Elliot Wave Analysis by Solid ECN

EURUSD, the pair may fall.

On the daily chart, the first wave of the higher level 1 of (3) formed, and a downward correction develops as the second wave 2 of (3), within which the wave c of 2 forms. Now, a local correction has ended as the fourth wave of the lower level (iv) of c, and the fifth wave (v) of c is developing.

If the assumption is correct, the pair will fall to the levels of 1.076 - 1.064. In this scenario, critical stop loss level is 1.1138.

eurusd.png
 

GBPUSD, the pair is in a correction a fall is possible.

On the daily chart, the first wave of the higher level (1) formed, and a downward correction develops as the wave (2), within which the wave A of (2) has formed, and a local correction has developed as the wave B of (2). Now, the wave C of (2) is developing, within which the wave iii of C has formed, a local correction has ended as the wave iv of C, and the wave v of C is developing.

If the assumption is correct, the pair will fall to the levels of 1.2833 - 1.2500. In this scenario, critical stop loss level is 1.3301.

gbpusd.png


Solid ECN Securities
1:1000 Leverage | Spread from Zero | %40 Deposit Bonus | Negative Balance Protection
 

USDCHF, the pair may grow.​

On the daily chart, the first downward wave of the higher level (1) of 3 formed, and an upward correction develops as the second wave (2) of 3, within which the wave C of (2) forms. Now, the third wave of the lower level iii of C is developing, within which the wave (iii) of iii is forming.

If the assumption is correct, the pair will grow to the levels of 0.949 - 0.9667. In this scenario, critical stop loss level is 0.9256.

usdchf.png
 
USDCAD, the pair may grow.

On the daily chart, the first wave of the higher level (1) of 5 forms, within which the wave 3 of (1) develops. Now, the first wave of the lower level i of 3 has formed, and a local correction is ending as the second wave ii of 3.

If the assumption is correct, the pair will grow to the levels of 1.32 - 1.341. In this scenario, critical stop loss level is 1.2269.

usdcad.png
 

AUDUSD, the pair is in a correction, a fall is possible.

On the daily chart, the first wave of the higher level (1) of C developed, and a downward correction develops as the wave (2) of C. Now, the wave of the lower level A of (2) has formed, and the development of the wave B of (2) is ending, within which the development of the wave c of B is ending.

If the assumption is correct, after the end of the correction, AUDUSD will fall to the levels of 0.6742 - 0.6446. In this scenario, critical stop loss level is 0.8.

audusd.png


Solid ECN Securities
1:1000 Leverage | Spread from Zero | %40 Deposit Bonus | Negative Balance Protection
 
NZDUSD, the pair is in a correction, a fall is possible.

On the daily chart, the upward wave of the higher level (А) of B formed, and a downward correction develops as the wave (B) of B, within which the wave C of (B) forms. Now, a local correction is ending to develop as the second wave of the lower level ii of C, within which the formation of the wave (c) of ii is ending.

If the assumption is correct, after the end of the wave ii of C NZDUSD will fall to the levels of 0.6466 - 0.6224. In this scenario, critical stop loss level is 0.7227.

nzdusd.png
 

USDJPY, the pair is in a correction and may grow.​

On the daily chart, the third wave of the higher level 3 of (1) develops, and the fifth wave of the lower level v of 3 develops. Now, the third wave of the lower level (iii) of v is forming, within which a local correction is ending as the wave iv of (iii).

If the assumption is correct, after the end of the correction, USDJPY will grow to the levels of 126.6 - 130. In this scenario, critical stop loss level is 119.8.

usdjpy.png
 

McDonald’s Corp, the price may grow.​

On the daily chart, the fifth wave of the higher level (5) develops, within which the wave 3 of (5) formed. Now, a local correction developed as the fourth wave 4 of (5), and the formation of the fifth wave 5 of (5) has started, within which the first wave of the lower level i of 5 is developing.

If the assumption is correct, the price will grow to the levels of 280 - 295. In this scenario, critical stop loss level is 216.5.

mcd.png
 
EURUSD, the pair may grow.

On the daily chart, the first wave of the higher level 1 of (3) formed, and a downward correction developed as the second wave 2 of (3), within which the wave c of 2 formed. Now, the development of the third wave 3 of (3) has started, within which the first entry wave of the lower level (i) of i of 3 has formed.

If the assumption is correct, the pair will grow to the levels of 1.1483–1.1690. In this scenario, critical stop loss level is 1.0798.

eurusd.png
 

GBPUSD, the pair is in a correction, a fall is possible.​

On the daily chart, the first wave of the higher level (1) formed, and a downward correction develops as the wave (2), within which the wave and of (2) formed, and a local correction developed as the wave B of (2). Now, the wave C of (2) is developing, within which the wave iii of C has formed, a local correction has ended as the wave iv of C, and the wave v of C is developing.

If the assumption is correct, the pair will fall to the levels of 1.2833–1.2500. In this scenario, critical stop loss level is 1.3301.

gbpusd.png
 

USDJPY, the price may grow.​

On the daily chart, the third wave of the higher level 3 of (1) develops, within which the fifth wave v of 3 develops. Now, the third wave of the lower level (iii) of v is forming, within which a local correction has ended as the wave iv of (iii).

