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 […]
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 […]