The Euro dollar (EURUSD) has been trading sideways since March 2015 before breaking into a new low in late December 2016. The single currency remains heavy technically and the underlying political and economic risks in the Euro-area in 2017 could provide a cap for any strength in the currency. The Euro zone has survived various crises […]

Short term Elliott wave view in DJIA (Dow Jones Industrial Average) suggests that the rally from 1/19 low is unfolding as a 5 waves Elliott wave impulse structure where Minute wave ((i)) ended at 20125.28, Minute wave ((ii)) ended at 19784.7, and Minute wave ((iii)) remains in progress. Internal of Minute wave ((iii)) is showing an extension […]

Short term Elliott wave view in DJIA (Dow Jones Industrial Average) suggests that the rally from 1/19 low is unfolding as a 5 waves Elliott wave impulse structure where Minute wave ((i)) ended at 20125.28, Minute wave ((ii)) ended at 19784.7, and Minute wave ((iii)) remains in progress. Internal of wave ((iii)) is showing an extension and […]

In the video seminar below, we discuss about how to read and label Elliott Wave charts. The following excerpt comes from the opening of the video. You can skip to the video directly if you want to watch the seminar Key Steps to Read Elliott Wave Charts Steps to read Elliott wave chart: Look at Elliott […]

Short term Elliott wave view in DJIA (Dow Jones Industrial Average) suggests that the rally from 1/19 low is unfolding as a 5 waves Elliott wave impulse structure where Minute wave ((i)) ended at 20125.28, Minute wave ((ii)) ended at 19784.7, and Minute wave ((iii)) remains in progress. Internal of wave ((iii)) is showing an extension and […]

Short term Elliott wave view of USDPLN (Poland Zloty) suggests that the pair is on the verge of breaking above the 2.15.2017 high at 4.0883. Rally from 2.2.2017 low (3.9722) is unfolding as a double correction Elliott Wave structure where wave W ended at 4.0883 and wave X is proposed complete at 4.0352. Internal of wave W […]