Elliott Wave Analysis of the USD/JPY Currency Pair and 30yr T-bonds by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the USD/JPY Currency Pair and 30yr T-bonds by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. Since the May 22 high, the USD/JPY currency pair has exhibited what is likely to be a final zigzag to the downside to complete blue wave 2. The zigzag started with a 5-wave […]
Elliott Wave Analysis of 30-Year T-Bonds (ZB Futures Contract) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of 30-year T-bonds (ZB futures contract) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. I’ve been looking for signs that 5 waves up had finished in 30-year treasuries, and there are several technical clues that a potentially very significant top was put in on Thursday of last week. See […]
Elliott Wave Analysis of the S&P-500 (SPX) – Quick Update by Sid at ElliottWavePredictions.com
Elliott Wave Analysis of the S&P-500 (SPX) – Quick Update by Sid at ElliottWavePredictions.com. Click on the chart twice to enlarge. If wave 5 blue within wave 1 black is still underway as an extended 5th wave, the next most typical target is where wave 5 equals the net traveled by waves 1 through 3. […]
Elliott Wave Analysis of the S&P-500 (SPX) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the S&P-500 (SPX) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. If my interpretation of the movment down from May 1 as a 5-wave impulse is correct, the implication is that downward movement in US equities has only just begun. My main (and long-held) wave count has been expecting a […]
Short-Term Elliott Wave Update on the EUR/USD, GBP/USD, and USD/JPY Currency Pairs
Short-Term Elliott Wave Update on the EUR/USD, GBP/USD, and USD/JPY Currency Pairs. Click on the charts twice to enlarge. Here are my current main hourly counts for the Euro, Pound and Yen. Both the Euro and Pound are involved in major bear market thrusts out of triangles, and have a long way down to go. […]
Elliott Wave Analysis of Gold and Silver by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of Gold and Silver, and an update on the British Pound by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. Both Gold and Silver appear to be sporting triangles in the middle of the recent downward movement starting February 28/29. Since triangles cannot appear alone in a wave 2 position, […]
Elliott Wave Analysis of the GBP/USD Currency Pair by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the GBP/USD Currency Pair by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. The British Pound appears likely to be making one last push to the upside. The target zone for the end of the rally that started in mid-January is essentially between 1.625 and 1.63. Once an upward […]
Elliott Wave Analysis of the USD/JPY Currency Pair by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the USD/JPY Currency Pair by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. The Yen is showing several signs that the choppy, overlapping correction that started on March 21 may finally be complete as a green WXY combination. MACD divergence is showing on 240, 60 and 15 minute charts, and […]
Elliott Wave Analysis of the US Dollar Index ($DX) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the US Dollar Index ($DX) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. Here is my main wave count for the US Dollar Index ($DX). As expected in my last US$ post on April 4, choppy, corrective downward movement continued in the Dollar, but appears to have ended […]
