Elliott Wave analysis calling EURUSD to resume lower after Flat correction
Short Term Elliott Wave View on EURUSD suggests that pair is currently in Primary wave ((2)) rally to correct cycle from Sept 24 high (1.1815) before the decline resumes. Internal…
Elliott Wave Analysis: Another Dead Cat Bounce in Silver?
The precious metal group does not get any break in the past 7 years. The move lower has been relentless and rally has been short lived. Silver in particular has…
Elliott Wave Analysis: How Much Further Can Oil Drop?
Short term Elliott Wave view on Oil suggests that the decline starting from Oct 3 high ($76.9) remains in progress as a 5 waves impulse Elliott Wave structure. Down from Oct…
Elliott Wave View: Nifty looking to resume rally
Short term Elliott Wave view on Nifty suggests that the decline to 10004 on Oct 26 low ended Primary wave ((2)). This means that Index has ended the selloff which…
Elliott Wave Analysis: Further Downside Expected in EURUSD
EURUSD has broken below Nov 1 low (1.13) and now the pair shows a 5 swing bearish sequence from Sept 24 high (1.1815), favoring further downside. Short term Elliott Wave…
Knowing Your Identity is Important to Trading Success
It's important for financial market players to know their identity to be successful in the world of trading. A mistaken identity is often the cause of a failure for new…
Elliott Wave Analysis: GBPJPY in Correction Before Next Leg Higher
Short Term Elliott wave view in GBPJPY suggests that the decline to 142.77 ended wave (2) in Intermediate degree. Up from there, the pair rallies as an impulse and ended…
Elliott Wave View: SPX Starts a New Impulsive Rally
Short term S&P 500 (SPX) Elliott wave view suggests that the selloff starting from Sept 21 high (2940.9) has ended at Oct 29 low (2603.54). We take the most aggressive…
Elliott Wave Analysis: Oil (CL_F) looking to end 5 Waves
Oil (CL_F) short-term Elliott wave analysis suggests that the decline from Oct 3rd high is unfolding as a 5 waves impulse structure. In an impulse structure, the internals of wave…
