Elliott Wave Analysis

USDCNH Bearish Correction Could End At 6.319

Roman Onegin Dec 16, 2021 1,174 0

The current structure of the USDCNH currency pair suggests the development of a large intervening wave x of the cycle degree. It is a primary double zigzag Ⓦ-Ⓧ-Ⓨ. The final primary wave Ⓨ is currently under construction. Apparently,…
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XAGUSD Will the Price of XAGUSD Rise to 26.81?

Roman Onegin Nov 26, 2021 2,879 0

The formation of silver involves the development of a cycle triple zigzag w-x-y-x-z. In the current chart, we see the final part of the bearish wave y, followed by a price increase in the intervening wave x. The bullish intervening wave…
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Fundamental Analysis

AUDUSD Primary Wave Ⓧ Completion

Roman Onegin Oct 8, 2021 780 0

A few weeks ago we talked about the AUDUSD currency pair. It is assumed that a bearish intervening wave x of a cycle degree is formed. It looks like a triple zigzag Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. Perhaps at the level of 0.710 we saw the end of the primary…
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Technical Analysis

GBPUSD Bounce Ends Correction, One More Leg to Go?

Roman Onegin Jun 16, 2020 996 0

The GBPUSD structure shows a bullish zigzag consisting of primary sub-waves Ⓐ-Ⓑ-Ⓒ. The 3-wave pattern is the final part of a cycle-degree triangle a-b-c-d-e. Currently, prices are structuring an intermediate-degree impulse in wave Ⓒ.…
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