The move away from the gold standard did happen in the lifetime of some folks who are still around. Is that such a big deal? http://bit.ly/1l44782 Learn How the Wave Principle Can Improve Your Trading Related Posts:EUR/USD. Overview for October 26th. The market doesn’t… October 26, 2023 The EUR/USD currency pair continued its downward movement […]
Today’s Support and Resistance levels: R3: 1.6167 R2: 1.6134 R1: 1.6099 Current spot: 1.6056 S1: 1.6049 S2: 1.6018 S3: 1.5983 Technical summary: With the unexpected break below support at 1.6086, the wave iv correction is turning into an expanded flat correction. In the short term, look for support in the 1.6038 – 1.6049 area for […]
Today’s Support and Resistance levels: R3: 142.11 R2: 141.90 R1: 141.54 Current spot:141.28 S1: 141.08 S2: 140.69 S3: 140.43 Technical summary: The complex correction from 140.43 is still unfolding. We continue to look for this ongoing wave ii towards the target area between 142.11 and 142.50, before the next impulsive decline can be expected. In […]
USD/CAD Elliott Wave For the last few days, the USD/CAD pair has been trading slightly downwards, just like we expected, corrective wave [ii] (coloured black) of the bigger wave A has been developing. In the 1-hour chart of the pair, we can see that [ii] wave is close to our potential entry points, 1.1150 – […]
AUD/USD Elliott Wave Since our last analysis, the AUD/USD pair has continued upward movements inside an impulsive [iii] wave (coloured black) of the bigger wave C (coloured blue). In the hourly chart above, we can see that wave [iii] is unfolding in an double three pattern, and should currently be inside the final c of […]
See where the biggest trend changes are set to unfold. Get a FREE, two-week all access pass to EWI’s Financial Forecast Service: http://bit.ly/QcjYr0 Learn How the Wave Principle Can Improve Your Trading Related Posts:Technical Analysis – US 500 index slides beneath rising… April 8, 2024 US 500 creates some downside recovery Oscillators indicate bearish correction…AUD/USD: […]
Today’s Support and Resistance levels: R3: 1.6232 R2: 1.6200 R1: 1.6186 Current spot: 1.6178 S1: 1.6152 S2: 1.6123 S3: 1.6086 Technical summary: Yesterday’s rally found strong resistance at 1.6232 for a unexpected deep retracement, which best I counted as an x-wave. We will still be looking for a move higher towards 1.6450 to end wave […]
Today’s Support and Resistance levels: R3: 142.50 R2: 142.11 R1: 140.90 Current spot: 141.37 S1: 141.19 S2: 140.90 S3: 140.43 Technical summary: The wave ii correction is becoming more complex than first expected. The deep decline from 141.89 have to be counted as an x-wave and that means a new zig-zag correction is developing. However, […]
USD/CAD Elliott Wave After a strong start last week, the USD/CAD pair has retraced most of gains during Friday’s London and New York sessions, when developing the [ii] start. In the 4-hour chart above, we can see that we are currently retracing the cycle from the 1.1020 level, and we should see the end of […]
AUD/USD Elliott Wave From the second half of the January, the AUD/USD pair has been trading upwards inside the (B) wave (coloured red) of the bigger wave [Y] (coloured blue). In the 4-hour chart of the pair above, we can see that we are currently in the C of (B) wave, that is taking a […]
Read the entire article: http://bit.ly/1mqCxoi Learn How the Wave Principle Can Improve Your Trading Related Posts:XM and Human Initiative Spread Hope to Flood Disaster… April 15, 2024 In a heartwarming collaboration with the Human Initiative organization, XM…
The sentiment picture in commodities has reached a new extreme, even as prices remain below their 2011 high http://bit.ly/1lgWFt1 Learn How the Wave Principle Can Improve Your Trading Related Posts:Technical Analysis – US 500 index slides beneath rising… April 8, 2024 US 500 creates some downside recovery Oscillators indicate bearish correction…AUD/USD: Will correction turn into […]
Today’s Support and Resistance levels: R3: 1.6340 R2: 1.6306 R1: 1.6250 Current spot: 1.6182 S1: 1.6152 S2: 1.6123 S3: 1.6086 Technical summary: As expected wave b of wave iv of the ending diagonal terminated close to 1.6086 and wave c higher is developing. This c-wave could terminate close to the former top at 1.6232 and […]
Today’s Support and Resistance levels: R3: 142.50 R2: 142.11 R1: 141.72 Current spot: 141.38 S1: 141.26 S2: 140.90 S3: 140.43 Technical summary: As we predicted on Friday, a low was seen at 140.43 and a correction higher towards 142.11 – 142.50. This expected corrective cycle is unfolding according to our prediction and we expected this […]
