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 each chart twice to enlarge. Here are my updated and slightly revised long, intermediate, and short-term Elliott Wave counts for the EUR/USD currency pair. The expectation moving forward is very similar to my truncation count from before. These new main counts […]
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. Here’s my end-of-the-week “take” on the Euro. Next week is important, and there are three things I’ll be on the lookout for as confirmations of a major trend change: 1) a clear 5th wave down, with […]
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 […]
Elliott Wave Analysis of the Dow Jones Industrial Average DJIA by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the Dow Jones Industrial Average DJIA by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. The internal wave structure of the move down in the DJIA from the July 7 high though the August 9 low can count as completed waves 1, 2, and 3 black, and more to the point, appears […]
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 charts twice to enlarge. I’ve decided to re-classify my main and alternate wave counts for the Euro, so that both are now equal in probability rank. I’ll call them Scenario A and Scenario B, which are pictured above, and described […]
Elliott Wave Analysis of the Dow Jones Industrial Average DJIA by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the Dow Jones Industrial Average DJIA by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. The following best represent the many questions I’ve received over the past 3 days: 1) Is the top is in? My answer: I’m afraid so. Both the S&P-500 and Russell 2000 moved aggressively into […]
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. […]
Quick Update on Gold by Sid from ElliottWavePredictions.com
Quick Update on Gold by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. It looks like the area surrounding my last published Fibonacci target of 1589, which was arrived at based on the historical tendency of extended wave 5’s to equal the net traveled by the same degree waves 1 through 3 is […]
Quick Update on the Dow Jones Industrial Average DJIA (YM Futures Contract) by Sid from ElliottWavePredictions.com
Quick Update on the Dow Jones Industrial Average DJIA (YM Futures Contract) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. The trading week started with a gap lower, followed by choppy upward movement. We now have what easily could be interpreted as a completed 5th wave, supported by MACD divergence between the […]
