EUR/NZD — Daily EUR/NZD – 4-hour chart Wave summary: Wave [iii] continues to extend and could still make it slightly higher towards 1.5512 before wave [iii] is complete and a correction in wave [iv] takes over for a decline towards 1.5137 with an outside possibility for a deeper correction to 1.5012. Short term, a break […]
Wave summary: More upside remains expected here. Short term, a minor corrective decline to 122.01 is expected before the next impulsive rally higher to 123.49 on the way higher to 124.20 and likely even closer to 125.53. R3: 122.77 R2: 122.60 R1: 122.47 Pivot: 122.35 S1: 122.15 S2: 122.00 S3: 121.85 Trading recommendation: We are […]
EURUSD: When Price Pattern Trumps Other “Reasons” Waves of market psychology often warn of trend changes before the news — see how By Elliott Wave International This was an eventful week in politics, monetary policy and the markets — and to many observers, the three seemed to be linked. On Wednesday (March 1), the U.S. […]
Our European markets expert on what’s next for the EU stocks — and politics. Get more financial insights like these — 100% free. Just follow this link: http://www.elliottwave.com/wave/etv2016. Learn How the Wave Principle Can Improve Your Trading Related Posts:Financial future on the horizon: US stocks rise ahead of… April 10, 2024 On Tuesday, ahead of […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.ewaves.com/ See EWAVES 2.0 beta at work for the first time in real time — from January 23rd to February 2nd, via the recommendation of the large telecom company, Verizon. Learn How the Wave Principle Can Improve Your Trading Related Posts:EUR/USD: Are hawks back in action? October 13, 2023 Following the results of two inflation […]
Wave summary: The break above 1.5286 could extend wave [iii] higher to 1.5512, but the rally in wave [iii] from 1.4554 looks quite extended and a correction towards 1.5049 in wave [iv] will not come as any surprise. That said it is important to remember that much more upside pressure is expected in the long […]
Wave summary: EUR/JPY continues to higher toward the next upside target seen at 122.90 on the way higher to 124.20 and possibly even closer to 125.53 before wave 3 is complete. Short-term, we will ideally see minor support at 121.89 being able to protect the downside for the continuation higher to 122.90 and above. R3: […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/Investor-Research/Financial-Forecast-Service On March 9, 2017, the bull market marks its eighth anniversary. At the same time, one group of market participants are more bullish than they’ve been in decades. Are they right? The Wave Principle is helping our subscribers anticipate the next major trend change. Learn How the Wave Principle Can Improve Your Trading Related […]
Wave summary: We expected resistance at 1.5286 to cap the upside, but there was no problem to break through. It opened the way for a direct continuation higher to 1.5512 before wave [iii] is in place. That said, a break below minor support seen at 1.5223 will indicate that wave [iii] has completed and wave […]
Wave summary: A clear break above minor resistance seen at 121.19 calls for a continuation higher to 122.90 and 124.20 on the way towards the ideal wave 3 target seen at 125.53. The former resistance seen at 121.19 is now acting as support and should ideally protect the downside for a continuation higher, but only […]
Wave summary: Wave [iii] is now trading just below the ideal target seen at 1.5286. Once this wave [iii] target has been tested, then look for a correction in wave [iv] towards 1.5000 before the next impulsive rally higher should be expected in wave [v]. Short term, a break below support at 1.5112 will confirm […]
Wave summary: We have seen the expected corrective decline towards 119.86 to complete wave ii. Wave iii higher towards at least 124.20 is now expected. The ideal target for wave 3 remains near 125.53, from where a correction in wave 4 should be expected.Short term, a clear break above minor resistance seen at 121.19 will […]
Learn the Why, What and How of Elliott Wave Analysis with a 3-part video series provides a solid basis for why you should use Elliott analysis in your trading and investing decisions. Watch now: http://www.elliottwave.com/wave/ETVMailbag Learn How the Wave Principle Can Improve Your Trading Related Posts:Video market update for April 15, 2024 April 15, 2024 […]
Wave summary: We continue to look for wave [iii] to extend closer to the 200% extension target of wave [i]. This target is seen at 1.5286. Once this target is reached, then expect a shallow sideways correction in wave [iv] before higher in wave [v] to above 1.5286. Support is seen near 1.5029 and again […]
Wave summary: We are still looking for a minor corrective decline closer to 119.97 before the next rally above resistance at 121.23 that will confirm more upside towards 124.09 and 125.53 to complete wave 3. Even if support at 119.97 is broken, back-up support is seen at 119.50, which should be able to protect the […]
