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Charting the Decline in Raw Sugar (SB_F)
Read MoreThe sentiment for Raw Sugar (SB_F) has turned sour recently. After bottoming at 10.16 cents in 2015, Raw sugar futures have rallied strongly until it peaked at 24 cents last Fall. In fact, Raw Sugar was one of the best performing commodities in 2016, rising around 30% (see table below as of November last year) […]
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EURJPY Elliott wave View: Correction in progress
Read MoreShort term Elliott Wave view in EURJPY suggests that cycle from 3/12 peak (122.89) is unfolding as a double three Elliott wave structure where Minor wave W ended at 119.28 and Minor wave X ended at 120.45. Minor wave Y is in progress and the internal is unfolding also as a double three Elliott wave […]
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EURJPY Elliott wave View: More downside
Read MoreShort term Elliott Wave view in EURJPY suggests that cycle from 3/12 peak (122.89) is unfolding as a double three Elliott wave structure where Minor wave W ended at 119.28 and Minor wave X ended at 120.45. Minor wave Y is in progress and the internal is unfolding also as a double three Elliott wave […]
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USDJPY Elliott wave View: Extended bounce
Read MoreShort term Elliott Wave view in USDJPY suggests that cycle from 3/10 peak (115.53) has ended with Minor wave A at 110.077. Decline from 115.53 is unfolding as a 5 waves impulse Elliott wave structure with an extension where Minute wave ((i)) ended at 114.46, Minute wave ((ii)) ended at 115.19, Minute wave ((iii)) ended at 110.59, […]
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DAX Elliott Wave View: Short term top near
Read MoreThe move higher in DAX from 3/22 low is proposed to be unfolding as a zigzag Elliott Wave structure where the first leg Minutte wave (a) is subdivided in a 5 waves impulse Elliottwave structure and the third leg wave (c) is also subdivided into a 5 waves impulse Elliottwave structure. It’s not a good […]
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USDJPY Elliott wave View: Flat correction
Read MoreShort term Elliott Wave view in USDJPY suggests that cycle from 3/10 peak (115.53) has ended with Minor wave A at 110.589. Decline from 115.53 is unfolding as a 5 waves impulse Elliott wave structure with an extension where Minute wave ((i)) ended at 114.46, Minute wave ((ii)) ended at 115.19, Minute wave ((iii)) ended at 110.7, […]