Archives
Elliott Wave Analysis: Triangle Point Lower On The AUDUSD
September 20th, 2016
Elliott Wave Analysis: Triangle Point Lower On The AUDUSD On the daily chart of AUDUSD we are observing big consolidation pattern in fourth wave which is definitely not a simple one. It’s a very complex structure that is underway ...
Elliott Wave Analysis: USD Index Trading Within A New Uptrend
September 19th, 2016
On USD index daily chart we can see a big sideways pattern since start of 2015; slow and overlapping price action with a personality of a contra-trend movement that looks completed. We see it as a flat correction in ...
Elliott Wave Analysis: GBPUSD Undergoing A Complex Correction
September 16th, 2016
Elliott Wave Analysis: GBPUSD Undergoing A Complex Correction GBPUSD is turning down from 1.3447 through trendline support connected from 1.2866 low which suggests that pair will remain trapped in a contracting range. An updated count now shows a triangle ...
Elliott Wave Analysis On Crude OIL And USDJPY
September 15th, 2016
Elliott Wave Analysis On Crude OIL And USDJPY Crude OIL Crude oil fell nicely yesterday, into a new impulsive pattern from 46.50 swing high, that we see it as wave C)/3) that belongs to a bigger bearish correction. Well, ...
Elliott Wave Analysis: USDCAD In A Temporary Bullish Rally
September 14th, 2016
Elliott Wave Analysis: USDCAD In A Temporary Bullish Rally USDCAD has made a five wave of a decline from 1.4683 high which is a very strong evidence for a bearish trend. We are talking about black wave A/I, the ...
Elliott Wave Analysis On AUDUSD And USDCAD
September 13th, 2016
Good morning traders! Stocks and energy markets are down early this morning which puts some pressures on commodity currencies that are weakening at the moment against USD. It appears that AUD, NZD and CAD are in fifth wave ...
Elliott Wave Analysis On NZDUSD And GOLD
September 12th, 2016
NZDUSD NZDUSD is undegoing an impulsive fall from recent highs at the 0.7485 mark, where wave 5) found its top. As such we are now looking lower within a probable new bearish cycle, that may unfold in months ahead. ...
Elliott Wave Analysis On NZDUSD And EURAUD
September 9th, 2016
NZDUSD USD is mixed today, down against EUR, sideways against GBP but higher against AUD and NZD. We have seen some sharp turns on commodity pairs in the last 24 hours with more weakness in view for the next ...
Elliott Wave Analysis On Crude OIL And GOLD
September 8th, 2016
Crude OIL On the 4h chart of crude oil we can see a very deep retracement from 49.35 to 43.00 but still in three waves which means that it can be a corrective move. An updated count shows ...
Elliott Wave Analysis On Crude OIL And S&P500
September 5th, 2016
Crude OIL Crude oil is making a sharp bounce from 43.00 levels so we are now even more confident that deep retracement from August highs was corrective. It was made by three waves that appears completed now with current ...
