Elliott Wave View: Gold Can See Profit Taking

Gold has ended the cycle from August 16, 2018 low at $1347.18 as wave (A)

Continue Reading...

Elliott Wave View: EURJPY Should Extend Lower

EURJPY has ended the cycle from Jan 3, 2019 low at 127.5. We label this rally from Jan 3 to March 1, 2019 as wave ((X)). This means

Elliott Wave View: Further Strength in EURAUD

Short Term Elliott Wave view in EURAUD suggests the rally from February 21, 2019 low (1.5736) is unfolding as a 5 waves diagonal. Up from 1.5736, wave 1

Elliott Wave View: Crude Oil on the Verge of a Breakout

Since bottoming at $42.36 on December 24, 2018, Crude Oil (CL_F) has rallied more than 30%. The initial rally to $55.75 on February 4, 2019 took the form

Elliott Wave View: Downside Pressure in EURGBP

EURGBP shows a sequence of lower low from August 29, 2017 high, suggesting further downside is likely. The bounce to 0.9105 on January 3, 2019 high ended wave

Progress in Brexit Negotiation Supports Poundsterling

British Pound Sterling is the best performing major currency last week. The Pound Sterling shows strength as the market senses progress towards a Brexit deal. This follows news

USDPLN Elliott Wave Forecast: Identifying Blue Box Area

In this blog, we take a look at Elliott Wave structure of USDPLN forex pair since 1/31/2019 low and our main goal is to identify the blue box

Elliott Wave View: DAX Bullish Sequence Favors More Upside

DAX has broken above February 6, 2019 high (11371.74) and shows a bullish sequence from December 28, 2018 low (10279.20). On the chart below, we put a bullish

SPY : The Index Heading for All-Time High

The ETF is rallying from the blue box after forming the low on 12.26.2018, Blue box is an area where buyers and sellers agree in the next direction.

EOS Token Price Looking for A Technical Recovery

The EOS token is the cryptocurrency of the EOS network which is using the blockchain technology architecture to enable vertical and horizontal scaling of decentralized applications. 2018 was the