Archives
German DAX and S&P500 Looking for A Drop
May 18th, 2018
German DAX can be trading at the end of a bigger, five-wave impulse labelled as wave 5. Wave 5 has already unfolded five of its legs, meaning a bearish reversal can be around the corner. Also, we see Fibonacci ...
Elliott wave Analysis: USDMXN Aiming For 20.000
May 9th, 2018
Elliott wave Analysis: USDMXN Aiming For 20.000 On the daily chart of USDMXN we can see that price may be trading in a bigger, three-wave recovery as part of a bigger corrective retracement. We labelled this retracement as ...
Elliott wave Analysis: Triangle Can Point Higher on BTCUSD
May 3rd, 2018
Bitcoin is still moving slow and sideways. More and more looks like a EW triangle pattern, which is typical in EW theory for a wave 4. So, be aware of a drop for wave (E) to complete a corrective ...
Elliott wave Analysis: BTCUSD and EURJPY
April 30th, 2018
BTCUSD can be unfolding a three-wave (A)-(B)-(C) correction, where price can currently be falling exactly from 9500 resistance level and 78,6% Fibo. retracement into wave (C) towards projected 8400 level. There a new bounce can be seen. ...
Elliott wave Analysis: USDCAD and AUDUSD Update
April 26th, 2018
USDCAD is turning down from 1.2900 area as expected after a completed five sub-waves up within an extended wave three, therefore a new three wave set-back is now in play for wave four which can retrace even ...
Elliott wave Analysis: AUDNZD and GBPUSD Updates
April 17th, 2018
AUDNZD was unclear and complex the last few days, but currently we see a very interesting corrective a-b-c structure in which wave c might have completed an EW ending diagonal. If we get a bounce with five ...
Elliott wave Analysis: Triangle Correction on EURUSD Points Higher
April 12th, 2018
On EURUSD we are looking at an Elliott wave triangle correction in the making within wave four. A triangle pattern is a five-wave overlapping movement, which usually unfolds prior to the final wave within a bigger trend. In ...
South Australian day trader sentenced for market manipulation
April 11th, 2018
Stefan Mark Boitcheff of South Australia, has been convicted and sentenced after pleading guilty to two market manipulation-related charges in the District Court of South Australia. Mr Boitcheff was last week sentenced to one year and nine months imprisonment, ...
Euro and British pound rose, Stocks fluctuated in Asia; These are the main moves in markets
April 11th, 2018
Stocks fluctuated in Asia and Treasuries edged higher amid a lack of fresh impetus as an easing of trade tensions paved the way for investors to turn to key U.S. inflation data due Wednesday. The dollar steadied as traders ...
EUR vs CAD
April 11th, 2018
On Friday I posted a new video analysis, talked about EUR vs CAD based on recent developments on EURUSD, USDCAD, and Crude Oil. I came out with a conclusion that bounce can be seen on EURCAD which can be ...
