Elliott Wave Analysis of the US Dollar Index by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the US Dollar Index by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. Even though my expectation for a drop in the British Pound (and Euro) has played out nicely so far, I am concerned by the wave structure in the US Dollar Index. Based on the wave counts […]
Recap of the last two Weekend “Counts” Webinars by Sid from ElliottWavePredictions.com
Here are a few of the predictions and observations presented druring my last two live Sunday webinars (Feb 5 & 12): 1) I’ve been pounding the table the last two webinars that the best opportunity at the moment right now was in currencies, because of a technical expectation of renewed US Dollar strength. Of the major currency pairs, I felt that the USD/JPY pair […]
Elliott Wave Analysis of the EUR/USD Currency Pair by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the EUR/USD Currency Pair by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. My long standing expectation for a pink ABC zigzag to complete wave 5 blue of an ending contracting diagonal in the Euro is still right on track, as is the inverse in the US Dollar Index. […]
Elliott Wave Analysis of the US Dollar Index by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the US Dollar Index by Sid from Elliott WavePredictions.com. Click on the chart twice to enlarge. My alternate count is now the main count, and vice versa. Either way, the Dollar is either already in wave 3 up, or soon will be. A big rally in the dollar appears to have […]
The top is likely in on the Euro, and therefore a bottom in the US Dollar. Huge ramifications . .
I was in a hurry to get this posted, so the orange line connecting the extremes of wave 1 & 3 orange is in the wrong place, but you get the idea. It really does look like a major turn has just occurred in the dollar, and therefore the commodities . .
New main & alternate Elliott Wave counts for EUR/USD currency pair from Sid @ ElliottWavePredictions.com
Here is my new road map for the Euro. (Click on it to enlarge). There’s lots of good information on the chart, so please take some time to look it over. Both a main and alternate count are depicted. There are numerous reasons why I chose this particular main and alternate count moving forward, the […]