EURUSD Analysis 10-Jan-2020

CMP: 1.1101; Res: 1.1138/1.1171/1.1206
As long as the above resistances hold, we can see 1.1066-1.1041-1.0994...

Gold Long Term Analysis 10-Jan-2020

CMP: 1547; Res: 1557/1563; sup: 1540
Break of 1544/1540, we can see more fall towards 1528 before reversal.

Long Term Primary Scenario: Bull
Sup: 1446
As long as 1487/1446 holds support, we will see 1610 again and furhter 1632-54-90-1702...

Alternate Scenario: Bear
Long Term Support Zone: 1033-680
If this up move is corrective rally, we can see fall again to 1032 before big reversal above 1900.

Elliott Wave By Example - Part 1

There are just three straight forward rules that you need to remember. In a five-wave progressions,

·         Rule 1: Wave 2 can never retrace more than 100% of wave 1.

·         Rule 2: Wave 4 may never end in the price territory of wave 1.

·         Rule 3: Out of the three impulse waves -- 1, 3 and 5 -- wave 3 can never be the shortest.

Wave 2 can never retrace more than 100% of wave 1.

Wave 4 may never end in the price territory of wave 1.

Out of the three impulse waves -- 1, 3 and 5 -- wave 3 can never be the shortest.

Analysis 02-Jan-2020

For Detailed analysis, please click on the link.

GBPUSD: More fall expected?
As long as 1.3289/1.3515, resists, we can see 1.2903 again and further 1.2736-1.2672, 1.2552-1.2528, 1.2438-1.2413…

GBPJPY: Trading in a range
Trading in triangle. I expect it to trade in this range for more time.
As of now, as long as 148 resists, we will see more down side below 141…

GBPCHF: Long Term Analysis: Bull
As long as 1.2655 supports, we will see 1.2810-1.2827-1.2860 again and further 1.2905-1.2914, 1.2968-1.2982, 1.3047-1.3060…

GBPNZD: Long Term Analysis: Bull?
As long as 1.6569 holds support and a break of 2.0355-2.0555, we can see 2.1411, 2.4406, 2.6827, 2.9248…

USDCAD: Long Term Bear?
Now, as long as 1.3666 resists, we can see more fall twoards 1.2626-1.2539 first.
Downside targets: 1.2970 (done)-1.2830, 1.2626-1.2515, 1.2007-1.1875-1.1784, 1.1412-1.1210….

USDJPY: More fall before big rise?
As long as 114.55/112.4/109.72 resists, we can see 102.13 again and further 100.48, 99.1, 97.16, 94.76, 91.79…

USDCHF: Long Term Analysis : Bear?
As long as 1.0034, resists, we can see 0.9570-0.9524 first.
Further 0.9451, 0.9315, 0.9188-0.9083, 0.8812-0.8703, 0.8371-0.8319…

GOLD/XAUUSD (More upside left as long as 1445 holds)
As long as 1445 supports, we will see 1568-1585 first.
Further 1642-1664, 1702-1726, 1889-1941…

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Crude Analysis 21-Jan-2019

CMP: 54.9
Sup: 51.28/50.34

If supported by the above we can see, 55.56, 56.63, 57.57

52.57/54.38

Crude Analysis 16-Jan-2019

CMP: 51.91
Res: 52.28/53.28
Sup: 50.37
Base Support: 42.39

As long as the above resistances resists, we can see 50.37 again and further 49.55, 49.13, 47.83, 46.57.