Search Results for: Abe
USDJPY Completing A Pullback and Turning Higher – Elliott wave
May 18th, 2020
USDJPY made a sharp rise from the 101.16 level, following a completed A-B-C move into a leg Y of C), which is part of a bigger triangle correction. We labelled recent rally as A of D), which is completed ...
Geopolitics post COVID-19
May 7th, 2020
Before the coronavirus caused governments to impose lockdowns, whole economies, markets and even currencies were already on course to be destroyed by a vicious downturn in bank lending at a time of contracting trade and record debt. The ...
Crude oil and German BUND Look – Elliott wave analysis
May 4th, 2020
Crude oil extended its drop, down from 33.0 swing high, and fully unfolded a fifth wave of 3. Afterwards we have seen a new rally in minor five waves labelled as sub-wave A), up from the lows, which is ...
Interesting pattern on USD/CHF points higher – Elliott wave analysis
March 27th, 2020
On the weekly chart of USD/CHF, we can see that price was for the last five years making a sideways, and overlapping price activity; an Elliott wave running triangle in B. This triangle can now be completed based on ...
Payments panic and the ending of fiat currencies
March 24th, 2020
The unilateral response from governments to the coronavirus is to helicopter money to people and their businesses in unlimited quantities. Their priority is to keep the debt-driven Keynesian show on the road, and policy makers are approaching the task ...
USDCAD In A Bullish Trend – Elliott wave analysis
March 23rd, 2020
USDCAD ended a three-wave, A)-B)-C) correction within a bigger wave 2 at the 1.294 level, from where a new rise started developing. Rise is sharp and impulsive so this suggests further upside. We see a five-wave move in the ...
NZDUSD (KIWI) Taking The Bearish Road – Elliott wave analysis
February 17th, 2020
NZDUSD is in a clear, bearish pattern down from 0.674 high, now trading in the middle of an impule. We labelled waves 1-2 and 3 already completed, so latest recovery from the 0.6377 lows can be only a wave ...
The daily and 4h view of USDJPY
January 28th, 2020
USDJPY is trading in a bigger triangle correction on the daily chart and is ending a leg D with its three sub-waves. We see a possibly completed sub-wave C) of D near the 110.3 region, from where price ...
GBPUSD Looking Bearish in 2020 (video) – Elliott wave
January 9th, 2020
GBPUSD pair can be ending a triangle correction within the wave B). Potential resistance/turning point area for leg E can be at the upper side of the upper triangle line at 1.34/1.36 zone, from where we can already see ...
Bulls On GBPUSD Can Soon Slow Down! – Elliott Wave analysis
November 19th, 2019
The most probable scenario for the GBPUSD pair can be an expanding triangle correction within the wave B), with price currently unfolding its final leg E. Potential resistance/turning point area for leg E can be near the 1.308/1.330 ...
