by Lara | Jan 18, 2016 | US Oil, US Oil Historical |
Downwards movement continues exactly as expected for US Oil. Summary: Oil is in a fifth wave to end a third wave impulse. Commodities often exhibit swift strong fifth waves, particularly fifth waves to end their third waves. The target remains the same at 29.21. At...
by Lara | Jan 14, 2016 | Silver |
Last week’s Silver analysis expected a sideways correction to continue. Sideways movement for the week fits the overall idea that price is in a correction. Summary: The correction is still not over. More sideways movement for a few more days is expected for...
by Lara | Jan 11, 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 | Jan 11, 2016 | US Oil, US Oil Historical |
Downwards movement continues exactly as expected for US Oil. Summary: Oil is in a fifth wave to end a third wave impulse. Commodities often exhibit swift strong fifth waves, particularly fifth waves to end their third waves. The target remains the same at 29.21. New...
by Lara | Jan 8, 2016 | EURUSD |
A brief Elliott wave count and technical analysis of the Euro. Summary: I am expecting the Euro is ready to begin a third wave down at primary degree. ELLIOTT WAVE COUNT Click chart to enlarge. Click chart to enlarge. I think that minor wave 5 may be extending only...
by Lara | Jan 8, 2016 | Silver, Silver Historical |
Last analysis expected a correction to complete with some upwards movement to a target at 14.695 – 14.855. Price has moved higher so far reaching up to 14.832. Summary: The correction is still incomplete and is taking its time. Short term more upwards movement...
by Lara | Jan 7, 2016 | Gold |
Price has broken out of a consolidation upwards. Summary: Short term a third wave may end about 1,113 (if this target is wrong, it may not be high enough). Thereafter, a fourth wave correction should move sideways for a few days and be followed by more upwards...
by Lara | Jan 6, 2016 | Gold |
The short term target for some more upwards movement at 1,091 was reached and passed so far by 3.9. Summary: The main Elliott wave count now expects downwards movement, but classic technical analysis remains bullish. It would be wise to wait for price to confirm a...
by Lara | Jan 5, 2016 | Gold |
A small inside day fits both hourly Elliott wave counts, which remain the same. Summary: The correction is still most likely to end sooner rather than later. It may end with a final push up to a short term target at 1,091. In the short term, a new high reasonably...
