Elliott wave analysis of EUR/NZD for April 14, 2014

Today’s Support and Resistance levels: R3: 1.6064 R2: 1.6032 R1: 1.6010 Current spot: 1.5980 S1: 1.5971 S2: 1.5945 S3: 1.5914 Technical summary: The triangle consolidation is still unfolding. At this point, it is a bit unclear whether red wave c already has ended or more upside towards 1.6140 is needed. No matter which count proves […]

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Elliott wave analysis of EUR/JPY for April 14, 2014

Today’s Support and Resistance levels: R3: 141.29 R2: 140.98 R1: 140.87 Current spot: 140.55 S1: 140.42 S2: 140.08 S3: 139.43 Technical summary: Important resistance at 141.55 protected the upside to perfection, and we are now looking for the final decline in blue wave v towards 139.43 before the next meaningful correction should be expected. Once […]

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See Why This Proven Stock Market Indicator is Sending a SCREAMING Message

An important indicator goes where it’s never been before – Not since 1988 has this indicator been so bullish… http://bit.ly/1ndsQqT Enjoy this video from Elliott Wave International Learn How the Wave Principle Can Improve Your Trading Related Posts:Ichimoku cloud indicator analysis on USDJPY for August 10th,… August 10, 2023 USDJPY is making new higher highs. […]

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Elliott wave analysis of EUR/NZD for April 11, 2014

Today’s Support and Resistance levels: R3: 1.6135 R2: 1.6106 R1: 1.6067 Current spot: 1.6027 S1: 1.5979 S2: 1.5927 S3: 1.5881 Technical summary: Yesterday we did see minor resistance protecting the upside for a break below 1.5848, but only for a move towards 1.5837 before a new rally took off. This unexpected rally above 1.5980 has […]

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Elliott wave analysis of EUR/JPY for April 11, 2014

Today’s Support and Resistance levels: R3: 142.09 R2: 141.90 R1: 141.55 – Important Resistance Current spot: S1: 141.29 S2: 141.09 S3: 140.71 Technical summary: It is “Make it or Break it” time. Important resistance at 141.55 needs to hold for a break below 141.29 and more importantly for a break below 141.09 to confirm that […]

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Elliott Wave Analysis of USD/CAD for April 11, 2014

USD/CAD Elliott Wave After a strong downwards movements from the half of March, the USD/CAD has finally started to show some bullish movements in the last 24 hours. In the 1-hour chart of the pair above, you can see that we are labeling the descending movement from 1.1278 towards the 1.0853 as the impulsive pattern. […]

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Elliott Wave Analysis of AUD/USD for April 11, 2014

AUD/USD Elliott Wave Since our last analysis, the AUD/USD pair has been trading downwards, just like we expected, impulsive cycle in the C wave (coloured red) has been completed, and we need to see now, what can we do next in the pair. In the 1-hour chart, we can observe that ascending cycle from the […]

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The Fed Hasn’t Stopped a Credit Bubble, It Helped Start One

And why the real beneficiary of easy lending is not a rising stock market http://bit.ly/1gcAQUw Learn How the Wave Principle Can Improve Your Trading Related Posts:US consumer credit continues rising, thus supporting economy August 8, 2023 The euro managed to maintain some of its advantage against…XM Helped Traders in LATAM Be Ahead of the Game […]

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Elliott wave analysis of EUR/NZD for April 10, 2014

Today’s Support and Resistance levels: R3: 1.5979 R2: 1.5923 R1: 1.5905 Current spot: 1.5877 S1: 1.5848 S2: 1.5824 S3: 1.5774 Technical summary: We expected that the small correction from 1.5855 was over, but it turned into the more complex expanded flat correction for a final rally towards 1.5980. This has changed our count slightly, but […]

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Elliott wave analysis of EUR/JPY for April 10, 2014

Today’s Support and Resistance levels: R3: 141.55 R2: 141.24 R1: 141.06 Current spot: 140.90 S1: 140.63 S2: 140.08 S3: 139.43 Technical summary: The correction we had been looking for became smaller than expected and it indicated that wave one from 143.47 is not over yet; therefore we changed our count slightly. Now we are looking […]

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“History does not repeat itself, but it does rhyme.”

