Thoughts on the USD/CHF currency pair by Sid from ElliottWavePredictions.com
Thoughts on the USD/CHF currency pair by Sid from ElliottWavePredictions.com. Cick on the chart to enlarge . . This the USD/CHF exact chart and wave count I showed in last week’s “Counts” webinar. None of the annotations on the chart have been changed since before the surprise announcement from the Swiss National Bank. Suffice it […]
Elliott Wave Update on the USD/CHF Currency Pair by Sid from ElliottWavePredictions.com
Elliott Wave Update on the USD/CHF Currency Pair by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. Necessity is the mother of invention, and after the invalidation of count on the USDCHF pair (shown in the previous free post), here is the slightly revised wave count. The bottom line: It appears that the […]
Elliott Wave Analysis of the USD/CHF Currency Pair by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the USD/CHF Currency Pair by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. The long-term pattern in in the USD/CHF currency pair shows that the August 2011 low was a VERY significant low, essentially ending two terminal Elliott Wave patterns simultaneously. The monthly chart above shows that the 2011 […]
EUR/USD update by Sid from ElliottWavePredictions.com
Here’s another interpretation of the recent price action in the Euro. A corrective wave count in the Euro up from the August 6 low is confirmed by a corrective WXY double zigzag count during the same period (but in the opposite direction) in the inversely correlated USD/CHF pair. The fact that MACD divergence is already […]
Elliott Wave Analysis of the US Dollar Index (DXY) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the US Dollar Index (DXY) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. While the 240 minute bullish divergence shown in yesterday’s chart of the US Dollar Index portends an imminent turn toward US Dollar strength, close inspection of the wave structures since the orange wave 3 bottom […]
Elliott Wave Analysis of the USD/CHF Currency Pair by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the USD/CHF Currency Pair by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. Since my last post a few hours ago, the dollar has strengthened against the Euro by 120 pips (so far), and I must admit, the price action appears impulsive. Also, the British Pound (GBP/USD) is following through in […]
Elliott Wave Analysis of the USD/CHF Currency Pair by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the USD/CHF Currency Pair by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. The USD/CHF currency pair may finally have put in a bottom of what I’m counting as Cycle Wave 3, which started way back in 1985. This could be an yet another piece of the puzzle falling […]
