Category Archives: Euro

Additional Chart of EURUSD

NOw that we have actually reached 1.3670, you need to know when it is confirmed that the move is over. We don’t want a scenario where because of the extended 5th wave seen in the last chart that we get … Continue reading

Share
Posted in Euro | Tagged , , , , | 9 Comments

EURUSD update

Here is a quick update on the EURUSD. Remember, when you are trying to deal with a live market, you keep adjusting your strategy as it unfolds. This morning, the EURO gapped down to 1.3565 (our 100% projection level). From … Continue reading

Share
Posted in Euro | Tagged , , , , | Leave a comment

Elliott Wave update on EURUSD

The European situation has come to a quick boiling point, and the ECB action/words (plus the resignations etc) have all but pulled the supports under the currency. The charts give you some indication of how I am counting the waves, … Continue reading

Share
Posted in Euro | Tagged , , , , | 7 Comments

Analysis of EUR/USD

Now that the Euro has come off to the target mentioned last week, we can try to finetune the possible end points for the current weakness. Remember again that we are still looking at short term trades. Elliott Wave analysis … Continue reading

Share
Posted in Euro | Tagged , , , | 3 Comments

Quick update on EUR/USD

The value of going back to the bigger picture is illustrated by yesterday’s moves. We were focusing on the 1 minute chart trying to capture a decline to 1.4050, and missed out the bigger poetntial to the upside because of … Continue reading

Share
Posted in Euro | Tagged | 5 Comments

EUR/USD: timing the trade

As they so often remind us, timing the trade is the secret of success. Trouble is, we will know what is the perfect time only afterwards. So we are left with the problem of having to guess what is the … Continue reading

Share
Posted in Euro | Tagged , , | Leave a comment

EUR update

This is a quick one on the Euro. We are in a corrcetion and think one more downmove should materialize, perhaps from 1.4090. (Max 1.4135)

Share
Posted in Euro | Tagged , | Leave a comment

EUR/USD example of Elliott Wave Analysis

The most dramatic sell off in EUR/USD has one wondering whether Elliott Wave principle worked. There are six charts that I offer you as an example using the most recent moves. Study them carefully and see if you can use … Continue reading

Share
Posted in Euro | Tagged | 6 Comments