USD/JPY, Daily chart. Triangle’s Wave (C) finished as a double zigzag. Also, there’s an upward impulse, which is likely wave A of (D). Wave B might have been in place, so we could be at the early stages of wave C of (D). The main …
USDJPY – Double zigzag is over – November 29th, 2020 Continue to charts & full analysis »
USD/JPY, Weekly chart. There’s no change to the outlook. There’s an upward impulse, which supposed to be wave ((A)). The following correction is likely taking the form of a triangle. The market should continue unfolding wave (D) inside the pattern as long as the price …
Elliott Wave Weekly: USDJPY to continue unfolding triangle Continue to charts & full analysis »
GBP/USD, 15H chart. The main wave count remains bullish. It seems like the fifth wave of wave (1) is underway. In this case, the pair is likely going to break the high of wave 3 in the coming days. GBP/USD, 120Minutes chart. There’s no change …
GBPUSD – Possible leading diagonal – November 29th, 2020 Continue to charts & full analysis »
GBP/USD, Weekly chart. The main outlook remains in force. The fifth of the ending diagonal is like over. If correct, we’re at the beginning of a new bullish market. In this case, the price should continue unfolding wave ((1)) or ((A)). GBP/USD, 15H chart. The …
Elliott Wave Weekly: GBPUSD to break last high Continue to charts & full analysis »
EUR/USD, 12H chart. It seems like wave 4 might take the form of a double zigzag. If correct, a fifth-wave advance should move on in the short term. EUR/USD, 120Minutes chart. The market has been moving up since the pullback occurred last Monday. I’ve adjusted …
EURUSD – Fifth wave advance to continue – November 29th, 2020 Continue to charts & full analysis »
EUR/USD, Weekly chart. It remains unclear which pattern we’re going to have as a whole correction. It seems like the last decline was finished in the form of a double zigzag. On the other hand, the last upward price movement looks like an impulse. In …
Elliott Wave Weekly: EURUSD to continue moving up Continue to charts & full analysis »
Dollar Index, Daily chart. The market has been declining since wave C of (B) finished. It’s still possible that wave (C) hasn’t been finished yet and we could have the rest of wave 5 in the coming weeks, Dollar Index, 4H chart. Wave 4 might …
A fourth-wave correction is underway. Wave A is over, so the market is unfolding wave B of (4), which is likely taking the form of a zigzag. This wave count will be in force as long as the market remains above the high of wave …
Let’s have a look at more detailed wave count. It seems like there’s a developing double zigzag in a position of wave ((a)) or ((w)). The current local correction is supposed to be the fourth wave of wave c. If correct, wave ((5)) is about …
GOLD – Downward double zigzag to end soon – November 27th, 2020 Continue to charts & full analysis »
