German Dax and EURUSD Could Turn Bullish Very Soon –Elliott Wave Forecast
Markets gaped on Sunday, particularly against the EUR after five ministers in Berlusconi’s party have resigned from the government coalition. Stocks futures are also lower, but based on German Dax wave...
View ArticleEuro: EURUSD Will Move Higher – Elliott Wave Analysis
EURUSD Euro (FX: EURUSD) moved nicely higher yesterday after the ECB press conference that finally sent EURUSD out of the range. As such, we believe that Euro will continue higher within current wave...
View ArticleEURUSD Elliott Wave Analysis: Completed Five Wave Rally Puts Prices Into A...
EURUSD 4h Elliott Wave Analysis EURUSD was trading higher for almost whole last week but then found resistance on Thursday and Friday when pair declined for almost 100 pips. This reversal in price...
View ArticleEURUSD Bulls Could Extend Up to 1.3900 – Elliott Wave Analysis
EURUSD is bullish for the last few weeks with accelerating price action from 1.3470 so we suspect it represents a black wave 3 in progress that may extend even up to 1.3900 with five subwaves. Right...
View ArticleEURUSD Elliott Wave: Correction Up To 1.3500 Before Down
EURUSD reversed sharply to the downside in the last few days, clearly in five waves from above 1.3800 with a daily and weekly close price beneath the channel line connected from July lows. This break...
View ArticleEURUSD Within Downtrend – Elliott Wave
EURUSD has finally turned bearish after very complex and slow recovery from 1.3293 low. We believe this is a corrective move that is now showing signs of completion around 1.3576. The reason is latest...
View ArticleEUR/USD Outlook – Week 10/03/14
The Euro has continued to move higher at the start of the week and now looks likely to test multi-month highs. Having already spiked as high as 1.3915 last week on the back of better than expected Non...
View ArticleGoing Long EURCHF As It Has Pulled Back to Support
EURCHF has pulled back to support — a major support level established when the Swiss National Bank declared it would defend the 1.20 level on EURCHF back in 2011. The chart above illustrates the trade...
View ArticleEURUSD: Elliott wave sequence from February peak
EURUSD Elliott Wave Sequence from 2/2 peak doesn’t support the idea of 5 wave impulse or even a series of 1,2’s. Decline from 2/2/2017 high to 2/15/2017 low was a 7 swing sequence and the decline from...
View ArticleEURUSD in a flat correction
EURUSD Short Term Elliott Wave view suggests that the decline from 9/8 peak is unfolding as an expanded Flat Elliott Wave structure. Down from 9/8 high (1.2094), Intermediate wave (A) ended at 1.1837...
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