by Lara | Feb 4, 2016 | NZDUSD
Elliott wave and traditional technical analysis of NZDUSD. New updates to this analysis are in bold. ELLIOTT WAVE COUNT Click chart to enlarge. Primary 3 should end when RSI indicates oversold and most likely not before. Currently RSI has returned just above oversold....
by Lara | Feb 4, 2016 | Silver
Last week’s Silver analysis expected some upwards movement. Again, this is exactly what has happened. Summary: Price should move lower from here. The main wave count expects to see a new low below 13.569, so the alternate would be invalidated below this point....
by Lara | Feb 2, 2016 | US Oil, US Oil Historical |
Last week’s analysis expected to see 8 sessions of overall upwards movement to a target at 31.47 or 34.16. Price moved higher for 7 sessions to reach 34.82. Summary: The correction for minor wave 4 is very likely to be over. This would be confirmed with a clear...
by Lara | Jan 28, 2016 | Gold |
Yesterday’s analysis expected sideways / downwards movement to a short term target about 1,114. Price has moved lower as expected to reach to 1,111.76 so far. Summary: The correction should be over here and should be followed by upwards movement to new highs....
by Lara | Jan 27, 2016 | Silver
Last week’s Silver analysis expected more sideways movement, which is again exactly what has happened. Summary: The correction is closer to completion. Volume from StockCharts indicates the breakout is more likely to be upwards, which favours the alternate wave...
by Lara | Jan 27, 2016 | Gold |
More upwards movement was expected. Summary: Both wave counts now expect some sideways / downwards movement for a small fourth wave to most likely end about 1,114. Thereafter, at least one more push up to 1,135 is expected. That is the point where the wave counts...
by Lara | Jan 25, 2016 | Gold |
Upwards movement continues as expected. Summary: The target for the bear wave count remains at 1,135, which may be met in a further seven trading days. The target for the bull wave count is at 1,227 mid term, which may be met in a further nine or thirty trading days....
by Lara | Jan 24, 2016 | US Oil, US Oil Historical |
Upwards movement has breached the cyan line which was providing resistance on the last updated US Oil daily chart. This indicates a trend change. Summary: A correction for minor 4 looks to have arrived and at this early stage it is most likely to be a quick sharp...
by Lara | Jan 21, 2016 | Silver |
Last week’s Silver analysis expected more sideways movement, which is exactly what has happened. Summary: It is just possible that the correction could be over this week, but this scenario has the lowest probability of all three daily charts. What is more likely...