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The legendary investor artfully escaped the 1929 crash. Is the psychology that drives a historic market turn at work now? http://bit.ly/1h1l3rb Learn How the Wave Principle Can Improve Your Trading Related Posts:Will Netflix earnings take the share price closer to its… April 15, 2024 Netflix is set to announce strong EPS and revenue growth…EUR/USD. April […]
USD/CAD Elliott Wave After a couple of days in the strong upward trend, the USD/CAD pair is showing some weakness at the moment, corrective wave [ii] (coloured black) of the bigger wave A (coloured blue) has been developing. In the chart of the pair above, we can see that short cycle from 1.10221 level is […]
AUD/USD Elliott Wave Since our last analysis, the AUD/USD pair has been trading upwards, just like we expected, impulsive wave i of the bigger wave (iii) has been developing. In the 1-hour chart above, we can see that the FLAT pattern in the (ii) wave has ended at the 0.8993 level, and from there we […]
Today’s Support and Resistance levels: R3: 1.6208 R2: 1.6160 R1: 1.6120 Current spot: 1.6107 S1: 1.6086 S2: 1.6053 S3: 1.6000 Technical summary: The b wave of wave iv should terminate soon and we should look for an impulsive rally higher towards 1.6450. This rally will end wave iv of the ending diagonal, which is currently […]
Today’s Support and Resistance levels: R3: 141.92 R2: 141.68 R1: 141.30 Current spot: 141.12 S1: 140.89 S2: 140.65 S3: 140.43 Technical summary: With a slight new low at 140.43 red wave v. As we now have a minor five wave decline from 143.79 we should expect a minor correction higher towards the 142.11-142.50 area, before […]
Sentiment is one of the most valuable indicators we have in financial markets. Read more: http://bit.ly/1gKoJBm Learn How the Wave Principle Can Improve Your Trading Related Posts:Trading Signals for GOLD (XAU/USD) for April 9-11, 2024:… April 9, 2024 Gold is trading around 2,346.43, retreating after reaching a new…Market Comment – Gold shines bright, yen knocks […]
USD/CAD Elliott Wave Since our last analysis, the USD/CAD pair has been trading upwards, just like we expected, we have slightly adjusted our primary view, but the trend stayed unchanged. In the 1-hour chart of the pair, we can see that we are looking at the corrective (X) wave (coloured red) as the Triangle pattern […]
AUD/USD Elliott Wave The AUD/USD pair has been trading downwards for last few sessions, since our short-term low gave up, we need to re-adjust our count a little bit. In the 1-hour chart of the AUD/USD pair, we are seeing a corrective pattern from the 0.1027 level, this is taking the shape of the FLAT […]
Today’s Suppor and Resistance levels: R3: 1.6376 R2: 1.6269 R1: 1.6230 Current spot: 1.6225 S1: 1.6184 S2: 1.6137 S3: 1.6109 Technical summary: Wave iii of the ending diagonal ended at 1.6086 and wave iv is currently unfolding towards 1.6450 from where the final wave v lower is expected. The internal waves of an ending diagonal […]
Today’s Support and Resistance levels: R3: 142.24 R2: 141.99 R1: 141.74 Current spot: 141.52 S1: 141.29 S2: 141.06 S3: 140.73 Technical summary: The consolidation in red wave iv has become more complex and a small triangle could be forming, but once this consolidation is over a new decline into the target area between 139.79 and […]
How to unlearn one of the most important lessons of your financial education: http://bit.ly/1gGBgG1 Learn How the Wave Principle Can Improve Your Trading Related Posts:Banks Q1 earnings: Weak results despite stock outperformance… April 10, 2024 US banks kick off Q1 earnings on Friday before opening bell Earnings…US CPI data unlikely to ease sticky inflation worries, but… April […]
USD/CAD Elliott Wave The USD/CAD pair has followed our plan from last analysis very good, wave (iii) (coloured green) of the bigger wave [c] (coloured black) has been developing. In the short term chart above, we can see the strong rally from the 1.1020 level (current end of the (ii) wave) towards the 1.1195 level, […]
AUD/USD Elliott Wave Since our last analysis, the AUD/USD pair has been trading upwards, just like we expected, impulsive wave iii (coloured blue) of the bigger wave (iii) (coloured green) has been developing. In the 1-hour chart of the pair above, we can see that pullback in the ii wave has ended at the 0.9629 […]
Robert Prechter forecasted more than 10 years ago that the War on Drugs would become more violent, leading eventually to the decriminalization of the possession and sale of recreational drugs. The Socionomist followed up in 2009 with an in-depth story by Euan Wilson called “The Coming Collapse of a Modern Prohibition.” We published an update […]
Today’s Support and Resistance levels: R3: 1.6315 R2: 1.6252 R1: 1.6195 Current spot: 1.6183 S1: 1.6158 S2: 1.6134 S3: 1.6086 Technical summary: The complex correction that began at 1.7153 in early August last year countinues to frustrate the overall picture. At this point, it is unclear whether the second zig-zag rally has begun or the […]
