Analyzing USD/CAD on the 30-minute chart using Elliott Wave Theory, I observed that wave (3) marked the end of the recent upward move. Following this, wave (4) is expected to initiate a downward correction. The potential targets for wave (5) are: - 1.37328, which corresponds to the 0.618 extension level of wave (3) - 1.37749, which corresponds to the 1 extension...
Analyzing AUD/USD on the 30-minute chart using Elliott Wave Theory, I observed that wave (3) marked the end of the recent upward move. Following this, wave (4) is expected to initiate a downward correction. The potential target for wave (4) is: - 0.66349, which corresponds to the 0.382 retracement level of wave (3) This setup suggests a short position on...
Analyzing USD/JPY on the 3-hour chart using Elliott Wave Theory, I observed that wave (4) marked the end of the recent downward correction. Following this, I am expecting wave (5) to initiate an upward move. The potential target for wave (5) is: - 160.496, corresponding to the 1.618 extension of wave (3) This setup suggests a long position on USD/JPY, targeting...
Analyzing USD/CHF on the 2-hour chart using Elliott Wave Theory, I observed that wave (2) marked the end of the recent downward correction. Following this, I am expecting wave (3) to initiate an upward move. The potential targets for wave (3) are: - 0.91639, which aligns with the length of wave (1) - 0.91871, corresponding to the 1.618 extension of wave...
Analyzing EUR/USD on the 30-minute chart using Elliott Wave Theory, I observed that wave (4) marked the end of the recent downward correction. Following this, I am expecting wave (5) to initiate an upward move. The potential targets for wave (5) are: - 1.08952, which aligns with the length of wave (1) - 1.09464, corresponding to the 1.618 extension of wave...
Analyzing GBP/USD on the 45-minute chart using Elliott Wave Theory, I observed that wave (5) marked the end of the recent upward move. Following this, wave (a) initiated a downward correction, and the recent upward correction formed wave (b). Now, I am expecting wave (c) to continue the downtrend. The potential target for wave (c) is 1.26513, which corresponds to...
Analyzing BTC/USD on the 1-hour chart using Elliott Wave Theory, I observed that wave (5) marked the end of the recent upward move. Following this, wave (a) initiated a downward correction, and the recent upward correction formed wave (b). Now, I am expecting wave (c) to continue the downtrend. The potential targets for wave (c) are: - 67847, which aligns with...
Analyzing NASDAQ (US100) on the 30-minute chart using Elliott Wave Theory, I observed that wave (5) marked the end of the recent upward move, reaching the 1.708 extension at 18934.7. Following this, I am expecting wave (a) to initiate a downward correction. The potential retracement levels for wave (a) are: - 0.382 retracement level at 18754.8 - 0.5 retracement...
Analyzing US30 on the 45-minute chart using Elliott Wave Theory, I observed that wave (5) marked the end of the recent upward move. Following this, wave (a) initiated a downward correction, and the recent upward correction formed wave (b). Now, I am expecting wave (c) to continue the downtrend. The potential targets for wave (c) are: - 0.618 retracement level of...
Analyzing XAU/USD on the 3-hour chart using Elliott Wave Theory, I observed that wave (5) marked the end of the recent upward move. Following this, wave (a) initiated a downward correction. I am now expecting wave (b) to start an upward correction. The potential retracement levels for wave (b) are: - 0.382 retracement level at 2391.328 - 0.5 retracement level at...
Analyzing XAU/USD using Elliott Wave Theory, I noticed that the initial wave (1) started a significant downtrend after a strong upward move. This was followed by wave (2), an upward correction that didn't surpass the previous high. Wave (3) continued the downtrend with a sharper decline, indicating strong bearish sentiment. Recently, wave (4) formed as a short...
Analyzing XAU/USD on the 30-minute chart, I observed that the price is currently within an ascending channel. The price has recently touched the lower boundary of the channel, which often acts as a support level. Based on this pattern, I am expecting a potential upward move. The target for this long position would be near the upper boundary of the channel, around...
Analyzing US30 on the 30-minute chart using Elliott Wave Theory, I observed that wave (5) marked the end of the recent upward move. Following this, wave (a) initiated a significant downtrend, and the recent upward correction formed wave (b). Now, I am expecting wave (c) to continue the downtrend. The first potential target for wave (c) is around 39741.44, which...
Analyzing NASDAQ (US100) on the 30-minute chart using Elliott Wave Theory, I observed that wave (5) marked the end of the recent upward move. Following this, I am expecting wave (a) to initiate a downward correction. The first potential target for wave (a) is around 18685.7, corresponding to the 0.235 retracement level. If the downward momentum continues, wave (a)...
Analyzing EUR/USD on the 30-minute chart using Elliott Wave Theory, I observed that wave (4) marked the end of the recent downward correction. Following this, I am expecting wave (5) to initiate an upward move. The first potential target for wave (5) is around 1.09185, which aligns with the length of wave (1). If the upward momentum continues, wave (5) could...
Analyzing USD/CHF on the 15-minute chart using Elliott Wave Theory, I observed that wave (5) marked the end of the recent upward move. Following this, wave (a) initiated a significant downtrend, and the recent upward correction formed wave (b). Now, I am expecting wave (c) to continue the downtrend. The first potential target for wave (c) is around 0.90853, which...
Analyzing USD/JPY on the 15-minute chart using Elliott Wave Theory, I observed that wave (5) marked the end of the recent upward move. Following this, wave (a) initiated a significant downtrend, and the recent upward correction formed wave (b). Now, I am expecting wave (c) to continue the downtrend. The first potential target for wave (c) is around 155.778, which...
Analyzing AUD/USD on the 30-minute chart using Elliott Wave Theory, I observed that wave (4) marked the end of the recent downward correction. Following this, I am expecting wave (5) to initiate an upward move. The first potential target for wave (5) is around 0.67173, which aligns with the length of wave (1). If the upward momentum continues, wave (5) could...