Hoag

Hoag

Talking Points: EURGBP Technical Strategy: On break of trending line, it will be bullish else temporary bearish Elliottwave Count: Correction is too short to mark complete, however price will take decision on trending line. Analysis EURGBP is trading in sideway and on weekly chart, it need to complete it's wave C (last leg of correction), however, same...

Hoag

We are looking for more upside towards 78 zone.

Hoag

CANBK Update CANBK is on uptrend and correcting after breaking it's trend line on weekly and daily chart. Breakout was considered as trend reversal Currently we are expecting this is long term correction and can expect 400+ target. We are tracking as nested impulse count and breakout of 300 is also confirm completion of shorter correction. Lower time frame...

Hoag Updated 

Strategy: Buy @ 2407 ------------------------------ TCS was on uptrend and correcting it's uptrend after hitting 2700 resistance zone. Correction was on running flat correction which was supposed to be completed below 2100 levels. Post 2100 support reach, script was able to jump and tested 2550, We are calling it's five wave impulse move in nested manner. 2407 can...

Hoag

Strategy: Buy the dip ------------------------------ CrudeOil is in correction phase and looking for W-X-Y correction on weekly chart where target for Y is above 55. On Short term, we are waiting for good opportunity to go long. After breakout of bullish inner channel, we are on sideline and looking to see support on outer bullish channel.

Hoag

Strategy: Buy the dip of 355 --------------------------------------- GAIL is trading in consolidation mode after hitting it's target of 400+. We were long from 325 and book profit at 390. We are calling consolidation from 374.90 price and expecting this consolidation will be zigzag correction and can extend to 355.

Hoag

Strategy: Buy the dip of 355 --------------------------------------- GAIL is trading in consolidation mode after hitting it's target of 400+. We were long from 325 and book profit at 390. We are expecting this consolidation will be zigzag correction and can extend to 355. Break of current price 375 will expose to 364 and post that 355.

Hoag

Talking Points: Technical Strategy: Turning Bearish Elliottwave Count : We are in process of completing wave B. HTG Note: Near term outlook suggesting to have one more leg up towards 0.89523 where wave (B) can be completed, post that, we can expect temporary bearish correction kick off which can be targeted well below 0.8010. Action Wait and see...

Hoag

Talking Points: Technical Strategy: Bearish Elliottwave Count: Either wave (C) continuation or B wave of (B). HTG Note: Larger outlook on weekly chart is showing weakness on long and short term. EURO vs Indian Rupee price is testing weekly trend line. Last time this line was tested on September, 2015 and post that we seen nice pullback towards 77.80...

Hoag

Talking Points: Technical Strategy: Hold and Buy lower Elliottwave Count: Correction HTG Note: Current price action on Canara Bank (BSE: CANBK) is trading bullish move. However, script was in correction after break on monthly trend line. All PSU bank showing correction in bullish move. We are expecting correction will be on flat correction and should...

Hoag

Talking Points: Technical Strategy: Bullish Bias Elliottwave Count: Impulsive nested count . HTG Note: Current price action on GAIL (BSE) is trading on impulsive nested bullish move. Script was able to break and testing it's monthly horizontal resistance. In larger monthly timeframe, it's trading on nested impulsive structure and require to have...

Hoag Updated 

Talking Points: Technical Strategy: Temporary Bearish Elliottwave Count: Correction still in process. Expecting one more leg down. HTG Note: Current wave structure on GBP/SGD is looking bullish on daily timeframe. However, while decomposing lower time frame count, we are expecting correction should still due and should be completing in near future. Our...

Hoag

Talking Points: CrudeOil Technical Strategy: Buy on dip Elliottwave Count: Breakout confirmed. W-X-Y or sequence of impulse wave on reversal Analysis CrudeOil (CL) is able to break corrective cycle yesterday at 52.64. After breakout, it showed a five wave move towards 53.45 where it met monthly pivot resistance. We were expecting short term set back from...

Hoag

Talking Points: DXY Technical Strategy: Keeping bullish outlook but temporary correction due Elliottwave Count: Nested impulsive count, wave 4 correction is due Analysis DXY (Dollar Index) is trading impulsive in post election session and able to break channel resistance. As per our last analysis, we were suspecting corrective count towards 100 level as...

Hoag

Talking Point: Technical Strategy : Bearish Elliottwave View : Bear count confirmed Analysis From our last December's analysis on NZDUSD (New Zealand dollar vs US dollar), nothing much changed. We are on bear trend count and able to break and trade outside corrective channel. From last analysis and trade signal on which we earned +138 pips from shorting this...

Hoag

Talking Point: Technical Strategy: Bearish Elliottwave View: Bear count confirmed Analysis From our last December's analysis on NZDUSD (New Zealand dollar vs US dollar), nothing much changed. We are on bear trend count and able to break and trade outside corrective channel. From last analysis and trade signal on which we earned +138 pips from shorting...

Hoag

Talking Points: Technical Strategy: Bullish can be confirmed soon Elliottwave Count: Wave 2 can mark completed Analysis As per previous analysis, AUDNZD (Australian dollar / NewZealand dollar) was expecting to complete it's wave 2 correction @ 1.0350 after having an high over 1.0726. We were seen corrective move towards 1.0350 in expanded flat...

Hoag

Talking Points: CrudeOil Technical Strategy: Sell for correction Elliottwave Count: After had a breakout of 53.50, we are looking for bullish count, consolidation remain due Analysis Based on our previous analysis on CrudeOil (CL), we were stuck on complex correction cycle after reversed from 26.17 level to 51.65. However current market is much clear than...