Archives
Elliott wave Analysis: CORN and USDMXN Intra-day Look
April 2nd, 2019
Corn made a nice impulsive drop from the 375 level, confirming that minor wave ii found resistance, and that wave iii is in play. Wave iii is the strongest and firmest of the five waves, which means even more ...
Elliott wave Analysis: GBPUSD and Silver Intra-day Update
March 27th, 2019
Cable is doing quite well. After a five-wave rise into wave A away from 1.3000 level, we can see a slow three-wave a-b-c corrective decline in wave B, from where we may see a bullish continuation for wave C ...
Elliott wave Analysis: EURUSD and USDJPY Update
March 21st, 2019
We have seen a sharp drop of the USD yesterday following FOMC decision and press conference. EURUSD moved up to 1.1450, supported by GOLD and OIL while stocks firstly rallied, but then quickly slowed down. This event just caused ...
EURAUD, EURCAD Both Looking Bearish – Elliott wave Analysis
March 19th, 2019
EURAUD made a break out of a corrective channel line which was connected from twelve of March. We see this impulsive break as a suggestion that a higher degree wave b correction had ended at the 1.605 level, and ...
Elliott wave Analysis: USDJPY and GOLD Update
March 7th, 2019
On the USDJPY we are looking at a higher degree wave A in play, which is a motive wave, and thus must be structured by five sub-waves. We can see that price made a nice leg up ...
Elliott wave Analysis: EURAUD and GBPNZD Sharing A Bullish Correction
March 5th, 2019
EURAUD is currently unfolding a bigger, complex correction, up from midpoint of January when a five-wave decline had fully unfolded its five-wave drop. We are now observing a complex pullback in play, a double-zig zag to be exact, which ...
Elliott wave Analysis: German DAX and BTCUSD
March 4th, 2019
On German DAX we are tracking a five-wave recovery in play, up from 11400 area, where blue wave iv found a base. At the moment we see price trading slow and choppy, ideally unfolding a minor correction within its ...
Elliott wave Analysis: GBPUSD Unfolding a Five-wave Rally, and DAX A Temporary Correction
January 29th, 2019
GBPUSD is recovering sharply from the 1.267 level, giving us a sign that corrective wave 2)/B) had ended, and that now wave 3) or C) is in play. In such case, a five-wave rally is expected to show up, ...
Elliott wave Analysis: USDCAD and USD Index Developments
January 22nd, 2019
USDCAD made a sharp bearish reversal down from 1.366 level, an impulsive wave A) to be specific which looks to have found a base at the 1.317 level. A recovery that followed from the lows can be part of ...
Elliott wave Analysis: NZDUSD and GBPNZD Update
January 18th, 2019
Kiwi is currently trading in a bigger, unfolding three-wave reversal down from the highs (0.684 level) with first leg a already completed. Rally that followed from the 0.673 level can be labelled a temporary pullback as wave b, which ...
