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We are providing technical analyzes for the financial markets and how they behave based on the Elliott Wave Principle. The Elliott Wave Principle gives you a method for identifying at what points a market is most likely to turn. And that, in turn, gives you guidance as to where you might enter... More
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  • USD Index Breaks Below 81.70 Which Opens The Door For 81.00 0 comments
    May 1, 2013 4:36 AM

    USD-index extended its losses yesterday and fell through 81.70 swing low from mid-April which makes a corrective decline from 83.50 much more complex than firstly thought. We are tracking a new five wave decline now from 83.20 which represents wave (NYSE:C), final leg of a zig-zag in wave E that could look for a bottom around 80.80-81.20 area.

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