Archives
BITCOIN Is Still Dominating In The Crypto Market
November 1st, 2019
BITCOIN and most of the ALTcoins have seen a deeper decline in the last couple of months, mainly because BTC have been losing its dominance. But, after that strong BTCUSD bounce, seems like BTC Dominance is back, especially if ...
Elliott Wave Update: GBPJPY Can See More Upside Near-term!
October 30th, 2019
GBPJPY unfolded a five-wave drop from the 200.0 region which is now being followed by a contracting development, a wave B triangle. A triangle is a continuation pattern, and unfolds prior to the final leg, so be aware ...
Elliott Wave Analysis: Aussie Still Points Lower
October 29th, 2019
AUDUSD is in a downtrend for the last 10 months, but not in an impulsive one so we think this can be wave B) of an irregular correction. However, this wave B) has still some room left for ...
Interesting Correction Pattern on GBPUSD Points Lower – Elliott Wave
October 28th, 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 region. ...
Will Risk-off Continue? Elliott Wave on GOLD and SP500
October 3rd, 2019
Gold and silver are moving higher after another weak US data; weakest ISM non-manufacturing report in 3 years! We see them breaking to the high of the day, but it can be fifth wave moving into Elliott Wave ...
USDJPY Update – Elliott Wave Analysis
September 19th, 2019
On USDJPY we are tracking part of a bigger triangle correction which can be fully visible on the weekly chart but is still incomplete. We were tracking a three-wave reversal down from 114.54; a move that can be coming ...
Elliott Wave Analysis: S&P500, German DAX and USDNOK Intra-day Updates
September 18th, 2019
E-mini SP500 futures are slightly turning down at the start of the US sessions, but may not be nothing exciting ahead of the FOMC decisions when real bears may show up if our technical view is correct. German Dax ...
USD Index Preparing for A Turn Lower? Early Weakness Gives a Hint – ELLIOTT WAVE
September 10th, 2019
USD Index is trading bullish from end of 2017. We labelled a five-wave recovery from the lows, with the final piece of this rise being an Elliott wave ending diagonal. Potential top for this pattern can be near the ...
Natural gas and GBPCAD Mid-term Look – Elliott Wave
September 4th, 2019
Natural gas made a big five-wave decline from the 5.00 psychological lvl., and in the final part of this impulse unfolded a potential EW ending diagonal within wave five, with support near the 2.03 area. If that is the ...
XXX/JPY Crosses Going Higher as Stocks and Oil Looking BULLISH – Elliott Wave
August 28th, 2019
AUDJPY looks to be recovering after a bigger, five-wave drop from end of June, which found a base at the 69.95 level. We know that after a five-wave drop, a three-wave pullback is expected to follow, which means an ...
