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 chart twice to enlarge. My main long term wave count for the British Pound is that a triangle lasting almost 3 years ended on October 31, and a thrust projected to move almost 4000 pips downward over the next year […]
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 chart twice to enlarge. I wouldn’t be surprised if we get a rally from here in Cable, lasting possibly through tommorrow, to complete the correction of yesterday’s huge downward impulse. If that occurs, it would likely be mimicked in the […]
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. With the chance of an ending expanding diagonal now invalidated, and the super bearish character of the move down from the top, this is now my main count, without reservation. Invalidation is now at 1.42477. Please […]
Something to watch for in the Euro over the next few hours by Sid from ElliottWavePredictions.com
All commentary is on the chart . . Sid http://elliottwavepre.wpengine.com
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. We may have a wave 2 blue top in for the Euro, but the upward movement from the early October low is just as likely to be a zigzag for wave “a” pink. Either way, there […]
Quick Update on the S&P-500 and Euro by Sid from ElliottWavePredictions.com
The Euro and the S&P just moved past the upside invaldation point of the triangle scenario. It is therefore possible that wave B black in the SPX already finished as either a running flat, or a WXY combination, and an upward 5-wave impulse for wave C black is underway, starting either from the Oct 18 […]
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. If the Euro starts rallying by tomorrow, I think the Elliott Wave count depicted in the chart above is correct. Typically, in an expanding ending diagonal, wave 5 terminates just before reaching a trend line extending […]
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. We may have seen the end of wave 1 blue today, although there is a slightly lower fibonacci target at 1.334, if wave 5 green within wave 5 pink reaches .382 times the net distance traveled […]
Elliott Wave Analysis of the DJIA and Euro by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the DJIA and Euro by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. I think this next week is a bit of a crap shoot. We are due a pink wave “b” in the DJIA and SPX, but it could be short & quick (if blue Y equals blue […]
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. If the Euro moves below 1.37951, this will be the final confirmation in my opinion that Wave 3 blue within wave 3 black is underway. Within wave 1 blue, the fibonacci relationship where wave 5 pink […]
