Daily Elliott Wave Analysis – 08-27-19 – Wave three is near.

Good evening all. EURUSD 1 hr 4 Hours Daily Price has held above the 1.1051 invalidation line so far today.A slight new low created today looks like a corrective decline,so if we see a rally back above 1.1164 tomorrow,that will confirm that wave (c) is underway. I...

Daily Elliott Wave Analysis – 08-26-19 – A rethink of USDJPY.

Good evening to one and all. Back to another week of action. And it started with a bang for USDJPY overnight! Lets get into that immediately. EURUSD 1 hr 4 Hours Daily EURUSD fell off Fridays high in five waves so far.I have labelled this decline as part of wave 'ii'...

Daily Elliott Wave Analysis – 08-21-19 – Wave 2 everywhere.

Good evening everyone. EURUSD 1 hr 4 Hours Daily EURUSD is defying its own wave count and momentum signals at this point!The rally in wave (c) is delayed but still on the cards.4hr momentum is rising off an extreme oversold level,which signals a turn higher at least...