Search Results for: IoT
Elliott Wave Analysis: USDCHF Looking for A Reversal Higher
January 20th, 2017
USDCHF was in a strong uptrend in the last few months of 2016, so recent sideways price move since mid-December is just another correction or pause within uptrend. We see it as wave 4) that seems to be unfolding ...
Elliott Wave Analysis: USDJPY, German Dax and EURGBP
January 19th, 2017
Elliott Wave Analysis: USDJPY, German Dax and EURGBP ECB press conference is now live with USD running to a bullish side while EUR is making lower levels, currently near 1.0600 while DAX turns back to daily highs. We see ...
Elliott Wave Analysis: Silver and Crude Oil
January 18th, 2017
Silver Silver is ticking higher, now very close to our triangle measurement projected level, near 17.25 where upside can be limited as we see metal in wave 5), final leg of a higher degree wave 1. Technically speaking, we ...
Elliott Wave Analysis: EURUSD
January 17th, 2017
EURUSD is turning sharply lower from the 1.1300 level where pair have accomplished a big and very long sideways pattern that was located in wave IV. It was a triangle which is now completed. A decisive break beneath the ...
Elliott Wave Analysis: GBPUSD and USDCAD
January 16th, 2017
Elliott Wave Analysis: GBPUSD and USDCAD GBPUSD Prime Minister Theresa May won endorsement from US President-elect Donald Trump over her Brexit course but sterling plunged on Monday on fears that Britain could be on a collision course with its ...
Elliott Wave Analysis: USDJPY and GBPUSD
January 12th, 2017
Elliott Wave Analysis: USDJPY and GBPUSD USDJPY is trading south this week but despite some strong legs down, we see market in a corrective phase of a wave four. We are tracking a second zigzag on hourly chart where ...
Elliott Wave Analysis: NZDUSD and EURGBP
January 11th, 2017
NZDUSD NZDUSD structure depict highly corrective price action in the complex pattern XWY. Slope and overlaps suggest this move up is only a pause in a higher degree downtrend and we expect a decisive break of the corrective channel ...
Elliott Wave Analysis: USDJPY and USD Index
January 9th, 2017
USDJPY USDJPY is in a strong bullish mode for the last few months so recent pullback down to 115.00 was just a temporary pause within an uptrend. We see this bearish activity as corrective wave 4, that seems to ...
Elliott Wave Analysis: Big Consolidation on AUDUSD Completed; More Weakness In View
January 4th, 2017
Elliott Wave Analysis: Big Consolidation on AUDUSD Completed; More Weakness In View On the Daily chart of AUDUSD we can see a big, sideways price movement, known also as a triangle pattern now completed. Recently as we can see ...
Elliott Wave Analysis: USDCHF Trading in An Impulse Of A Higher Degree; Wave 4 Is In Motion
January 3rd, 2017
On the Daily chart of USDCHF we are looking at a higher degree complex correction, a three wave A-B-C rise of wave IV, that seems to be in action since end of December of 2014. That said as we ...