Almost no one remembers, or wants to remember, how powerless the Fed was just 6 years ago http://bit.ly/1lQXYPn Learn How the Wave Principle Can Improve Your Trading Related Posts:History repeating July 31, 2023 As the US stock market, particularly the broader S&P 500,…Technical Analysis – Will GBPUSD repeat July’s bull race? July 25, 2023 GBPUSD […]

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Elliott Wave Analysis of AUD/USD for April 09, 2014

AUD/USD Elliott Wave From the early start of this week, the AUD/USD pair has continued trading upwards, impulsive wave [v] (coloured black) of the bigger wave C (coloured red) has been developing. In the 1-hour chart of the pair above, we can observe strong ascending movements from 0.9253 towards the 0.9387 level. This strong move […]

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Elliott Wave Analysis of USD/CAD for April 09, 2014

USD/CAD Elliott Wave Since our last analysis, the USD/CAD pair has continued to trade downwards, impulsive wave [v] (coloured black) of the bigger wave C (coloured blue) has been developing. In the 1-hour chart of the USD/CAD pair above, we can see that descending movements from the 1.1045 level is taking a shape of the […]

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Why the Fed Does Not Control Inflation and Deflation

Despite the Fed’s leverage and its attempt to inflate throughout the economy, the deflationary pressures in the U.S. are overwhelming. Watch this six-minute clip from Steve Hochberg’s presentation at the Orlando Money Show. To learn more about the inflationary/deflationary process, go to www.deflation.com. Gain an Advantage Over 99% of U.S. Investors – in Just 15 […]

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Elliott wave analysis of EUR/NZD for April 9, 2014

Today’s Support and Resistance levels: R3: 1.5920 R2: 1.5893 R1: 1.5865 Current spot: 1.5845 S1: 1.5835 S2: 1.5807 S3: 1.5777 Technical summary: The expected correction ended early and the downside pressure continued as expected. In the short term we are looking for minor resistance at 1.5865 to protect the upside for the next downside pressure […]

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Elliott wave analysis of EUR/JPY for April 9, 2014

Today’s Support and Resistance levels: R3: 141.61 R2: 141.15 R1: 140.82 Current spot: 140.72 S1: 140.44 S2: 140.08 S3: 139.81 Technical summary: There was no time for the correction unfold further and we saw a direct decline. The failure to extend the correction was an indication of underlying strength of the trend. This was also […]

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Elliott wave analysis of EUR/NZD for April, 2014

Today’s Support and Resistance levels: R3: 1.6007 R2: 1.5983 R1: 1.5940 Current spot: 1.5903 S1: 1.5846 S2: 1.5766 S3: 1.5703 Technical summary: The correction became a litlle larger than expected as it reached 1.6007, which has changed the short term count slightly, but after a new correction towards 1.6007, we should see renewed downside pressure […]

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Elliott wave analysis of EUR/JPY for April 8, 2014

Today’s Support and Resistance levels: R3: 142.01 R2: 141.62 R1: 141.40 Current spot: 141.22 S1: 141.14 S2: 140.82 S3: 140.63 Technical summary: Blue wave iii ended a little earlier than expected and blue wave iv is developing. At this point, it is most likely that blue wave iv will evolve into a flat correction, which […]

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Public Pensions: Has the Crisis Only Started?

