Lionheart-EWA

Lionheart-EWA Updated 

USD/CHF – BUY Position – Status: • Structure developed into a Triple Three Pattern, causing a Fake Break-Out • Alternative Entry Level: 0.94500 with SL at 0.93200 and TP at 0.97800

Lionheart-EWA Updated 

Wave Count indicates that a 3 Swings Correction is on the way for the Dollar Index.

Lionheart-EWA Updated 

EUR/USD – SELL Position – Status: • Structure developed with a Fake Break-Out. • AB=CD Harmonic Pattern spotted – Bearish Bat • Alternative Entry Level: 1.20800 with SL at 1.21800 and TP at 1.18400

Lionheart-EWA

GBP/USD Retracements contains a Running Flat in Minuette (b) and an Extension within Minuette (c) (black). At this stage, any upside would be limited in your view and we do not believe that we should give up on the SELL set-up, therefore, we are engaging in another Bearish view. Wave Count is completing and a Bearish Divergence is visible. GBP/USD-Pound/Dollar...

Lionheart-EWA Updated 

Crude Oil - WTI awaiting 51.50 mark, looking at the level as resistance then looking for an impulse to the downside. Long views only after the last bearish swing. *more info available for our members.

Lionheart-EWA Updated 

Technical Standpoint & Possible Direction: On the Daily Chart, USD/CAD-Dollar/Loonie pretty much seems like it has been trading overall within a Complex Corrective Structure, labelled as Cycle Wave IV (green). The Complex Corrective Structure started unfolding in Jan 2016, with its first leg labelled as Intermediate (A) (red). It took Intermediate (A) (red)...

Lionheart-EWA Updated 

USD/JPY-Dollar/Yen delivered and finalized our previously posted Bearish Swing for Corrective Minor 2 (green) Wave. We are now focusing on a BUY Set-Up on USD/JPY-Dollar/Yen due to the fact that Dollar-Index (DXY) bounced from Significant Levels and confirmed our previously posted Trend Reversal. Corrective Structure Bullet-Points: • Minor Wave 2 (green)...

Lionheart-EWA Updated 

Full Chart Explanation available for our members.

Lionheart-EWA Updated 

History may repeat itself. ECB meeting expectations are for a QE extension and Mario Draghi might rock the boat. USD is slightly vulnerable with Trum's economic plans VS FED Rate Decision so if we have a Combo for EUR/USD Fundamentals, we may see another Up-Trend.

Lionheart-EWA Updated 

NZD/USD has been trading higher ahead of the today’s US Inflation Reports, Federal Reserve Rate Statement and the highly anticipated FOMC Press Conference. Fundamental View: From a Fundamental point of view, most market analysts are expecting FED to raise the rates by 0.25% benchmark points, from 1.00% towards 1.25%. This of course is causing a positive...

Lionheart-EWA Updated 

Pound/Dollar-GBP/USD has retraced from the previously posted 1.3000 Levels and is looking vulnerable against most FX Majors with a new Bearish Cycle winking. There is still a Bearish Stance present for the Pound/Dollar-GBP/USD as the UK Elections are right around the corner and news-wise there are almost no consistent signs of a Bullish outcome for the...

Lionheart-EWA Updated 

SILVER-XAGUSD is trading overall in an ABC Intermediate Structure and has completed the last Bearish Swing, which we were waiting for. Intermediate (A) (turquoise) unfolded with a 5 Wave Sequence which leads us to say that Intermediate (C) (turquoise) would most likely going to start its Bullish Rally with 5 Waves Sequence as well. Intermediate (B) (turquoise)...

Lionheart-EWA Updated 

USD/CHF – Bullish Trend – Ascending Triangle – Primary Wave C USD/CHF caught our attention with its impressive Complex Corrective Structure for the Cycle Waves ABC (black). This Complex Structure has been unfolding ever since Aug 2011. Let’s have a walk-through! Cycle Wave A (black): Primary A (green) unfolded with a 5 Wave Sequence, with a Running Flat in...

Lionheart-EWA Updated 

GER30-DAX is close to finalizing the ABC Grand SuperCycle with a few more last moves within Grand SuperCycle Wave C (pink). These are interesting times we are living and here at Lionheart Elliott Wave Analysis, we believe that the Bull Market for GER30-DAX is coming to an end. Therefore, we are looking in the near future for signs of a Market Crash. Within Grand...

Lionheart-EWA Updated 

* Full Chart Explanation available for our Members.

Lionheart-EWA Updated 

Following up on our previous post and SELL Set-Up on EUR/USD, we would like to ''push the pedal'' on this pair and emphasize that we are having a Bearish view. Let's make a small recap and see where we are located, shall we? Aggressive and Moderate Entries did not hold due to the Complex Expanded Flat Formation in Minute IV (green) and an unexpected Extension in...

Lionheart-EWA Updated 

USDJPY-Dollar-Yen began our previously posted Bullish Cycle for Primary 5 (purple). The 1st Leg is about to be completed with Minor 1 (blue) at or around 115.00 Levels. Corrective Minor 2 (blue) shall retrace towards 110.60 Levels. Within Minor 1 (blue), Minute III (green) unfolded with with a Bullish Rally towards April's Resistance Levels and Minute IV (green)...

Lionheart-EWA Updated 

EUR/USD-Euro/Dollar has touched our previously predicted and mentioned 1.09800 Levels, as per the posted analysis. Due to Price Action developing recently, we have decided to update the SELL Positions and Levels. EUR/USD-Euro/Dollar is unfolding with Minor C (light blue) which is the last piece of the puzzle for the entire Primary Corrective Cycle (ABCDE...