Search Results for: IoT
GBPAUD May Continue Lower After a Recovery – Elliott wave Update
August 19th, 2020
GBPAUD is in a downtrend, as we see a sharp fall in impulsive price activity from 2.085 high. We are tracking a so-called impulse, a move that is structured by five waves, where two of them are corrections: ...
LTCUSD In A Temporary Pause – Elliott wave analysis
August 12th, 2020
LTCUSD is recovering with five waves, up from end of June. We see waves i, ii and iii completed so far, so latest pullback can be part of a corrective wave iv, that can look for support/bullish turn at ...
Elliott wave analysis: Copper in An Uptrend
August 5th, 2020
Copper can be unfolding a bigger, five-wave recovery, up from March of nineteen of 2020. Now price can be trading into final stages of a higher degree wave 3 of a bullish cycle, up from 2.364 level, so be ...
Silver on A Bull Run! – Elliott wave analysis
July 27th, 2020
Silver is recovering with impulsive price action from 11.60 lows. We see waves 1 and 2 as completed, so current price activity from 14.48 level can belong to a wave 3 of a higher degree. Wave 3 is ...
S&P500 Already in A Bearish Reversal – Elliott wave analysis
July 27th, 2020
Stocks are turning down for the last few sessions, with an aggressive sell-off on SP500 beneath the lower trendline of an ending diagonal which now looks like an impulsive reversal. As such, even more weakness can be seen, but ...
Silver and AUDNZD Update – Elliott wave analysis
July 15th, 2020
Silver is nicely recovering following a completed higher degree C) move at the 11.60 level. We can see a five-wave rally in play, where latest intra-day recovery out of a wave 4 triangle can be final within an ...
Interesting Pattern on 10 Year US Notes Points Higher – Elliott wave
July 15th, 2020
10 Year US notes are trading in an uptrend since the last quarter of 2018 and unfolding a big, five-wave cycle. We specifically see price trading at the end of a triangle correction in wave (4), therefore be ...
GBPAUD Showing Evidence of a Bearish Resumption – Elliott wave analysis
July 13th, 2020
On the weekly chart of GBPAUD we see price sharply declining, down from 2.08 high, after a sideways, choppy movement from October lows of 2016. Also, price is breaking below the lower corrective channel line which is evidence that ...
Elliott Wave Analysis: EUR/GBP In Bearish Reversal
July 6th, 2020
EURGBP started firmly dropping from the 0.918 level (also level of a Fib. ratio of 61.8), giving us first signs of a possibly completed A-B-C move in a higher degree wave B) correction. We are now observing a minimum ...
USDCAD and NZDUSD Elliott wave analysis
June 24th, 2020
USDCAD started rallying from the 1.3312 low, indicating that wave C) of a higher degree is completed, and that a minimum three-wave turn is underway. We labelled a completed first leg A/1 at the 1.368 level, which can ...
