Short term Elliottwave structure suggests rally to 0.7504 ended wave ((w)), and pullback to 0.7283 ended wave ((x)). As pair already breaks above 0.7504, it  has resumed the next leg higher in wave ((y)). Internal of wave ((y)) is unfolding in a double three where wave (w) is proposed over at 0.7512, and wave (x) is currently in progress […]

Short term Elliottwave structure suggests that cycle from 3/16 peak, i.e. 2.00, has ended with wave W at 1.518. Rally from there is unfolding as a double three where wave (w) ended at 1.62 and wave (x) pullback ended at 1.604. Near term focus is on 1.706 – 1.73 area to complete wave (y) of ((w)) and end cycle […]

Short term Elliottwave structure suggests cycle from 5/12 peak (85.48) is unfolding as a flat where wave A ended at 82.88 and wave B ended at 85.51. Wave C is in progress as 5 waves where wave 1 of C ended at 82.65, wave 2 of C ended at 84.57, wave 3 of C ended at 79.3 and wave 4 of C […]

Short term Elliottwave structure suggests cycle from 6/8 peak (85.57) is unfolding as a triple three where wave ((w)) ended at 82.59 and wave ((x)) ended at 83.47. Wave ((y)) is in progress as a zigzag where wave (a) ended at 82.13 and wave (b) ended at 82.87. Wave (c) of ((y)) decline from there is currently in progress […]

While pair stays above wave W at 3.7056, it has scope to extend higher towards 4.068 – 4.134 area to complete wave X and end cycle from 4/1 low. Then pair should resume weekly decline as far as 4.158 pivot stays intact. If pair doesn’t make a new high and pivot at 3.7056 fails, then it has started the […]

Short Term Elliottwave structure suggests that rally to 84.43 ended wave ((x)). Decline from there is unfolding as a double three where wave (w) ended at 82.6 and wave (x) ended at 83.47. Wave (y) is in progress as a double three where wave “w” is proposed complete at 82.13 and wave “x” bounce is expected […]