Search Results for: BP

Bulls On GBPUSD Can Soon Slow Down! – Elliott Wave analysis

November 19th, 2019 (0)
  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 ...

Elliott Wave Update: GBPJPY Can See More Upside Near-term!

October 30th, 2019 (0)
  GBPJPY unfolded a five-wave drop from the 200.0 region which is now being followed by a contracting development, a wave B triangle. A triangle is a continuation pattern, and unfolds prior to the final leg, so be aware ...

Interesting Correction Pattern on GBPUSD Points Lower – Elliott Wave

October 28th, 2019 (0)
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 region. ...

Natural gas and GBPCAD Mid-term Look – Elliott Wave

September 4th, 2019 (0)
Natural gas made a big five-wave decline from the 5.00 psychological lvl., and in the final part of this impulse unfolded a potential EW ending diagonal within wave five, with support near the 2.03 area. If that is the ...

Elliott Wave Analysis: GBPUSD Can Go Bullish Berserk From 1.250!

June 27th, 2019 (0)
Higher degree trend is bearish on GBPUSD, but price activity since December 2018 is overlapping, thus corrective. We are observing a three-wave correction (A)-B)-C)) in progress from the lows, with price currently unfolding start of leg C), that can ...

Elliott Wave Analysis: Silver Looking Lower, while GBPNZD In for More Gains!

June 24th, 2019 (0)
  Like gold, silver can also be trading at the start of a third leg to the downside, which can be labelled as wave C) of 3). Either way we believe more weakness may follow on metal, especially since ...

Elliott wave Analysis: USDJPY, GBPUSD and GBPJPY Intra-day Updates

May 3rd, 2019 (0)
USDJPY can be unfolding a minor correction within an upcoming recovery, down from 111.66 level, where wave a/I found a temporary top. Current wave b/ii correction can look for support and a bullish reversal around the Fibonacci ratio of ...

Elliott wave Analysis: Crude oil and GBPUSD Intra-day View

April 30th, 2019 (0)
  Crude OIL can be unravelling a sharp correction, with energy now trading within sub-wave C of B)/2), with possible resistance area around the Fibonacci ratio of 50.0 or 61.8 (65.0/65.4 area). At the mentioned region we also see ...

Elliott wave Analysis: GBPUSD and Silver Intra-day Update

March 27th, 2019 (0)
Cable is doing quite well. After a five-wave rise into wave A away from 1.3000 level, we can see a slow three-wave a-b-c corrective decline in wave B, from where we may see a bullish continuation for wave C ...

Elliott wave Analysis: EURAUD and GBPNZD Sharing A Bullish Correction

March 5th, 2019 (0)
EURAUD is currently unfolding a bigger, complex correction, up from midpoint of January when a five-wave decline had fully unfolded its five-wave drop. We are now observing a complex pullback in play, a double-zig zag to be exact, which ...
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