Archives
Crude OIL Trapped In A Triangle
March 3rd, 2016
Crude oil is trading sideways since mid-of February in 28.50-36.00 range that has a corrective personality so we assume its big wave four in progress. It can be a triangle, a five wave pattern that can send price to ...
USDJPY : Correction Within Downtrend
March 2nd, 2016
USDJPY can be moving even lower for the next few days, so we adjusted the wave count, but we are still tracking a corrective blue wave 4-circled that can be even a flat correction, rather than a double zigzag. ...
German DAX Could Be Facing A Reversal
February 26th, 2016
German DAX has been trading south for the last few weeks but it can be only a temporary weakness if we consider that big trend is up after a three wave drop from April high to September low at ...
Elliott Wave Morning Review For EURUSD, GBUSD & USDJPY
March 9th, 2015
The USD moved sharply to the upside on Friday after better than expected NFP figures, but some of those waves are now reversing. We can see some recovery on EUR, GBP, AUD and others but this may be just ...
EURUSD Looks To Break Range, GBPUSD Near Resistance
February 25th, 2015
USD fell sharply yesterday during chair Janet Yellen’s testimony. Yellen was not that hawkish as most of speculators expected, so market made some intraday shifts in trend. We have seen strong leg down on USDJPY as 10 year US ...
Elliott Wave Market Overview: EUR, GBP, WTI, DAX
January 13th, 2015
Elliott Wave Market Overview: USD is still consolidation on several major pairs, but sooner or later larger trends should resume. EURUSD and GBPUSD can still be trapped in fourth waves from where we will be looking for a break ...
