Tag Archives: elliott wave analysis of EUR/USD

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

Elliott Wave Analysis of EUR/USD

Posted on April 26, 2011 by Ramki

Elliott Wave analysis is always a work-in-progress. We could determine a possible target at one point in time, and once that is reached, a new higher target might become necessary depending on fresh information. It is important to understand that … Continue reading →

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Posted in Euro | Tagged , | 2 Comments

EUR/USD starts new downtrend

Posted on January 19, 2011 by Ramki

In all probabilty, yesterday’s high at 1.3539 marked the end of a complex correction for the EUR/USD and so we are potentially in the middle of the first leg of a new short-term downtrend. In case you had sold around … Continue reading →

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Posted in Euro | Tagged , , | 1 Comment

EUR/USD outlook near term

Posted on January 11, 2011 by Ramki

A few days back I had suggested that we could be in an extended fifth wave, and was looking for a place to go long EUR/USD. However, the markets never rallied from the anticipated targets, signalling that it was the … Continue reading →

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EUR/USD outlook short term trading

Posted on January 5, 2011 by Ramki

For those looking for a short term outlook for the EUR/USD, here is the Elliott Wave analyst’s take on where we are likley to go in the next few sessions. The Euro is currently trading around 1.3220, after having come … Continue reading →

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Posted in Euro | Tagged , | 1 Comment

Elliott Wave Analysis of EUR/USD 19Aug2010

Posted on August 19, 2010 by Ramki

Elliott wave analysis requires the trader to have an open mind about what could happen. The wave principle is capable of giving you a road map. You follow the signs until you run into an obstacle, at which time you … Continue reading →

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Posted in Euro | Tagged , | 3 Comments

Medium-term forecast on EUR/USD

Posted on May 31, 2009 by Ramki

One of the golden rules to follow is never make a forecast! That doesn’t mean one shouldn’t have a plan of action ready. What the pundits say is the market has a mind of its own, and you are very … Continue reading →

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Posted in Euro | Tagged | 14 Comments