Search Results for: IoT
Elliott Wave Analysis: Big Complex Correction On Crude OIL Looks Completed; Higher Prices Could Already Be Here
December 6th, 2016
Sharp reversal to the upside on the Crude Oil gives us an idea about a completed three wave correction in wave B) or 2). If that is the case then recent strong upward action is a sign of stronger ...
Elliott Wave Analysis On Gold And Silver
December 5th, 2016
GOLD Gold is selling of from 1187 after recent three waves up from the low, which we labeled it as wave C that can belong to a big running triangle formation. It’s a five wave move in wave B ...
Elliott Wave Analysis: Big Corrective Pattern On EURUSD Complete; More Weakness In Sight
December 2nd, 2016
EURUSD is turning sharply lower from the 1.1300 level where pair have finally accomplished a big and very long sideways pattern that was located in wave IV. It was a triangle which is now completed because of a decisive ...
Elliott Wave Analysis: USD Index Impulsively Getting Stronger And Reaching New Highs
December 1st, 2016
USD index was in a big sideways pattern unfolding since start of 2015; slow and overlapping price action with a personality of a contra-trend movement that now looks completed based on a five wave development up from the 91.90 ...
Elliott Wave Analysis: AUDUSD Trading Within A Higher Degree Correction – A Triangle
November 29th, 2016
Triangle pattern is still unfolding on the daily chart, currently in wave D that can be looking for a support in weeks ahead near the lower red trendline around the 0.7250 zone, where Fibonacci of 78.6 could prove to ...
Elliott Wave Analysis: USDCAD And AUDUSD
November 28th, 2016
USDCAD USDCAD is turning down, now back at.13450-1.3470 area where pair can find a new support within current complex wave two correction which can be a flat. So for now, our view remains unchanged, as we still think that ...
Elliott Wave Analysis: GOLD And USDCAD
November 25th, 2016
Elliott Wave Analysis: GOLD And USDCAD GOLD On the intraday chart of GOLD we are observing a part of a higher degree impulsive wave taking place, that seems to be as of recent intraday activity acomplished. The reason we ...
Elliott Wave Analysis: S&P500 and AUDUSD
November 24th, 2016
Today some would expect a slow price move as some markets will be closed in US in observance of Thanksgiving Day. However, from my experience over the last few years I know that market was moving quite fast and ...
Elliott Wave Analysis On USDJPY And GOLD
November 23rd, 2016
USDJPY A strong rally on USDJPY last week above 106.00 suggests that market is in a bigger and more complex recovery which can be wave B of a higher degree as shown on a daily chart. If that’s the ...
Elliott Wave Analysis On S&P500 And AUDUSD
November 22nd, 2016
Elliott Wave Analysis On S&P500 And AUDUSD S&P500 Stocks are higher across the board, with E-mini S&P500 breaking to a new all-time high while DAX is still somehow consolidating. However, we think that DAX can join the trend as ...