EWForecast
Short

Weekly Elliottwave $EUR/CAD 5/10/2015: Multi-Year Decline

FX_IDC:EURCAD   EURO / CANADIAN DOLLAR
37 0 1
Decline from 2.0096 is taking the form of a double corrective structure wxy, where wave w ended at 1.2609, wave x ended at 1.7511 and wave y is in progress towards 0.7646 - 0.9385. Wave y is also unfolding in double corrective structure, i.e. ((W))-((X))-((Y)). Wave ((W)) ended at 1.2453, wave ((X)) took the form of a FLAT ABC             and ended at 1.5586, and wave ((Y)) of y is currently in progress towards 0.9385. We don't like buying the pair and the view remains valid as far as wave ((X)) pivot at 1.5586 holds.

---------------------------------
Twitter: cmellon1976
Website: http://elliottwave-forecast.com/amember/go.php?r=2670&i=l1
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out