DXY could continue towards 89.60 before running towards 91.40 Levels. At those levels, it will be watched for the down-trend to continue. *Please like and share if you found the idea useful. Thanks!
Bullish Correction does not seem to be complete as the DXY Pattern keeps on becoming more and more Complex. In other words, DXY could commence a Bullish Swing in order for the entire Corrective Pattern to complete. This is because the Bearish Swings previously predicted in the FOMC Press Conference - DXY - Triple Three article do not really fit a proper Impulse...
XAG/USD – SELL Positions: Aggressive – 16.65 with SL @ 16.87 Moderate – 16.70 with SL @ 17.00 Targets – 16.40 / 16.15 / 15.85 / 15.50
EUR/USD – SELL Positions: Aggressive – 1.24250 with SL @ 1.2480 Moderate – 1.24500 with SL @ 1.25100 Targets – 1.2340 / 1.2250 / 1.2180
DAX30 – BUY Position: 00 with SL @ 11700.00 Targets – 12200.00 / 12450.00 / 12650.00 / 12850.00
XAU/USD – SELL Positions: Aggressive – 1245.00 with SL @ 1360.00 Moderate – 1350.00 with SL @ 1370 Targets – 1325.00 / 1310.00 / 1295.00 / 1285.00 / 1265.00
FOMC Press Conference is right around the corner and the outcome is being watched by traders all over with much interest. Dollar Index (DXY) is showing a Triple Three Pattern which would mean that USD could get trashed once more, just as it did on my previously posted "FED December Rate Hike – DXY Technicals – Elliott Wave Analysis" article when I said that the...
USD/CAD previous Bearish views and set-ups worked out amazingly good and the Members cashed in some impressive green pips. Previous Articles: USD/CAD (dollar/loonie) - Elliott Wave - Long Term Forecast - BUY & SELL USD/CAD-Dollar/Loonie – Bearish Break-Out – Intermediate (C) Now it looks like another Bearish Wave could be preparing, therefore, I am...
DXY (Dollar Index) Structure shows me that it has more chances to show a Bearish outcome than a Bullish one. According to the previously posted DXY - Cheating with the Joker - Double or Triple Three? video, this could very much turn out to be true. Wave Counts suggests that the Double Three Pattern is complete and that DXY could start unfolding a possible...
During the Bull Market in Intermediate 3, Nasdaq was my favorite because of its Wave Count, hence the reason for the successful view on the NASDAQ100 – Bullish Minor 5 - Bulls Come-Back article. US Indices synchronized their individual Bearish legs once they reached the tops back on the 2nd of Jan. Same day, right before the sell-off began, I posted the CBOE...
During the Bull Market in Intermediate 3, Nasdaq was my favorite because of its Wave Count, hence the reason for the successful view on the NASDAQ100 – Bullish Minor 5 - Bulls Come-Back article. US Indices synchronized their individual Bearish legs once they reached the tops back on the 2nd of Jan. Same day, right before the sell-off began, I posted the CBOE...
During the Bull Market in Intermediate 3, Nasdaq was my favorite because of its Wave Count, hence the reason for the successful view on the NASDAQ100 – Bullish Minor 5 - Bulls Come-Back article. US Indices synchronized their individual Bearish legs once they reached the tops back on the 2nd of Jan. Same day, right before the sell-off began, I posted the CBOE...
Trading tip: Caution is needed with the Wave Counts below as the Dollar Index could "pull" its last available "joker" in its sleeve and extend the Corrective Structure towards a Triple Three, thus resulting in a temporary Bullish outcome before the expected fall. Members already took profits on the previous BIG RED BEAR knocking on your door! Part 2 - DXY 2H ...
Ripple (XRP/USD) is presenting a possible Bullish Sequence as per the current Wave Count. Corrective Structure reflects a Complex Double Three, with a last piece remaining to unfold. However, according to other structures this sequence can take, Ripple (XRP/USD) could be a good BUY at these times. Those who are holding could see $5.75 in 2018 or even more....
USD/CHF - SELL Aggressive Entry @ 0.9500 SL @ 0.9600 Moderate Entry @ 0.9550 SL @ 0.9675 Targets: 0.9350 / 0.9200 / 0.9050 / 0.9000 *BIG BUY after this Swing.
USD/JPY - SELL Entry @ 107.50 (or Market if Aggressive) SL @ 108.50 Targets: 106.00 / 105.00 / 104.00 / 103.00
EUR/USD - BUY Entry @ 1.2150 (or Market if Aggressive) SL @ 1.2000 Targets: 1.2400 / 1.2650 / 1.2750 / 1.2850 / 1.2950 / 1.3000
SILVER (XAG/USD) - BUY Aggressive Entry @ 16.15 SL @ 15.75 Moderate Entry @ 16.00 SL @ 15.50 Targets: 16.80 / 17.20 / 17.60 / 18.00 / 18.50 / 19.20 / 19.60 / 20.00