Hoag

Hoag

Talking Points: Austrian Traded Index (ATX) Technical Strategy : Hold until Triangle breakout Elliottwave Count : Triangle Analysis ATX (Austrian Traded Index) is in wave (B) which is in triangle formation. We are in last phase of triangle (wave e). We possibly see last pull leg up or in alternate scenario, we possibly see downtrend from current level. We...

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Talking Point: Technical Strategy: Turning Bearish Elliottwave View: Progressing wave (C) of c. Analysis Silver was trading sideway and is on long term down trend. However, recover from 13.91 looks promising. We had impulse leg up and current move from 20.96 is correcting this move. We were expecting correction over 17.04. But current move on lower...

Hoag Updated 

Talking Point: Technical Strategy: Turning Bullish Elliottwave View: Possibly flat correction over. Analysis We were bullish on AUDNZD since Sept month and booked handsome profit on reversal 1.0340. We now looking to re-initiate long position on confirmation. Current pricing structure suggesting a flat correction near previous wave 4 region. This region...

Hoag Updated 

Talking Point: Technical Strategy: Bullish Elliottwave View: Nested bullish count still continue and looking for higher values. Analysis DXY (Dollar Index) is looking bullish on long term view and minor / Intraday count also suggesting more upside in coming days. We are counting nested bullish count for wave (3). We are expecting nearest resistance on...

Hoag

Talking Point: Technical Strategy : Turning Bearish Elliottwave View: Expecting completion of wave (C) of c. Analysis AUDCAD was trading sideway from Aug-2013. We were seen May-2015 a declined again but unable to takeout Aug-2013 low in impulse manner. We experienced a bounce from 9170 area in May-2015. However, upside was corrective and can be counted as...

Hoag

This is continue with our long term plan. However we are expecting consolidation in near term to correct this bull move. We are still targeting above 100 for dollar index.

Hoag

Trading Strategy: Shorter term, we are expecting one more upside and same time nearest resistance need to be break to confirm the trade. Action We are suggesting buy limit @ 1.3290 with 1.3190 stoploss and target should be 1.3540.

Hoag

Talking Points: NZDJPY Technical Strategy: Bearish Elliottwave Count: Down Trend resumption for wave3 Pair is having all bearish view in last day of month. As we are only 1 day left in month end and monthly candle is still below the bullish trendline which suggest us a bearish view and keeping bearish bet on trade signal. Here are few charts which are...

Hoag

Talking Points: DXY Technical Strategy : Bullish Elliottwave Count: We are confirming flat correction here, and looking for impulse count We keeping our primary analysis posted earlier month and considering correction over in dollar index. With that we are looking for gathering more evidence for bullish impulse count. First confirmation received after...

Hoag

Talking Points: GBPUSD Technical Strategy: Keeping Bearish view Elliottwave Count: ZigZag Correction will be our primary choice in count GBPUSD Start showing divergence on daily bearish trenline and 240min newly created bullish trendline. Current level 1.4650-1.4700 is 100% expansion of zigzag and also testing horizontal resistance. Long term trend...

Hoag

Talking Points: AUDUSD Technical Strategy: Temporary Bullish ] Elliottwave Count: We are expecting another leg up in coming week before downtrend resume. AUDUSD's price action looks corrective and expected to trade higher in coming week toward 7400 area, but on hourly chart, we are expecting correction and expected to drop to 7200 area before wave (b)...

Hoag

Talking Points: NZDUSD Technical Strategy: Temporary Bullish Elliottwave Count: Wave C is still due We were tracking to see correction complete on or above .7200 area before downtrend. But this might not be a straight line. This can be played with two scenario. Scenario 1: where we might see upside on wave (c) and can be target on area zone of 7060,...

Hoag

Talking Points: CADJPY Technical Strategy: Temporary Bearish Elliottwave Count: Flat Correction for wave Upcoming major events: JPY-Retail Sales (YoY) (Oct), CAD-GDP (MoM) (Sep) We are holding bullish long term count. We confirmed our last week pattern is not hold good and need to revisit whole counts. We now expecting another leg down towards 90 before...

Hoag

Talking Points: USDCAD Technical Strategy: Bullish Elliottwave Count: Wave 5 of Wave C is in process Upcoming major events: USD-Pending Home Sales (MoM) (Oct) on 31st of Nov, 2015, CAD-GDP on 1st of Dec, 2015 We are holding bullish count. We are expecting that this pair is in zig-zag correction in weekly time frame and targeting 1.36-1.37 region for...

Hoag

It's on decision point. Either break or make. It also having nice long opportunity present with today's low for targeting 1.35. We are still expecting another leg is due before having any reversal. More specific, we are expecting leg can be extended for 1.36. Daily close below trendline will give signal of reversal.

Hoag

We are tracking this pair for long time and still believe that correction is due to retrace previous down-trend. In small time frame, we are expecting current move is a flat correction while one more leg up required to mark correction complete. We are waiting for that to complete before imitating any new short positions. However, there are high portability...

Hoag

Pair was giving a trouble lot, we expected down trend after had channel breakout. But we were wrong and that breakout was just shallow wave B. However, same time this mess is clear now and we have more visibility of this pair move. We are expecting price to test 200 SMA on 240min chart and same time possibly we will re-test the bearish trend line.

Hoag

As per our initial analysis in last month, it's played well on our preferred second scenario; we were expected downtrend and want to see move below 1.09 to see pattern complete. And we seen that last week. We now looking for buying opportunity and expecting new high will be in place in coming weeks Read More