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Daily Elliott Wave Analysis – 08-16-19 – Another day closer.
Good evening all. EURUSD 1 hr 4 Hours Daily EURUSD has put in at least a short term low this afternoon at 1.1066.The price has fallen in five waves in wave 'c' pink to that low,and now we have a spike higher,which could be the beginning of wave (c) of [ii].Wave (c) is likely to [...]
Daily Elliott Wave Analysis – 08-14-19 – USDJPY hanging on the edge.
Good evening everyone. EURUSD 1 hr 4 Hours Daily Wave 'c' of (b) has now traced out a five wave decline into this evenings lows.This should be enough to complete wave 'c' and the larger wave (b).The bearish sentiment is proving very hard to counteract these days.So the overall size of wave [ii] may end [...]
Daily Elliott Wave Analysis – 08-14-19 – Back with a BANG!
Hello everyone, I do hope you are well. EURUSD 1 hr 4 Hours Daily The triangle within wave (b) has created a larger structure than previously thought.The price range continued to contract into Tuesdays high.and that completed wave 'b' as shown.The decline today is labelled as wave 'c' of (b),And if wave 'c' traces out [...]
Daily Elliott Wave Analysis – 08-13-19 – Wave two continues for Stocks and Crude.
Good evening to one and all. EURUSD 1 hr 4 Hours Daily So far we have a three wave decline off Mondays high at 1.1230.This can be counted as a small correction within wave (c) for now.But the price must hold above 1.1161. If 1.1173 breaks,that will signal that wave (b) is extending to larger [...]
Daily Elliott Wave Analysis – 08-12-19 – A bigger picture for GOLD.
Good evening everyone. EURUSD 1 hr 4 Hours Daily EURUSD hit spiked lower to 1.1160 this morning in wave 'c' pink.This action has completed a combination wave (b).The market rallied off the low and is now back above 1.1200 again.Wave (c) is now most likely underway and the pattern allows for a rally above initial [...]
Daily Elliott Wave Analysis – 08-09-19 – Exciting times coming…….
Good evening everyone. EURUSD 1 hr 4 Hours Daily The sideways correction in EURUSD rumbles on today.The current triangle is either wave 'b' of (b) as shown,or this triangle is going to complete wave (b) all together.I that case,Thursdays low at 1.1176 will not be broken again,and wave (c) will begin with a break of [...]
Daily Elliott Wave Analysis – 08-08-19 – Now for the main show!
Hi there everyone. EURUSD 1 hr 4 Hours Daily EURUSD is well into wave (b) of [ii] this evening after a sideways trade today.I have shown a possible triangle wave 'b' of (b) underway.This should complete early tomorrow,with wave 'c' of (b) left to complete a three wave correction in (b).The we should get a [...]
Daily Elliott Wave Analysis – 08-07-19 – Three waves up on the cards.
Hi there everyone. It seems like the summer of 2007 again in many ways. Bullishness on the economy is sky high, but there are very menacing currents shifting underneath the surface. Very few people recognize the trend change occurring in real time. But these people are around. Of course when the economy is tanking next [...]