P500 Point Towards Higher Levels The S&P500 is trading sideways for quite some time now, with overlapping price movements that suggests this stock being trapped in a probable Elliott wave triangle correction. An ...
Elliott Wave Analysis On EURUSD And USDJPY
October 25th, 2016
Elliott Wave Analysis On EURUSD And USDJPY For now USD remains bullish against the EUR and JPY based on short-term swings that show incomplete impulsive patterns. On the EURUSD we see only small 3-legs up from the last 24 ...
Elliott Wave Analysis On EURCAD And USDJPY
October 20th, 2016
Elliott Wave Analysis On EURCAD And USDJPY EURCAD EURCAD is turning strongly up from 1.4261, clearly with an impulsive reaction out of a downward channel so it appears that five wave decline from 1.4872 is finished. If that’s correct ...
GOLD: Break Above The 1302 Mark Would Suggest Higher Price In View
October 19th, 2016
On the Daily chart of Gold, we are observing a nice three wave correction taking place with sub-wave C in final stages as part of a higher degree correction of wave B) or II). If that is the ...
