Archives
GOLD and EURGBP Intra-day look – Elliott wave analysis
March 6th, 2020
Gold is in an uptrend, now unfolding a final five-wave move within a wave 5, which can face a top in the near future. Wave 5 is also an impulse, so it has to be structured by five legs, ...
Elliott wave analysis: USDCAD In a Bullish trend
February 24th, 2020
USDCAD may have ended a three-wave, A)-B)-C) correction within a bigger wave 2 at the 1.294 level, from where a new rise started developing. Rise is sharp and impulsive, so this suggests further upside, especially if 1.3330 are is ...
NZDUSD (KIWI) Taking The Bearish Road – Elliott wave analysis
February 17th, 2020
NZDUSD is in a clear, bearish pattern down from 0.674 high, now trading in the middle of an impule. We labelled waves 1-2 and 3 already completed, so latest recovery from the 0.6377 lows can be only a wave ...
Stocks and XXX/JPY Looking for A Final Rally Higher – Elliott wave analysis
February 11th, 2020
Stocks are back at the highs as expected, after we identified latest retracement as a corrective leg. Ideally the German DAX and SP500 futures are now in their fifth waves, so we may expect a top this week after ...
Bitcoin Can Be Finishing A Five-Wave Cycle
February 6th, 2020
BITCOIN (BTCUSD) is approaching very important and psychological 10k target area and what is very interesting is that from the Elliott wave perspective, it is clearly finishing five waves up, which means that we have to be aware ...
10 Year US Notes Points Higher – Elliott wave analysis
February 5th, 2020
10 year US Notes is clearly bullish, unfolding a five-wave move from October of 2018 lows. We see a possibly completed wave (4) at the 127’30 level, from where price started recovering again. We also see a ...
The daily and 4h view of USDJPY
January 28th, 2020
USDJPY is trading in a bigger triangle correction on the daily chart and is ending a leg D with its three sub-waves. We see a possibly completed sub-wave C) of D near the 110.3 region, from where price ...
GBPUSD Looking Bearish in 2020 (video) – Elliott wave
January 9th, 2020
GBPUSD pair can be ending a triangle correction within the wave B). Potential resistance/turning point area for leg E can be at the upper side of the upper triangle line at 1.34/1.36 zone, from where we can already see ...
Both AUDUSD and Hang Seng Turning Bearish – Elliott wave analysis
November 29th, 2019
AUDUSD made a five-wave move to the downside from 0.693 area where a former corrective wave b found a top. This drop in five waves, and the break below the trendline connected from 0.667 low is now a ...
Bulls On GBPUSD Can Soon Slow Down! – Elliott Wave analysis
November 19th, 2019
The most probable scenario for the GBPUSD pair can be an expanding triangle correction within the wave B), with price currently unfolding its final leg E. Potential resistance/turning point area for leg E can be near the 1.308/1.330 ...
