by Lara | Jul 19, 2016 | US Oil |
Last week expected overall downwards movement. This is again exactly what has happened. Summary: Some more downwards movement is expected for the next week and an increase in downwards momentum may be seen. New updates to this analysis are in bold MONTHLY ELLIOTT WAVE...
by Lara | Jul 17, 2016 | USDJPY |
A one off Elliott wave and technical analysis of the USDJPY pair. There may be a good buying opportunity. Click chart to enlarge. Click chart to enlarge. Click chart to enlarge. Although intermediate (5) is labelled as a five wave structure, this looks very forced. It...
by Lara | Jul 14, 2016 | Gold |
Yesterday’s analysis expected downwards movement. Summary: The trend is still up. A multi day correction against the trend is unfolding and still looks incomplete. A target for it to end is either 1,291 or just below 1,249.94. Volume supports a short term...
by Lara | Jul 14, 2016 | Silver |
Last analysis expected upwards movement. Price has moved sideways. Summary: Upwards movement is expected to continue. A small pennant looks to be completing and the breakout should be upwards. In the short term, the target is at 21.255 – 21.44. Mid term the...
by Lara | Jul 13, 2016 | Gold |
Upwards movement confirmed the main Elliott wave count and invalidated the alternate. I have three daily and hourly Elliott wave counts today. Summary: The trend is still up. Corrections are still an opportunity to join the trend. The long term target remains the same...
by Lara | Jul 12, 2016 | US Oil |
Last week expected overall downwards movement, which was expected to be choppy and overlapping. This is exactly what has happened. Summary: More downwards movement is expected for the next week. New updates to this analysis are in bold MONTHLY ELLIOTT WAVE COUNT Click...
by Lara | Jul 11, 2016 | Gold |
A five up completed and is being followed by a three down. The daily Elliott wave count and targets remain the same. Summary: The trend is up. Corrections present an opportunity to join the trend. Expect upwards momentum to increase this week. The target for this...
by Lara | Jul 9, 2016 | Gold |
The main hourly Elliott wave count was invalidated and the alternate confirmed. Thereafter, price moved lower towards the target then turned upwards as expected for that wave count. Summary: The trend is up. Corrections present an opportunity to join the trend. Expect...
by Lara | Jul 7, 2016 | Silver
The target for a small correction to arrive was 19.384. Price moved 1.678 above the target before printing a red daily candlestick. Summary: A short term target at 21.255 – 21.244 may be met in a few days time. If price exhibits any divergence with RSI at the...