Category: Elliott wave analysis
Technical analysis on EUR/TRY and CAD/TRY
EUR/TRY – One of my favorite crosses, is close to strong resistance. The consolidation since the 228.49 low has dragged on longer than I expected, but this is one of this Cross advantages, as this forward premium works to your advantages in periods of …
Elliott wave and technical analysis on Crude oil and Natural Gas
Crude Oil – Seems that the little bull-flag which has been building over the last few weeks finished on Friday and that a rally above the May – 2011 high at 114.83 will be seen soon.The long term Inverse S/H/S target is near 131.60.Natural Gas – Have w…
Elliott wave and technical analysis on EUR; The VIX-Index and DJI
EUR/USD – The rally we saw on Friday has forced me to change my short term count. The best fit is, that we are in wave “c” of an expanding flat correction and that we should see a continuation higher towards the 132.73 – 132.92 area before wave 2 is ov…
Elliott wave and technical analysis on EUR/USD; USD/JPY; VIX-Index and DJI
EUR/USD – Should make it to at least 129.73, but I do think the 126.00 area will make a better targetUSD/JPY – I have change my count a bit. As support at 81.86 protected the downside we most likely is only in wave iii up and should see a continuation …
Elliott wave and technical analysis of USD/CAD; AUD/USD; NZD/USD and Natural Gas
USD/CAD – Here we should soon see a break above minor resistance at 99.50 for a challenge of strong resistance near 100.50 any break above here will leave the upside open towards the neckline resistance near 106. Support at 98.86 and more importantly 9…
Elliott wave and technical analysis on EUR/USD and the VIX-Index
Found a way around the bad charts from the last couple of days. I’m sorry for the quality of the uploads, but it should be fixed with the new approachedEUR/USD – The correction in wave ii of 3 became slightly bigger than I expected, but it has changed …
New all time high in Apple but…
Apple – Made new all time highs today, but be careful as we are in the very last part of the long term uptrend, which began way back in 1997. In my view the prudent approached will to lift stop to 533 as a break below here will leave us with an overlap…
Elliott wave analysis on GBP/USD
Pleas double-click on the charts and they will be fine.GBP/USD – We are breaking support at 156.40, which has protected the downside the last three weeks. The break below this support is the first warning, that we are ready to the next big down-leg to …
Elliott wave and technical analysis on EUR/USD; USD/JPY and USD/CAD
Still no solution to the messy charts, but double-click on them and they are okay.EUR/USD – We have seen the first wave (i) down in wave 3 end at 130.77 and should now be working on wave ii of 3. If my count is correct and we are in wave 3 down the cor…
Low risk buying opportunity in USD/CAD
You still have to double-click on the charts to see them properly.USD/CAD – I do think we are very close to a turn around here. We might see a move to just below 98.79, but support at 98.38 should not be in danger of being broken. Therefor I think this…
