USDCHF found a low on 1.16.2020 (0.9610) and has been bouncing since then. Initial rally from 0.9610 to 0.9729 was in 3 waves which was followed by a pull back and pair has since then made a new high above 0.9729 and today, we would look at the structure of the bounce from 0.9610 and […]
$USDCHF Elliott Wave Analysis: More Upside While Above 0.942
$USDCHF Elliott Wave view suggests that the rally from 3.5.2018 low (0.9336) is unfolding as a double three Elliott Wave structure where Minor wave W ended at 0.9535. Below from here, Minor wave X ended at 0.942 and the internal subdivision unfolded as a smaller degree double three Elliott Wave structure. Down from 0.9535, Minute wave […]
USDCHF Trade from 7 Feb 2018 Live Trading Room
USDCHF Trade Video Clip from 7 Feb 2018 Live Trading Room USDCHF 1 Hour Elliott Wave Chart 2.7.2018 USDCHF shows an incomplete bearish sequence from 12.15.2016 high, favoring further downside. On Feb 7, we told members in Live Trading Room that we want to sell wave 4 bounce in 3, 7, or 11 swing […]
USDCHF : Possible Rally Higher?
USDCHF Technical Analysis 12.22.2017 USDCHF is showing two possible bullish patterns. Blue bullish pattern already triggered buys at the blue BC 0.50% Fib. retracement level and price is currently trying to breakout above the purple bullish wedge pattern. More confirmation of a possible rally higher will be if price actually breaks above the top of […]
USDCHF Intraday Elliott Wave View
USDCHF decline from 3/7 (1.0170) high to 3/22 (0.9879) low could be viewed as a 5 swing move that we have labelled as Elliott wave ((a)). Bounce to 0.9960 was a three move and completed Elliott wave ((b)). Pair has since dropped to a new low below 0.9879 confirming the view that wave ((b)) ended at […]
USDCHF Short-term Elliott Wave Analysis 12.29.2014
USDCHF preferred Elliott Wave view remains bullish and suggests wave “W” ended at 0.9887 and wave “X” is also proposed to be over at 0.9796. Pair has made a new high above 0.9887 adding more conviction to this view and near-term focus is on 0.9928 – 0.9949 area to complete wave (( w )) before […]
