Tag Archives: currencies

EUR/USD Chart Analysis

Posted on July 3, 2011 by Ramki

We are in one of those times when we know the immediate move for the Euro is up, but are grappling with how deep will it move down after the current rally is over. From an Elliott Wave perspective, the … Continue reading →

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Posted in Euro | Tagged , , , , | 4 Comments

Sterling, India’s Sensex and Australian Dollar Outlook plus holiday notice

Posted on October 28, 2009 by Ramki

Hello, I am going to be away for a month on holidays. So will catch up with you when I return. In the meantime, here are two quick updates that you might find interesting. One is on GBP/USD and the … Continue reading →

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Posted in AUD, GBP, India | Tagged , , , , , , | 3 Comments

Sharp rally in Sterling was no surprise

Posted on October 18, 2009 by Ramki

On 5th October 2009, I posted an early warning to traders of Sterling Pound (GBP/USD)that there is something fishy about the decline from 1.6742, and we are likely to see another rally in the Pound. Trouble is, it is so … Continue reading →

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Real Time Update on Sterling Trade Idea

Posted on October 12, 2009 by Ramki

This is going to be a quick update. The chart explains it all. If we come below 1.5775, we shoudl come off to 1.5685 initially and perhaps a lot lower. Here is an update on the charts above

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Intriguing Moves in Sterling

Posted on October 5, 2009 by Ramki

Fans of Eliott Wave analysis know that a trader has to be alert to correctly interpret new signals as they emerge. This is the ONLY way one has a chance to make money in any market, particularly in the forex … Continue reading →

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Posted in GBP | Tagged , , , , | 1 Comment

USD/YEN trade idea

Posted on October 4, 2009 by Ramki

There has been a lot of noise recently about the strengthening Yen. On Friday, the currency pair has closed marginally above a downtrend line of resistance, and this potentially sets up a low-risk trade for the patient participant. I am … Continue reading →

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Cable comes crashing

Posted on September 30, 2009 by Ramki

Nothing works like Elliott Wave analysis when it works!  The Pound has dropped 200 pips already. While we could expect more weakness ahead, I would like to be prepared with a plan of action should we see a strong correction … Continue reading →

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Sterling Pound Outlook: an update

Posted on September 29, 2009 by Ramki

We got the dip to 1.5768 and a strong rally that has reached 1.5980 at the time of writing. I think there is a chance for some selling at 1.6003, but the bigger resistance lies at 1.6079. From one of … Continue reading →

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Posted in GBP | Tagged , , , , | 1 Comment
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