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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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Elliott Wave Analysis Service
  • USDCHF Elliott Wave Analysis: Correction Still In Progress  0 comments
    May 9, 2014 4:55 AM

    USDCHF surprised and turned impulsively to the upside yesterday from 0.8700 level. As such, we think that pair is still trapped in a corrective phase that can now be a flat if we consider a three wave decline from 0.8861. Ideally pair is now in wave (c) that may reach levels around wave (a) before we may turn bearish again.

    USDCHF 4h Elliott Wave Analysis

    Interested in our analysis? Get now 1 month of full service for just 1€. http://www.ew-forecast.com/service

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