Tag Archives: Euro

Elliott Wave Analysis of EURUSD

It is almost a full month since I presented you some analysis on the EURUSD. As discussed last time, Elliott Wave Analysis is a dynamic approach to the market. Your goal should not be to showcase that you can anticipate … Continue reading

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

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

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

EURO recovery is only temporary

We have had a fairly straight forward decline in the EUR/USD from 1.4565 area. All corrections till recently have been quick and relatively simple in structure. This means the time is ripe for a complex correction. The euro has been … Continue reading

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