
-
USDSEK Forecasting Rally Into Blue Box Based on Incomplete Sequence
Read MoreUSDSEK found a low at 9.2929 on December 31, 2019 and rallied in 5 waves to 9.529. This was followed by a 3 waves pull back to 9.439 on January 15, 2020 and then the pair started trading higher again and managed to break above January 13, 2020 high to create an incomplete sequence higher […]
-
JPM Still Within Elliott Wave (III) of ((III)) as December 2018 Cycle Extends
Read MoreJPMorgan Chase (NYSE: JPM) is the largest bank in the United State. It is a multinational banking and financial service provider that was formed as a result of a merger of several banking companies in 1996. The Banking sector took its biggest hit during the financial crisis in 2008 as many banks announced bankruptcy and other barley managed […]
-
USDCHF Incomplete Elliott Wave Sequence Puts Sellers in Control
Read MoreUSDCHF found a low on 1.16.2020 (0.9610) and has been bouncing since then. Initial rally from 0.9610 to 0.9729 was in 3 waves which was followed by a pull back and pair has since then made a new high above 0.9729 and today, we would look at the structure of the bounce from 0.9610 and […]
-
NZDJPY Incomplete Bearish Elliott Wave Sequence
Read MoreBack in October 2019 we highlighted in this article that Yen crosses like NZDJPY and SEKJPY had reached the extreme areas down from their respective 2017 peaks and a bounce was due to take place very soon. Shortly after we published the article, we saw a strong reaction higher in the Yen pairs and we believe […]
-
Using Market Correlation to Time The Entries
Read MoreLast year turned out to be great for GBP crosses as they managed to put in strong rallies in favor of GBP since December 2018 lows or highs. In this article, we would concentrate on two of the GBP crosses namely GBPAUD and GBPNZD because the rallies last year in these two instruments managed to […]
-
NQ_F Buying Elliott Wave 4 Dip in Blue Box Area
Read MoreNQ_F (Nasdaq Futures) made a sharp decline yesterday evening after New York closing and then reacted higher in a very strong manner. Our preferred Elliott wave count treats the dip last night as a Minor wave 4 and now we are expecting the Index futures to be trading higher in Minor wave 5. Earlier this […]