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Elliott wave Analysis: EURCAD Breaking Higher, And AUDNZD Showing A Bearish Path

May 9th, 2019 (0)
  EURCAD can be showing early evidences of a completed complex correction within higher degree wave b as part of a three-wave a-b-c reversal. A suggestion that the triangle pattern in wave b is completed is a break above ...

Elliott Wave Analysis: Litecoin and DASH Are Looking Bullish

May 7th, 2019 (0)
  Litecoin is already rising in an impulsive fashion within five waves, which suggest that the bottom at 22.50 level can be in place. Well, after that slow and corrective decline back to 38,2% Fibonacci retracement which is ideal ...

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: Silver Can Be At The End Of A Big Triangle Pattern

April 25th, 2019 (0)
Silver moved lower this week but found a support at 14.70 where trendline of previous two swing lows caused a bounce. Actually, this trendline can be part of a wedge, maybe even an ending diagonal for wave C of ...

Elliott wave Analysis: CORN and USDMXN Intra-day Look

April 2nd, 2019 (0)
Corn made a nice impulsive drop from the 375 level, confirming that minor wave ii found resistance, and that wave iii is in play. Wave iii is the strongest and firmest of the five waves, which means even more ...

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: EURUSD and USDJPY Update

March 21st, 2019 (0)
We have seen a sharp drop of the USD yesterday following FOMC decision and press conference. EURUSD moved up to 1.1450, supported by GOLD and OIL while stocks firstly rallied, but then quickly slowed down. This event just caused ...

EURAUD, EURCAD Both Looking Bearish – Elliott wave Analysis

March 19th, 2019 (0)
EURAUD made a break out of a corrective channel line which was connected from twelve of March. We see this impulsive break as a suggestion that a higher degree wave b correction had ended at the 1.605 level, and ...

Elliott wave Analysis: USDJPY and GOLD Update

March 7th, 2019 (0)
    On the USDJPY we are looking at a higher degree wave A in play, which is a motive wave, and thus must be structured by five sub-waves. We can see that price made a nice leg up ...
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