Elliott Wave Analysis: Further Weakness Expected in USDJPY
Short term Elliott Wave view in USDJPY suggests that cycle from 11/12 peak (114.21) remains in progress as a double three Elliott Wave structure. Down from 114.21, Minute wave ((w))…
G20 Meeting Produces Trade War Truce between US and China – Will it last?
During the dinner meeting at G20 summit in Buenos Aires last weekend, the U.S. and China agreed to suspend new tariffs for 90 days. The market reacts positively with stock…
Elliott Wave View favoring more upside in NIFTY
NIFTY is showing an incomplete sequence to the upside in the short term, favoring more upside while above 11/26 low (10487.1). Near term, cycle from 10/26 low (10004) remains in…
Elliott Wave Analysis: USDJPY Looking for Further Strength
Short term Elliott Wave View in USDJPY suggests that the pullback to 112.27 ended Minute wave ((x)). Internal of Minute wave ((x)) unfolded as a zigzag Elliott Wave structure where…
Elliott Wave Analysis: Amazon Rally Should Fail for Yet Another Low
Short term Elliott Wave View in Amazon (ticker: AMZN) suggests that the bounce to 1784 ended Cycle degree wave x. Cycle degree wave y is currently in progress lower as…
Elliott Wave Analysis: EURUSD 5 waves structure looking for more downside
Cycle from Sept 24 high (1.182) in EURUSD remains in progress as an Elliott Wave impulse structure where Primary wave ((1)) ended at 1.1214 and Primary wave ((2)) is proposed…
G20 Meeting May Dictate Path of Stock Market for Rest of the Year
Global Indices continue to retreat in the fourth quarter of this year as the combination of Fed's quantitative tightening and escalating trade wars threatens to derail the 10 year bullish…
Elliott Wave Analysis: Further Downside Expected in Oil
Since forming the high on Oct 3 at $76.9, Oil (CL_F) has dropped more than 30% in just less than 2 months. The move lower is pretty fast and short…
DAX Elliott Wave Analysis Calling Rally to Fail for Extension Lower
DAX has broken below Oct 26 low (11051) and suggests that the Index has resumed the decline lower. We are calling the decline from July 27 high (12886.83) as a…
