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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 ...

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 ...

Elliott wave Analysis: German DAX and BTCUSD

March 4th, 2019 (0)
On German DAX we are tracking a five-wave recovery in play, up from 11400 area, where blue wave iv found a base. At the moment we see price trading slow and choppy, ideally unfolding a minor correction within its ...

Elliott wave Analysis: GBPUSD Unfolding a Five-wave Rally, and DAX A Temporary Correction

January 29th, 2019 (0)
GBPUSD is recovering sharply from the 1.267 level, giving us a sign that corrective wave 2)/B) had ended, and that now wave 3) or C) is in play. In such case, a five-wave rally is expected to show up, ...

Elliott wave Analysis: USDCAD and USD Index Developments

January 22nd, 2019 (0)
USDCAD made a sharp bearish reversal down from 1.366 level, an impulsive wave A) to be specific which looks to have found a base at the 1.317 level. A recovery that followed from the lows can be part of ...

Elliott wave Analysis: NZDUSD and GBPNZD Update

January 18th, 2019 (0)
Kiwi is currently trading in a bigger, unfolding three-wave reversal down from the highs (0.684 level) with first leg a already completed. Rally that followed from the 0.673 level can be labelled a temporary pullback as wave b, which ...

Crude Oil Is Recovering Slowly, and Steadily – Elliott Wave Analysis

January 10th, 2019 (0)
On energy we see price recovering in an impulsive manner, ideally unfolding a bigger three-wave reversal. With current rally from the 42.46 level comes an indication that a low had been put in place for a former higher degree ...

Elliott wave Analysis: NZDUSD and EURAUD

January 7th, 2019 (0)
Kiwi can be ending a five-wave cycle within an ending diagonal here, which means that NZDUSD is bullish now, but be aware of a deeper three-wave a-b-c decline before a continuation higher, where ideal support would be around previous ...
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