Search Results for: IoT
Elliott wave Analysis: EURGBP and USD Index
November 16th, 2018
Overall euro is trying to recover, so we are observing some of bullish developments against weak currencies like pound. There was a nice pop-up in price in the last 48 hours which is looking very aggressive so it is ...
Elliott wave Analysis: EURJPY and GBPUSD Update
November 15th, 2018
EURJPY is turning down from 129.22 level, but in overlapping fashion which gives us thinking that maybe wave 1 is unfolding an Elliott wave leading diagonal which can look for support and a bullish reversal near the ...
Elliott Wave Analysis: EURJPY, Crude oil and USDCAD Intra-day Movements
November 12th, 2018
Probably the most interesting pair for JPY trade is EURJPY which is rolling down in five waves from 130.00. It’s a nice looking wave structure that also took price out of an upward channel so more weakness is expected ...
Elliott wave Analysis: Bears on EURAUD Taking Over
November 7th, 2018
EURAUD is falling strongly from 1.636 high, suggesting that a bigger bullish cycle found a top, and that a new minimum three-wave reversal to the downside is in play. We labelled a wave A in play, where we are ...
Elliott wave Analysis: GOLD and German DAX Update
October 30th, 2018
Gold has turned nicely to the upside at the end of September, after a full completion of a corrective wave B which found a base at the 1180 level. We can see that precious metal unfolded a five-wave rally ...
USDCAD and AUDUSD Can Face A Reversal – Elliott wave Analysis
October 16th, 2018
USDCAD made a nice drop down from 1.2996 level, where corrective wave iv as part of an ending diagonal had ended. Current weakness we now see as sub-wave v of C, which can look for support near the 1.2925 ...
USDCAD and USDCHF Aiming Higher – Elliott wave Analysis
October 9th, 2018
USDCAD is making an aggressive turn from 1.2800 area, now already back above 1.2900 so we are considering that bottom can already be in place. We see wave 1) as part of a bigger, bullish cycle completed, and now ...
Elliott wave Analysis: Triangle Finished on Crude Oil; More Upside in View
October 1st, 2018
Crude oil has recently fully unfolded a triangle correction in blue wave 4, which found support near the 67.00 area and from there broke higher. We can see a decisive break above the upper triangle line, which confirms a ...
USDCAD Slowing Down, while Gold Ticking Higher – Elliott wave Analysis
August 20th, 2018
USDCAD is currently reversing down from 1.3090 level which looks to be wave b of a three-wave correction from the lows. That said, current drop may look for support and later make a new bounce into wave c of ...
Elliott wave Analysis: NZDUSD Is Stopping for A Pullback; More Weakness Expected
August 17th, 2018
NZDUSD is trading lower, unfolding a new five-wave drop out of a triangle correction located at 0.6834 level. We see three waves to the downside completed, meaning a new temporary three-wave rally can follow as wave 4. We already ...