How the next stock market decline could tank the economy http://bit.ly/1e5Y0QU Learn How the Wave Principle Can Improve Your Trading Related Posts:Technical Analysis – Has USDCAD started a new bullish cycle? June 30, 2023 USDCAD rose quickly above the tight bearish channel, but soon…Overview of the EUR/USD pair. June 8th. The ECB is ending… June […]

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Elliott Wave Analysis of USD/CAD for April 07, 2014

USD/CAD Elliott Wave Last week, the USD/CAD pair spent in a range with a downside bias. In the 1-hourly chart of the pair, we can observe that lower trend line of the Triangle has given up in the early Friday’s New York session, this confirm end of the [iv] wave. From the 1.1045 level, we […]

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Elliott Wave Analysis of AUD/USD for April 07, 2014

AUD/USD Elliott Wave Since our last analysis, the AUD/USD pair has been trading upwards, just like we expected, impulsive wave [v] (coloured black) of the bigger wave C (coloured red) has been developing. In the 1-hour chart of the pair above, we can see that price has found support around the 0.9204 level, where corrective […]

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Elliott wave analysis of EUR/NZD for April 7, 2014

Today’s Support and Resistance levels: R3: 1.6012 R2: 1.5991 R1: 1.5965 Current spot: 1.5935 S1: 1.5903 S2: 1.5876 S3: 1.5836 Technical summary: The decline from 1.6180 is clearly impulsive and the final red wave v is unfolding for a decline towards the ideal target at 1.5530. In the short term we are looking for a […]

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Elliott wave analysis of EUR/JPY for April 7, 2014

Today’s Support and Resistance levels: R3: 142.28 R2: 142.01 R1: 141.67 Current spot: 141.34 S1: 141.19 S2: 140.73 S3: 140.42 Technical summary: As expected the decline from the 143.47 high was impulsive and more downside pressure should be seen. As the target for blue wave iii we are looking for a move closer to 140.73 […]

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Could This Be the Ultimate Bubble Barometer?

The pursuit of luxury is often the most intense near a market peak http://bit.ly/1iljma2 Learn How the Wave Principle Can Improve Your Trading Related Posts:Artificial Intelligence: Is the ‘baby bubble’ ready to pop?… June 29, 2023 Wall Street has been in a rally mode this year,…AI mania takes over Wall Street; is this a new […]

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Television’s Rural Purge Reflected a Shift in Social Mood

Could two shows be more different than “The Beverly Hillbillies” and “All in the Family”? http://bit.ly/1ikWFCR Learn How the Wave Principle Can Improve Your Trading Related Posts:Daily Market Comment – Dollar extends gains as hawkish… June 23, 2023 Recession fears heightened after BoE surprises with 50-bps hike, Eurozone…Overview of the GBP/USD pair. June 20th. The […]

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Elliott wave analysis of EUR/NZD for April 4, 2014

Today’s Support and Resistance levels: R3: 1.6086 R2: 1.6068 R1: 1.6046 Current spot: 1.6024 S1: 1.6011 S2: 1.5987 S3: 1.5936 Technical summary: The decline from the 1.6180 high does have impulsive structure, which indicates that red wave v lower is developing. However, a break below support at 1.5972 is needed to confirm that red wave […]

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Elliott wave analysis of EUR/JPY for April 4, 2014

Today’s Support and Resistance levels: R3: 142.65 R2: 142.55 R1: 142.46 Current spot: 142.38 S1: 142.17 S2: 142.03 S3: 141.90 Technical summary: It is now possible to count the first small five wave decline of the 143.47, which is the first good indication that wave ii is finally over. As possible targets for this first […]

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The Fed Does Not Control the Inflationary/Deflationary Process

To learn more about the inflationary/deflationary process, go to http://www.deflation.com. Learn How the Wave Principle Can Improve Your Trading Related Posts:Technical Analysis – Bank of America stock edges higher but… July 14, 2023 Bank of America (BofA) stock recorded a green candle at…USD/JPY analysis for July 12, 2023 – Sellers in control July 12, 2023 Technical analysis: […]

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Elliott Wave Simple Schematic

EWI’s Steve Hochberg explains what an Elliott wave is and how these patterns play out across all different markets and degrees of trend. Learn more: http://bit.ly/1h9jjBB Learn How the Wave Principle Can Improve Your Trading Related Posts:Trading plan for GBP/USD on July 19. Simple tips for… July 19, 2023 Analyzing Tuesday’s trades:GBP/USD on 30M chart […]

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