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Elliott Wave Analysis: Metals Turning Bearish!

July 4th, 2019 (0)
Metals are approaching resistance areas, so be aware of a fifth wave ending soon on some of them; Gold and platinum, while copper may have already found a top, so its current recovery can be a minor corrective pause. ...

Elliott Wave Analysis: S&P500 Targeting 3000, while USD Index Breaking Down!

June 28th, 2019 (0)
SP500 is turning higher as expected, now breaking decisively above the upper channel line which is an indication of a completed three waves of a decline. We see a sharp and impulsive run higher which means more gains are ...

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: XXX/JPY Pairs Are Ready To Get On The Bullish Track!

June 25th, 2019 (0)
USDJPY just broke lower out of a triangle, however triangles suggest the final leg »v« before a reversal, because a triangle occurs in wave »iv«, so do not be surprised if we see a strong bullish turn soon since ...

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: USDCHF and USDCAD; Bears Are On The Move!

June 21st, 2019 (0)
  USDCHF is in a bearish, extended move from the 1.002 area, where a previous, bigger correction had ended. We are tracking a five-wave, impulsive cycle, with pair trading at the end of a minor pullback, wave 4, that ...

Elliott Wave Analysis: USDCAD, Crude Oil and GOLD Sharp Movements!

June 20th, 2019 (0)
  USDCAD is on the move with a clear impulse down from 1.3429 level so a five-wave decline is what we expect towards 1.3150/1.3100 area in the upcoming sessions. But at the same time, we must look what oil ...

Elliott Wave Analysis: Gold and USDTRY Are Looking Strong!

June 11th, 2019 (0)
  Stocks remain in strong uptrend, but we may see some pullbacks, especially if we consider a 5th wave on S&P500. The main reason for a potential pullback can be that support on gold, right at the 38,2% Fibo. ...

Elliott Wave Analysis: Ripple Doesn’t Show Any Bullish Signs, Yet!

June 6th, 2019 (0)
  Ripple is trading sideways for a long time despite bullish turn on many major cryptocurrencies, so we still think that the bottom is not in place yet, especially because of Ripple logarithmic scale chart, which has the same ...

Elliott wave Analysis: NZDUSD Is Recovering Sharply, While Oil Goes With The Bears

June 4th, 2019 (0)
NZDUSD has turned up last week, exactly from the lower trendline support of a wedge pattern which appears completed now after a nice breakout. Recovery was also sharp so it looks like a part of an uptrend that may ...
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