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$DAX 1 Hour Elliott Wave Analysis 5.27.2014
Read MoreIndex has completed wave ((w)) at 9810 & wave (( x )) pull back @ 9534. Move up from 9534 is taking the form of an impulse and can reach as high as 10027 before we get pull back in wave ( b ) and higher again. We don’t like selling the Index in any […]
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$USDCHF Analysis using NEW Elliott Wave Theory 5.21.2014
Read MoreUsing the new Elliott Wave Theory, we will take a look at the USDCHF and try to forecast what the price should do next after reaching the area of equal legs at 0.8958. Unlike the traditional Elliott Wave Theory, we believe that the move off the 0.8698 low is a series of 3 waves and […]
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$EURJPY Analysis using NEW Elliott Wave Theory 5.19.2014
Read MoreWe take a look at 1 hour price action of EURJPY from 142.47 (4.29.2014) peak. Using NEW Elliott Wave Theory, we don’t just count the waves but sequence of swings as well to get the right path. Decline from 142.47 can be sub-divided into 7 swings when drop to 139.84 completed wave A and recovery to 140.94 […]
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$TNX (US 10 year yields) 1 Hour Elliott Wave Analysis (5.19.2014)
Read MorePreferred Elliott Wave view suggests US 10 year yields have completed a cycle from ( B ) high i.e. (2.748%). As it was a corrective drop so we have labelled it as wave “W” and treating the current bounce as wave “X”. Yields are showing just 1 swing up from the low and corrections run […]