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Counting Elliot Waves in USD/CHF

By Ramki on November 23, 2008

A reader has asked about a possible fifth wave extension in USD/CHF. (refer comment by Dolphin). We are currently trading at 1.2217. I see some solid supports at 1.2000 levels and tehn some more at 1.1850 levels just now. These supports could only move higher as we stay better bid on the dollar.

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  • guru: Brilliant Call as always – cable just flew into your target range!!!
  • Mehul: Any fresh up dates on the sensex / nifty (NSE) Could you let me know your latest views
  • Srinivasan: Mr. Ramki, I’m a frequent visitor to your blog. I greatly appreciate you sharing your thoughts and...
  • puneet walia: hello sir, my name is puneet walia, i read some of your comments about forex markets and other markets...
  • Ramki: Hi Sanjita, I am bearish for sterling as outlined in the medium term update. Resistance at 1.5185 area for now.
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  • Ramki: Hello MH, I’m inclined to give the DUbai index some more time before thinking of buying. We could get a...
  • Ramki: HI JanakiRam, This stock looks really weak. I’d be happy to get out of a good portion of my investment...
  • janaki ram: ramki , i read ur comment on DLF and i am interested. what is ur present on this stock. i purchased it at...

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