Search Results for: IoT
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 ...
Crude Oil Is Recovering Slowly, and Steadily – Elliott Wave Analysis
January 10th, 2019
On energy we see price recovering in an impulsive manner, ideally unfolding a bigger three-wave reversal. With current rally from the 42.46 level comes an indication that a low had been put in place for a former higher degree ...
Elliott wave Analysis: NZDUSD and EURAUD
January 7th, 2019
Kiwi can be ending a five-wave cycle within an ending diagonal here, which means that NZDUSD is bullish now, but be aware of a deeper three-wave a-b-c decline before a continuation higher, where ideal support would be around previous ...
Elliott wave Analysis: German DAX and Bund Update
December 21st, 2018
These days we have to keep an eye on stock market as indexes are trading around those January/February 2018 low, that can play a very important role regarding the next move. I assume that bounce may occur, at least ...
Elliott wave Analysis: Triangle on USDMXN Points Higher, while AUDUSD Turned into a Temporary Correction
December 14th, 2018
USDMXN is trapped in a consolidation for the last 4 weeks that looks like a triangle in fourth wave. It’s an A-B-C-D-E path with sub-wave E around the corner, so ideally real break higher will be seen next ...
Natural gas and EURGBP Update – Elliott wave Analysis
December 10th, 2018
Natural gas was trading sideways since mid November till December, unfolding an overlapping pattern, which is in Elliott wave terminology known as a triangle correction. A triangle has five legs, and each of them has three more minor ...
Bulls Pushing AUDUSD Into a Bullish Cycle, while S&P500 Trading in A Correction – Elliott wave Analysis
December 4th, 2018
Aussie can be trading in a three-wave recovery from the lows, with current rally from the 0.719 level representing sub-wave 1 as part of a bigger leg C). Leg C) is a motive wave, meaning it is structured by ...
Elliott wave Analysis: USD Index, EURUSD and USDJPY Intra-day View
November 28th, 2018
We are looking at USD Index, EURUSD and USDJPY and what we see is a quite big retracement, but we may still see a reversal, which means that USD may drop hard, if we consider this nicely connected »corrective« ...
Elliott wave Analysis: EURAUD and GBPAUD Update
November 21st, 2018
EURAUD still looks corrective in wave 4) here. Why? Base channel support line acts as a resistance, also ideal resistance around previous wave iv and ideal 38,2% Fibo. retracement. The only thing is that corrective rally looks too sharp, ...
