Talking Points: NZDUSD Technical Strategy: Temporary Bullish Elliottwave Count: Wave C is still due We were tracking to see correction compelete on .7200 area before downtrend resume. We still prefer this count and can not see any other alternate count...
AUD USD, “Australian Dollar vs US Dollar” The price is forming the extension in the wave [iii]. On the minor wave level, the price may continue falling in the wave (iii...
GBP USD, “Great Britain Pound vs US Dollar”Pound has finished the wave [ii]. Earlier, the price completed the descending wedge in the wave [i]. In the nearest future, the pair may finish the wave (c) of [iii] and start a local ascending correction...
EUR USD, “Euro vs US Dollar” Eurodollar is still forming the wave [b] of 4. Earlier, after finishing the diagonal triangle in the wave [v], the pair formed the ascending wave [a]. In the nearest future, the price may continue falling, but later it is expected to start growing in the wave [c] of 4...
USD JPY, “US Dollar vs Japanese Yen” After finishing the zigzag in the wave X, the price has formed the bearish impulse in the wave (i) and the correction in the form of the flat in the wave (ii). During the next several days, the market may continue falling in the wave (iii...
USD JPY, “US Dollar vs Japanese Yen” At H1 chart. It looks like after completing the wave v of (i), the market is being corrected in the wave (ii), which is taking the form of the flat. The price may finish the impulse in the wave c of (ii...
USD JPY, “US Dollar vs Japanese Yen” At the H4 chart, Yen has finished the descending impulse in the wave (i). At the moment, the pair is being corrected in the wave (ii). in the nearest future, the market may start falling in the wave (iii...
AUD USD, “Australian Dollar vs US Dollar” At the H1 chart, the market is finishing the wave v of (i). Probably, in the nearest future the price may rebound from the lower border of the wedge. Consequently, on Wednesday the pair may start the ascending correction in the (ii...
AUD USD, “Australian Dollar vs US Dollar” Australian Dollar is finishing the descending wedge in the wave (i). If the price rebounds from the pattern’s lower border, it may start a new correction...
EUR USD, “Euro vs US Dollar” The price finished the fifth wave and then the descending impulse in the wave (a) along with the local correction. The price may fall in the bearish wave (c) of [b]...
GBP USD, “Great Britain Pound vs US Dollar” At the H1 chart, Pound has formed the ascending wedge in the wave (a). It’s highly likely that the price has started falling in the wave a of (b...
EUR USD, “Euro vs US Dollar” After finishing the zigzag in the wave [w], the pair has started a new correction. The price continue falling in the wave (c) of [x]...
Talking Points: GBPUSD Technical Strategy: Neutral Elliottwave Count: We re-evaluated our count after confirming a-b-c correction count and rejecting primary analysis of bullish count Current price action confirm our bearish count...
USD JPY, “US Dollar vs Japanese Yen finished the descending impulse in the wave (i). Consequently, in the nearest future the pair may be corrected. On the higher wave level, probably the market is forming the double three; right now, the price is falling in the wave Y...
GBP USD, “Great Britain Pound vs US Dollar” The fast ascending movement made by Pound last Friday has completely changed the chart structure. It looks like the price is still forming the wave [ii]...
EUR USD, “Euro vs US Dollar” It is likely that the current correction may take more time than expected. Besides the scenario with the horizontal triangle in the wave 4, Eurodollar may form the double three (see the chart...
AUD USD, “Australian Dollar vs US Dollar” Australian Dollar finished the correctional wave 4 in the form of the zigzag, the descending impulse in the wave (i) and the correction inside the second wave. On Friday, the price may start falling in the wave (iii) and break its local low...
USD JPY, “US Dollar vs Japanese Yen” AT the H1 chart, the price has formed the diagonal triangle in the wave (v). it’s highly likely that the market has finished the fourth wave in the bearish wave (i). Consequently, later the price may start moving upwards in the wave v of (i...
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...
