USD JPY, “US Dollar vs Japanese Yen” Yen has broken the critical level and finished the impulse in the wave [c] of the zigzag in the wave X. Consequently, the correction is moving to a higher level. In the nearest future, the pair may start forming the descending wave (i...
GBP USD, “Great Britain Pound vs US Dollar” As we can see at the H1 chart, Pound has formed the zigzag in the wave (v), the bullish impulse in the wave (a), and then the wave (b). It’s highly likely that in the nearest future the pair may grow and finish the fourth wave of the wave (c) of [ii]...
GBP USD, “Great Britain Pound vs US Dollar” After finishing the descending diagonal triangle, Pound started the correction. Later, the price formed the ascending impulse in the wave (a) and the correction (b). In the future, the pair may complete the wave (c...
EUR USD, “Euro vs US Dollar” Last week Eurodollar completed the descending impulse in the wave 3 or C. In the nearest future, the pair may continue forming the wave [c] of the current correction. Later, after finishing it, the price may try to resume its growth...
AUD USD, “Australian Dollar vs US Dollar” It's highly likely that Australian Dollar has finished the correctional wave 4. On the minor wave level, the pair has formed the double zigzag in the wave [y] and the impulse in the wave (i...
Talking Points: GBPUSD Technical Strategy: Bullish Elliottwave Count: Possibly we are in next bullish wave for Wave C in weekly time frame. We are expecting a weekly trend might reverse at this juncture...
Talking Points: CADJPY Technical Strategy: Bearish Elliottwave Count: Flat Correction for wave c of b Upcoming major events: CAD – Employment Change (Nov), CAD-Ivey PMI (Nov) We are tracking two count at this moment...
W1 price is located above 200 period SMA (200 SMA) and 100 period SMA (100 SMA) for the primary bullish with secondary ranging between Fibo support level at 116.13 and resistance level at 125.85: Fibo resistance level at 123...
Eurodollar, the correction continues. It looks like the pair is about to complete the fourth wave in the wave 3. In the future, the pair may resume falling in the wave [v] of 3 and break the local minimum...
Pound, after finishing the wave [ii], the pair has started forming the bearish wave [iii]. In the future, the price may continue falling and break the minimum of the wave [i]...
pair may continue growing in the wave (v) of the bullish extension in the wave [iii]. Later, the pair is expected to start the correctional wave [iv] of 5, which may take quite a lot of time...
H1 chart, the price may complete the wave (y) in the form of the zigzag. On the minor wave level, the pair has finished the bullish impulse in the wave c of (y). Possibly, the market may form the bearish impulse in the wave [iii] during the day...
Australian Dollar is about to finish the wave [ii], which is taking the form of the double zigzag. Probably, in the nearest future the pair may complete the wave (y). Later, after finishing the descending impulse in the wave [iii], the pair may resume its descending movement...
Talking Points: GBPNZD Technical Strategy: Bearish Elliottwave Count: Wave 3 is in process Upcoming major events: GBP-Construction PMI (Nov) We have eliminated our alternate count and counting bearish count...
The price is on bullish market condition for the secondary ranging within the following key reversal support/resistance levels: 195.86 resistance level located above 100 period SMA (100 SMA) and 200 period SMA (200 SMA) in the primary bullish area of the chart, and 174...
After completing the wave (ii), Pound has started falling in the wave (iii) of [iii]. Later, the market is expected to continue falling in the third wave. Earlier, the price formed the diagonal triangle in the wave (c) thus finishing the wave [ii]...
Talking Points: CADJPY Technical Strategy: Temporary Bearish Elliottwave Count: Flat Correction for wave Upcoming major events: JPY-Retail Sales (YoY) (Oct), CAD-GDP (MoM) (Sep) We are holding bullish long term count...
W1 price is located below 200 period SMA and 100 period SMA for the primary bearish with secondary ranging between 0.6084 Fibo support level and 0.6896 Fibo resistance level: Symmetric triangle pattern was formed by the price to be crossed for direction. If the price breaks 0...
CAC 40 price is located to be above 100 SMA/200 SMA for the primary bullish market condition: "The index has experienced a fresh round of bullish momentum based on the most recent statements from the ECB suggesting that the central bank may exapand their current QE program...
