Tag: fibonacci

April was not the best of months for the bulls on USDCAD. Not only the March top of 1.2835 remained untouched, but the pair fell...

Almost two months ago, on February 21st, we said that brent oil is likely to get more expensive, but needs a downside correction first....

Boeing Co. is another wonder-stock of the post-crisis years. It climbed up from $29 in 2009 to above $158 in February 2015. If you...

Deutsche Lufthansa AG stock lost almost three euro per share since the 15.50 top it reached in the end of January 2015. We will...

In the beginning of February, we posted a forecast of EURAUD, called “EURAUD Ready For Another Sell-Off”. In that material we applied the Elliott...

Palladium had some very successful weeks recently, climbing up to above $830. Last week the precious metal fell by 20$, but it seems this...

Some say the Elliott Wave Principle can predict only minor short-term price movements, because the long-term outlook depends on fundamental factors. But during the last...

The stock market crash of 2007-2009 did not spare Adobe Systems Inc. In September 2007 the stock was trading close to $50 a share....

The USDCAD exchange rate touched 1.28 last week, but the bulls could not resist, which led to a decline of roughly 450 pips to...

“Wave (B) could take the form of a triangle or an expanding flat. It is too early to say what it will be right...

In August, 2014, we used the weekly chart of the India Index ETF to demonstrate how accurate Fibonacci levels could be, even on the...

Both the euro and the Australian dollar fell victims to the US dollar, but it is interesting to see the perspective, when they face...

If you are a technical analyst you have probably heard that we, chartists, cannot predict long term movements in the market, because the big...

The EUR GBP exchange rate went below 0.77 today, which is its lowest level since March 2008. To many this may be a reason to get...

“The support level is an area below the current price, which has prevented it from falling further in the past. That is why we...

The NZDJPY exchange rate took a hard hit during the crash of 2007-2009, falling down from the heights of 97.70 to as low as...

During the last several months the ASX 200 was going sharply up and down by 200-400 figures in each direction. Unless you have an...

On the 15-min chart of EUR USD we see something, which could easily be taken for a five-wave impulse to the downside, followed by...

The first of December was an interesting day for silver. At first, prices fell to as low as 14.33, but this weakness turned out...

“If this is the correct count, USD CAD should exceed the top of 1.1316.” Do you remember, when you read this in “USDCAD: A Bullish Elliott...

USD CAD managed to climb above 1.13 in the beginning of the week, but the bulls quickly ran out of power, which brought the...

Brent Oil has been declining sharply during the last five months, falling down from above $115 per barrel in June to under $77 in...

More than two weeks ago, on November 6th, we published an article, called “Gold With More Than One Option”. In this material we gave...

The bulls took control of GBP JPY in the middle of October. The recent rally began from 168 and now, less than a month...

LinkedIn showed some impressive performance until September 2013, when it managed to climb close to the $260 mark. To be more precise, the social...

Twitter failed its investors by not achieving success in its IPO  in contrast to its brothers Facebook and LinkedIn. Shares quickly jumped to a...

Facebook held its IPO on Friday, May 18, 2012 and for quite a while had serious issues. The internet company had lost more than...

Four days ago, on 19th October, we showed you a 4-hour chart of GBPUSD in an article called “Decreasing Selling Pressure on GBP USD”. The corrective...

A five-wave impulse followed by a correction is what every Elliott Wave analyst is looking for. It seems that we have found one such...

Gold prices managed to recover by almost $60 from the bottom of 1183 to 1238 so far. Are the bears surrendering or just regrouping?...