Search Results for: IoT
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 ...
Elliott Wave Analysis: EURCAD Could Be In For More Upside; Let’s Wait On Broken Channel Line
April 11th, 2017
EURCAD touched our first support at 1.4100 from where we can see market turning slightly higher so we are wondering if maybe lows are already in place, since we can count three waves down from 1.4598. However, I prefer ...
Elliott Wave Analysis: EURUSD and USDCHF
April 6th, 2017
EURUSD On the 4h count of EURUSD we see price trading south following a completed zig-zag correction, that was in progress since the start of the year. Current reversal is strong and clearly impulsive, thus an important sign of ...
Elliott Wave Analysis: AUDUSD and GBPUSD
April 4th, 2017
Elliott Wave Analysis: AUDUSD and GBPUSD The USD is in bullish mode, now also against commodity currencies. We see a nice breakdown on AUDUSD following RBA rate decision. The following chart shows us a nice impulse to be in ...
Elliott Wave Analysis: Crude OIL and S&P500
March 30th, 2017
Elliott Wave Analysis: Crude OIL and S&P500 Crude OIL Because of a strong bullish momentum yesterday on oil, we think there is a chance that prices will continue to rise in sessions ahead so move up from 48.36 swing ...
Elliott Wave Analysis: USDCHF Trading in Final Stages of a Complex Correction
March 28th, 2017
USDCHF is in bearish mode since start of the year which for now it’s in three waves from 1.0350 high, therefore it can be a corrective move. From an Elliott Wave perspective, we see pair in wave E of ...
Elliott Wave Analysis: EURGBP and EURNZD
March 22nd, 2017
Elliott Wave Analysis: EURGBP and EURNZD EURGBP EURGBP is slow, thus still in a fourth wave correction that may look for base near 38.2% Fib level. We see seven legs down from the highs as a complex correction so ...
Elliott Wave Analysis: S&P500 and AUDUSD
March 21st, 2017
Elliott Wave Analysis: S&P500 and AUDUSD S&P500 E-mini S&P500 has reached 2390 area, but it traveled up to that region only with three waves, which is a corrective structure. It looks like a zigzag that can be finished as ...
Elliott Wave Analysis: EURUSD and GBPUSD
March 20th, 2017
EURUSD On the updated count of EURUSD we see price trading in a possible zig-zag correction of a higher degree, with waves A and B already completed. Current bullish rally is part of wave C, that may see more ...
