by Lara | Jul 28, 2016 | EURUSD |
EURUSD has a good trade set up today. Click chart to enlarge. Click chart to enlarge. Price has come up to find resistance at the short term lilac trend line. It looks fairly likely that this line will hold. If the Elliott wave count is correct, then EURUSD should...
by Lara | Jul 28, 2016 | Silver
Upwards movement was expected to continue for the week, which is what has happened. The target remains the same. Summary: Upwards movement is expected to continue. The target is at 24.219. This trend is now extreme, so stops must be used (as always). New updates to...
by Lara | Jul 28, 2016 | Gold |
A little upwards movement was followed by some downwards movement, exactly as expected. Summary: The trend is up. The target remains at 1,582. Corrections are an opportunity to join the trend. Invest no more than 3-5% of equity on any one trade and always use a stop...
by Lara | Jul 25, 2016 | US Oil |
Last week again expected overall downwards movement. This is again exactly what has happened. An increase in downwards momentum was also expected and has been seen by MACD. Summary: Some more downwards movement is expected for the next week and a further increase in...
by Lara | Jul 21, 2016 | Silver |
Upwards movement was expected for the last week, but this is not what happened. Price broke out of the small pennant pattern downwards. Summary: Upwards movement is expected to continue. The target is at 24.219. This trend is now extreme, so stops must be used (as...
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...
