DAX, the index from Germany, is correcting higher degree cycle from February 2016. Short-term Elliott Wave view suggests that the rally to 12597.51 at February 26.2018 ended Primary wave ((X)). Down from there, the decline unfolded as a 5 waves Elliott Wave Impulse Sequence which ended at 11730.50 and this 5 waves ended Intermediate wave (A) of a Zigzag structure in the […]

In this Technical blog, we are going to take a quick look at the past  Elliott wave chart performance of  AUDNZD. Which we presented to our clients. We are going to explain the structure and the forecast. As our members know, we were pointing out that AUDNZD is having lower low bearish sequence from October 24.2017 peak. We advised […]

Netflix stock symbol: (NFLX ) Short Term Elliott Wave view suggests that the decline from January 29.2018 peak 286.70 to decline to 236.16 low on February 09.2018 low ended Cycle degree wave IV. Above from there, the rally has resumed higher by a break above 286.70 high in Cycle degree wave V looking for more upside extension. Also, it’s […]

$DXY US dollar Index Short-term Elliott Wave view suggests that the rally to February 09.2018 peak at 90.57 ended Primary wave ((4)) in a Flat correction. Down from 90.57 high the decline is unfolding as Elliott Wave Impulse Sequence, where each leg has an internal distribution of 5-3-5 structure thus favored being an Impulse sequence. The DXY has […]

Gold Short-term Elliott Wave view suggests that the decline from January 25.2017 high (1365.96) to February 08.2018 low ended Minor wave X at 1306.96 low. After reaching the 100%-123.6% Fibonacci extension area of ((w))-((x)) at 1306.70-1297.49 area. When internals in Minor wave X unfolded as Elliott Wave Double Three Structure, where each leg had an internal distribution of 3-3-3 […]

USDJPY Short-term Elliott Wave view suggests that the rally to 110.48 high ended Intermediate wave (4) bounce on February 02.2018 peak. Below from there, the decline is unfolding as an Ending Diagonal Structure within Intermediate wave (5) lower. Where Minor wave 1 ended at 108.44 low as Zigzag structure, Minor wave 2 bounce ended at 109.77 in a Double three […]