Search Results for: IoT
Crude oil and NZDUSD Aiming for Weaker Prices – Elliott wave Analysis
August 9th, 2018
Crude oil is moving sharply lower after a very nice technical reaction lower from the upper channel resistance line that put highs in play for sub-wave 2) at 69.85. If that is the case, then current drop is part ...
Elliott wave Analysis: Tesla, USDNOK and EURUSD
August 2nd, 2018
Tesla jumped around 10% today and as expected, it remains trapped in a bullish triangle corrective pattern, as long as it’s trading above 245 region. However, we think that Tesla may stay sideways here to complete waves D and ...
Elliott wave Analysis: AUDUSD and S&P500
July 25th, 2018
Aussie can be unfolding a complex correction within wave 4, which looks more and more as a triangle pattern. A triangle pattern is a five-wave, sideways movement which unfolds prior to the final leg within a trend, so once ...
Gold and USDJPY Intra-day view – Elliott Wave analysis
July 19th, 2018
Gold fell as expected, down into our Fib. projected support levels for wave v of iii) where bears may slow down, but not for long as new upcoming bounce will again be seen as a corrective rally within ongoing ...
Nasdaq and NZDUSD Intra-day Looks – Elliott wave Analysis
July 5th, 2018
As expected, Nasdaq is still looking for more weakness since we have seen a sharp drop from 7130 resistance level. Currently can be consolidating before a continuation lower towards new lows, especially if price breaks channel support line and ...
USDCAD and USDCHF – Elliott wave Analysis
June 28th, 2018
USDCAD is falling, unfolding final leg as wave c of a bigger three-wave correction. Support for this correction can be around the 1.3204 level, level of a former swing high and 1.3218 area where Fibonacci ratio of 38.2 can ...
AUDUSD Is Bearish – Elliott wave Analysis
June 13th, 2018
Today let’s look at AUDUSD, its daily and lower degree charts. AUDUSD is trading bearish this year, ideally unfolding a five-wave drop from 2018 highs as part of a big bearish cycle. Reason we favor a bearish view more ...
Elliott Wave Analysis: NZDJPY Is Showing A Bearish Set-up
June 8th, 2018
NZDJPY was trading sideways last year, but this year it’s showing us that Bears can take the lead. We want to show you, how we recognize a clear pattern and the wave structure, based on Elliott wave theory. ...
Elliott wave Analysis: USDMXN Aiming For 20.000
May 9th, 2018
Elliott wave Analysis: USDMXN Aiming For 20.000 On the daily chart of USDMXN we can see that price may be trading in a bigger, three-wave recovery as part of a bigger corrective retracement. We labelled this retracement as ...
Elliott wave Analysis: Triangle Can Point Higher on BTCUSD
May 3rd, 2018
Bitcoin is still moving slow and sideways. More and more looks like a EW triangle pattern, which is typical in EW theory for a wave 4. So, be aware of a drop for wave (E) to complete a corrective ...
