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Elliott Wave View: Nikkei Finding Support
Read MoreNikkei has reached 100% in 7 swing and the Japanese Index can see a 3 waves bounce before the next leg lower. This article looks at the Elliott Wave path.
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Elliott Wave View: Apple Cycle Remains Bullish
Read MoreApple (AAPL) cycle from June 3, 2019 low remains bullish as an impulse. This video shows the short term Elliott Wave path.
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Elliott Wave View: Soybean Impulsive Rally Favors Upside
Read MoreSoybean (ZS_F) cycle from May 13, 2019 low shows an incomplete 5 swing sequence, favoring further upside to end 7 swing double zigzag structure. On the 4 hour chart below, we can see the rally to 945.4 ended wave (W) and pullback in wave (X) ended at 868.2. Wave (Y) higher is unfolding as a […]
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Elliott Wave View: $EURUSD Further Strength Expected
Read MoreShort Term Elliott Wave view in $EURUSD suggests that the cycle from October 1, 2019 low remains incomplete and pair can see further upside. Near term, pullback to 1.1064 on December 21, 2019 low ended wave X. Pair has resumed higher in wave Y with subdivision unfolding as a zigzag Elliott Wave structure. Wave ((a)) […]
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Elliott Wave View: Support Area in $DAX
Read MoreElliott Wave view in $DAX suggests that the cycle from December 27, 2018 low remains incomplete and ideally reaches 13652 – 14217 area. As a result, the Index can still see further upside and dips can continue to find support. Short term Elliott Wave chart below suggests the decline to 12889.7 on December 10, 2019 […]
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$XAUUSD Elliott Wave View: Can Be Nesting Higher
Read More$XAUUSD rally from November 12, 2019 low can be nesting higher as an impulse structure, favoring more upside. This article looks at the Elliottwave path.