Bullish Outlook in Euro Cross
Six years ago in 2012, Euro zone was in the midst of crisis, with bailouts of Greece pushing the Euro to the verge of a collapse. Peripheral European countries like…
Alibaba Elliott Wave Structure Looking for Rally to Fail
Elliott Wave view in Alibaba (BABA) shows that the stock has an incomplete bearish sequence from 6.5.2018 high ($211.7). The 100% target in 7 swing comes at $88.3 and this…
Will Yen Continue to Outperform in 2019?
Care to guess what is the best performing major currency in 2018? Chances are you will say that it's the US Dollar. Although US Dollar is doing pretty well this…
Oil: Impulsive Elliott Wave Structure In Play
Elliott Wave outlook in Oil (CL_F) suggests that the move lower from 10/3 high ($76.9) remains in progress as a 5 waves impulsive Elliott Wave structure. Down from $76.9, Primary…
Elliott Wave View: CADJPY Selloff To Resume
Short Term Elliott Wave view suggests that cycle from 11.8.2018 high (87) ended at 83.55 in Minor wave W and bounce to 85.27 ended Minor wave X. Pair has resumed…
Brexit Uncertainty to Continue Put Pressure on Poundsterling
The Brexit saga continues to unfold as Prime Minister Theresa May postponed Brexit deal vote in U.K Parliament last week. The cancellation happened after it becomes clear that May will…
Elliott Wave View: NZDUSD Pullback In Progress
Short Term Elliott Wave view suggests that cycle from Oct 8 low (0.642) has ended at 0.697 high as Primary wave ((1)). Pair is now in the process of correcting…
Elliott Wave View Suggests Bitcoin Selloff Not Over
Short Term Elliott Wave view suggests that the selloff in Bitcoin is not yet over. Rally to $4409.77 ended Intermediate wave (X). Down from there, the decline is unfolding as…
Elliott Wave Analysis: SPX Bounce Expected to Fail
SPX has broken below Oct 30 low (2603.54), i.e. Primary wave ((W)), opening further downside with incomplete bearish sequence from Sept 21 high (2940.91). Near term Elliott Wave view suggests…