Search Results for: IoT
Elliott Wave Analysis: XXX/JPY Pairs Are Ready To Get On The Bullish Track!
June 25th, 2019
USDJPY just broke lower out of a triangle, however triangles suggest the final leg »v« before a reversal, because a triangle occurs in wave »iv«, so do not be surprised if we see a strong bullish turn soon since ...
Elliott Wave Analysis: Silver Looking Lower, while GBPNZD In for More Gains!
June 24th, 2019
Like gold, silver can also be trading at the start of a third leg to the downside, which can be labelled as wave C) of 3). Either way we believe more weakness may follow on metal, especially since ...
Elliott Wave Analysis: USDCHF and USDCAD; Bears Are On The Move!
June 21st, 2019
USDCHF is in a bearish, extended move from the 1.002 area, where a previous, bigger correction had ended. We are tracking a five-wave, impulsive cycle, with pair trading at the end of a minor pullback, wave 4, that ...
Elliott Wave Analysis: USDCAD, Crude Oil and GOLD Sharp Movements!
June 20th, 2019
USDCAD is on the move with a clear impulse down from 1.3429 level so a five-wave decline is what we expect towards 1.3150/1.3100 area in the upcoming sessions. But at the same time, we must look what oil ...
Elliott Wave Analysis: Gold and USDTRY Are Looking Strong!
June 11th, 2019
Stocks remain in strong uptrend, but we may see some pullbacks, especially if we consider a 5th wave on S&P500. The main reason for a potential pullback can be that support on gold, right at the 38,2% Fibo. ...
Elliott Wave Analysis: Ripple Doesn’t Show Any Bullish Signs, Yet!
June 6th, 2019
Ripple is trading sideways for a long time despite bullish turn on many major cryptocurrencies, so we still think that the bottom is not in place yet, especially because of Ripple logarithmic scale chart, which has the same ...
Elliott wave Analysis: NZDUSD Is Recovering Sharply, While Oil Goes With The Bears
June 4th, 2019
NZDUSD has turned up last week, exactly from the lower trendline support of a wedge pattern which appears completed now after a nice breakout. Recovery was also sharp so it looks like a part of an uptrend that may ...
Elliott wave Analysis: EURCAD Breaking Higher, And AUDNZD Showing A Bearish Path
May 9th, 2019
EURCAD can be showing early evidences of a completed complex correction within higher degree wave b as part of a three-wave a-b-c reversal. A suggestion that the triangle pattern in wave b is completed is a break above ...
Elliott Wave Analysis: Litecoin and DASH Are Looking Bullish
May 7th, 2019
Litecoin is already rising in an impulsive fashion within five waves, which suggest that the bottom at 22.50 level can be in place. Well, after that slow and corrective decline back to 38,2% Fibonacci retracement which is ideal ...
Elliott wave Analysis: USDJPY, GBPUSD and GBPJPY Intra-day Updates
May 3rd, 2019
USDJPY can be unfolding a minor correction within an upcoming recovery, down from 111.66 level, where wave a/I found a temporary top. Current wave b/ii correction can look for support and a bullish reversal around the Fibonacci ratio of ...