If the assumption is correct, the pair will grow to the levels of 126.6 - 130. In this scenario, critical stop loss level is 121.2.

usdjpy.png
 

Bank of America, the price may fall.​

On the daily chart, the first wave of the higher level 1 formed, and a downward correction develops as the second wave 2. Now, the wave (А) of 2 is forming, within which the third wave of the lower level 3 of (А) has formed, a local correction has ended as the fourth wave 4 of (А), and the fifth wave 5 of (А) is developing.

If the assumption is correct, the price will fall to the levels of 35 - 31.9. In this scenario, critical stop loss level is 44.6.

bac.png
 
AUDUSD, the pair may fall.
On the daily chart, the first wave of the higher level (1) of C developed, and a downward correction develops as the wave (2) of C. Now, the wave of the lower level A of (2) has formed, and the development of the wave B of (2) is ending, within which the wave c of B has formed.

If the assumption is correct, the pair will fall to the levels of 0.6742 - 0.6446. In this scenario, critical stop loss level is 0.8.

audusd.png


NZDUSD, the pair is in a correction, a fall is possible.
On the daily chart, the upward wave of the higher level (А) of B formed, and a downward correction develops as the wave (B) of B, within which the wave C of (B) forms. Now, a local correction is ending to develop as the second wave of the lower level ii of C, within which the wave (c) of ii has formed.

If the assumption is correct, the pair will fall to the levels of 0.6466 - 0.6224. In this scenario, critical stop loss level is 0.7227.

nzdusd.png


IBM Corp, the price may grow.
On the daily chart, a downward correction developed as the fourth wave of the higher level 4, and the fifth wave 5 develops, within which the wave (1) of 5 forms. Now, the fifth wave 5 of (1) is developing, within which the wave i of 5 has formed, a local correction has ended as the wave ii of 5, and the wave iii of 5 is developing.

If the assumption is correct, the price will grow to the levels of 153.45–158. In this scenario, critical stop loss level is 118.7.

ibm.png


JPMorgan, the price is in a correction, a fall is possible.
On the daily chart, the third wave of the higher level 3 developed, within which the wave (5) of 3 formed, and a downward correction develops as the wave 4. Now, the wave (А) of 4 has formed, and a local correction is developing as the wave (B) of 4.

If the assumption is correct, after the end of the correction, the price will fall within the wave (C) of 4 to the levels of 118 - 101. In this scenario, critical stop loss level is 155.9.

jpm.png
 
elliot wave-forum.jpg

USDCAD, the pair may grow.​

On the daily chart, the first wave of the higher level (1) of 5 forms, within which the wave 3 of (1) develops. Now, the first wave of the lower level i of 3 has formed, and a local correction has ended as the second wave ii of 3.

usdcad.png


If the assumption is correct, the pair will grow within the wave iii of 3 to the levels of 1.32 - 1.341. In this scenario, critical stop loss level is 1.2269.
 

American Express, the price is in a correction, a fall is possible.​

On the daily chart, the fifth wave of the higher level (5) develops, within which the wave 3 of (5) formed. Now, the fourth wave of the lower level 4 of (5) is developing, within which the wave a of 4 has formed, the wave b of 4 has ended, and the development of the wave c of 4 has started.

If the assumption is correct, the price will fall to the levels of 144.62 - 131.35. In this scenario, critical stop loss level is 194.7.

axp.png
 
intel-forum.jpg


On the daily chart, a downward correction of the higher level develops as the second wave (2), within which the wave C of (2) forms. Now, the third wave of the lower level iii of C is developing, within which the wave (i) of iii has formed, a local correction has ended as the wave (ii) of iii, and the wave (iii) of iii is developing.

If the assumption is correct, the price will fall to the levels of 38 - 31.5. In this scenario, critical stop loss level is 52.6.

intel.png
 

The Walt Disney price may fall.

On the daily chart, the wave A of the higher level developed, and a downward correction forms as the wave B, within which the wave (А) of B develops. Now, the fifth wave of the lower level 5 of (А) is forming, within which a local correction has ended as the wave ii of 5, and the third wave iii of 5 is developing.

If the assumption is correct, the price will fall to the levels of $102.55 - $80. In this scenario, critical stop loss level is $144.4

walt disney.png
 
netflix-forum-2.jpg

On the daily chart, the wave A of the higher level formed, and a downward correction started to form as the wave B. Now, the wave of the lower level (А) of B has formed, and the development of the upward correction (B) of B has started, within which the wave A of (B) is forming.

If the assumption is correct, the price will grow to the levels of 469.77 - 514.17. In this scenario, critical stop loss level is 326.65.

netflix.png
 

eurusd-forum.jpg

On the daily chart, the first wave of the higher level 1 of (3) formed, and a downward correction developed as the second wave 2 of (3), within which the wave c of 2 formed. Now, the development of the third wave 3 of (3) has started, within which the first entry wave of the lower level (i) of i of 3 has formed, and the local correction (ii) of i of 3 has ended.

If the assumption is correct, the pair will grow to the levels of 1.1483 - 1.169. In this scenario, critical stop loss level is 1.0798.

eurusd.png
 
gbpusd-forum.png

On the daily chart, a downward correction develops as the wave (2), within which the wave and of (2) formed, a local correction developed as the wave B of (2), and the wave C of (2) develops. Now, the fifth wave of the lower level v of C is forming.

If the assumption is correct, the pair will fall to the levels of 1.2833 - 1.25. In this scenario, critical stop loss level is 1.3301.

gbpusd.png
 
Top