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. […]
New Long-Term Elliott Wave Count for the EUR/USD Currency Pair by Sid from ElliottWavePredictions.com
New Long-Term Elliott Wave Count for the EUR/USD Currency Pair by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. After a few days away from the charts, I’ve come back to them with “new eyes”. As many of you know, I’ve been thinking that the early May high in the stock market and […]
Elliott Wave Analysis of S&P-500 and EUR/USD by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of S&P-500 and EUR/USD by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. My wave counts for the S&P-500 and the EUR/USD currency pair have reached a very important juncture, because either my main S&P count is correct, with a wave 5 burgundy rally due to commence, AND my alternate […]
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. I’m now calling the above my preferred count for the Euro. We’re probably just a day or two away from the MACD divergence I’ve been looking for on this 180 minute chart. Just beware that 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 charts twice to enlarge. Last week was pretty significant in my opinion, because the US Dollar lost ground at the same time as the US stock market. This could be a game changer if it sticks. These two have been […]
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 chart twice to enlarge. Here is a quick update of the EUR/USD pair. It shows both the main count, which is very close to invalidation, and the alternate, the “expanded flat for wave 2 pink” scenario, which, if price moves above […]
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 . .
EUR/USD update – one more slight new high is possible, but a major trend change looms . .
Gettin’ very close now . . I’m expecting the long awaited trend change in the EUR/USD tomorrow or Friday at the latest. In my opinion, based on the wave structure, the uptrend since June of 2010 to likely to end no higher than in a tight zone of 1.4970 to 1.5. Invalidation is still at […]
EUR/USD updated chart from Sid at ElliottWavePredictions.com
EUR/USD updated chart . . Since wave 3 green was shorter than wave 1, there is a maximum for wave 5 green, which is almost exactly to the pip the same as the invalidation point for the long term 1-2-1-2 scenario . . http://elliottwavepre.wpengine.com
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 […]
