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…
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…