Elliott Wave View: Short Term Strength in Bitcoin
In the bigger picture, Bitcoin has been in sideways consolidation since topping out at $13880 on June 26. It did a 3 waves pullback to $9049.54 on July 17 and…
Euro Fails to Weaken Despite ECB’s Monetary Stimulus
Last week, ECB (European Central Bank) decided to reactivate the quantitative easing (QE) programme by €20bn a month. This time the program will be open-ended until Euro Zone's inflation and growth…
USDTRY Elliott Wave View: Double Three Structure Ended from May
We looked at USDTRY back in June and told the readers that preferred Elliott wave view suggested that cycle from 11/29/2018 low (5.129) ended at 5/9/2019 (6.199) as 11 swings diagonal…
Elliott Wave View: 10 Year Treasury Notes (ZN_F) at Support Area
Since topping out at 135.15 on July 2012, 10 Year Notes (ZN_F) was in a multi-year decline. It finally found a bottom at 117.13 on October 2018. The 6 year…
Elliott Wave View: Further Rally in GBPUSD in Zigzag Structure
Short term Elliott Wave view in GBPUSD suggests that the decline to 1.1957 on September 3 ended wave (3). Wave (4) bounce is in progress as a zigzag Elliott Wave…
GBPUSD Forecasting The Decline From The Blue Box
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of GBPUSD , published in members area of the website. GBPUSD…
Elliott Wave View: EURJPY Remains Under Pressure
EURJPY shows an impulsive Elliott Wave structure from July 1, 2019 high (123.36). On the chart below, wave ((iii)) of that impulse ended at 116.5 and wave ((iv)) bounce ended at…
Elliott Wave View: Ten Year Notes (ZN_F) Resumes Higher
Short Term Elliott Wave structure in 10 Year Notes (ZN_F) suggests the pullback to 129.28 ended wave 4. The note has resumed higher in wave V. The internal subdivision of…
Swedish Krona and Singapore Dollar Cycles Support DXY
US Dollar has been rallying strongly against Swedish Krona and Singapore Dollar for the past couple of months and have broken above significant peaks so in this blog, we would…