Wave summary: The rally from 1.4554 is just as strong as we expected and more upside continues to be expected closer to 1.5286, where wave [iii] will be 200% of the length of wave [i]. Short-term minor support is seen at 1.4999, which ideally will protect the downside for the rally higher to 1.5286 before […]
Wave summary: We have seen nice small five-wave rally up from the 118.19, which we count as a minor wave i and wave ii is currently unfolding for a corrective decline towards 119.97 before higher in wave iii towards 123.31 and possibly even above. In the short term a break above minor resistance seen at […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/Investor-Research/Financial-Forecast-Service An interesting thing happened on the way to the Dow surpassing 21,000: Corporate insider selling jumped “to levels rarely seen.” Moreover, it’s not just a short-term trend. History shows why investors should be concerned. Learn How the Wave Principle Can Improve Your Trading Related Posts:Will Netflix earnings take the share price closer to its… […]
Some presidential scandals change history, others are minor and do little damage. In this ETV interview, Robert Folsom discusses social mood as it relates to this question: “How much political damage does a scandal do to the president?” Get more financial insights like these — 100% free. Just follow this link: http://www.elliottwave.com/wave/etv2016. Learn How the […]
EUR/NZD – 4 Hourly EUR/NZD – Daily Wave summary: Finally, the break above important short-term resistance seen at 1.4866 is a fact. This break confirms that wave 2 completed with the test of 1.4495 and wave 3 now is unfolding. The rally in wave 3 should ultimately take us above the top of wave 1 […]
Wave summary: We remain bullish for a continuation higher to 121.28 and above here will call for a new test of 124.09 on the way toward 125.53 where wave 3 is expected to complete. Short-term support is now seen at 119.70 which is expected to protect the downside for a break above 120.49 for the […]
Wave summary: EUR/NZD is currently at a very important juncture. A break above resistance seen at 1.4867 will confirm that a long-term low is in place with the test of 1.4495 and a new long-term impulsive rally is developing. The first upside target upon a break above 1.4867 is seen near 1.5282 and then 1.5516 […]
Wave summary: EUR/JPY continues to gain towards the upside. We continue to look for more upside pressure with 121.28, as the next minor target on the way higher towards 124.09 and higher to 125.93. That will complete wave 3. Short-term minor support seen at 119.86, ideally it will be able to protect the downside for […]
Learn what to make of the recent market action in crude oil (and natural gas). Get more financial insights like these — 100% free. Just follow this link: http://www.elliottwave.com/wave/etv2016. Learn How the Wave Principle Can Improve Your Trading Related Posts:Technical Analysis of Daily Price Movement of Crude Oil… November 8, 2023 On the daily chart […]
See what to make of the recent U.S. dollar strength in this new interview with Jim Martens and Michael Madden, who forecast 11 biggest FX pairs for our Currency Pro Service. Get more financial insights like these — 100% free. Just follow this link: http://www.elliottwave.com/wave/etv2016. Learn How the Wave Principle Can Improve Your Trading Related […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/Investor-Research/Asian-Pacific-Financial-Forecast-Service Yes, you can maintain your financial objectivity when others are losing it. For example, when fear was running rampant during the 2008 bear market, one Asian-Pacific analyst made a historic forecast for a huge rally. Here’s how he did it. … Learn How the Wave Principle Can Improve Your Trading Related Posts:Can Q1 earnings […]
Wave summary: The important resistance seen at 1.4866 is again under fire. This resistance needs to be broken to confirm that a long-term corrective low was seen with the test of 1.4495 and a new long-term impulsive rally is developing. Upon a break above resistance at 1.4866 the first target will be seen at 1.5282 […]
Wave summary: We have now seen the expected break above minor resistance seen at 119.86 indicating that the corrective decline in wave (iv) completed with the test of 118.19 and the final impulsive rally in wave (v) of 3 now is unfolding. This wave (v) should ideally make above 124.09 to complete wave 3. The […]
Wave summary: For the time being the dynamics of EUR/NZD is sluggish. We still think a long-term low was seen at 1.4495, and a new impulsive rally is on. However, we need a break above the resistance at 1.4866 to confirm that the low is in place and a new impulsive rally higher to 1.5282 […]
Wave summary: Preferably wave (iv) completed with the test of 118.19 and wave (v) to above 124.09 should now be seen, but we need a break above resistance seen at 119.86 to confirm that wave (iv) has completed and wave (v) higher is unfolding. Short-term support is seen at 118.55 and then at 118.19. The […]
