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NZDUSD Trade from 7/20 Live Trading Room
Read MoreNZDUSD Trade Video Clip from July 20th Live Trading Room Below is a video clip of NZDUSD Long Trade on July 20th in Live Trading Room. NZDUSD 1 Hour Elliott Wave Chart 1 hour chart below shows a bullish 5 swing sequence from 7/11 low (0.7198), favoring further upside towards 100% area (0.7430). Near term, while the dips […]
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DXY Elliott Wave View: Resuming Downside
Read MoreRevised short term DXY (USD Index) Elliott Wave view suggests the decline from 6/20 peak (97.87) is unfolding as a double three Elliott wave structure. Down from 97.87 high, decline to 95.47 ended Minor wave W, and bounce to 96.51 high ended Minor wave X. Wave Y is unfolding as another double three Elliott wave structure of a smaller […]
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JPM Elliott Wave Bullish Structure
Read MoreThe Elliott Wave view for JPMorgan Chase (NYSE: JPM) suggests the rally from February 2016 low (52.5) to 03/01/2017 peak (93.98) have ended wave (3). The pullback from there unfolded as zigzag ABC structure which ended wave (4) at 06/01/2017 low (81.79). Up from there, the stock rallied in another zigzag structure before ending that short term cycle after reaching […]
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DXY Elliott Wave View : Bounce in progress
Read MoreShort term DXY (USD Index) Elliott Wave view suggests the decline from 6/20 peak (97.87) is unfolding as a Zigzag Elliott Wave structure. Down from 97.87 high, decline to 95.47 ended Minor wave A, and bounce to 96.51 high ended Minor wave B. Wave C is unfolding as an Elliott wave Impulse structure with extension where Minute wave ((i)) ended […]