Elliott Wave analysis of Euro

Let me state upfront that my recent wave count on the Euro was incorrect. Elliott himself was acutely aware that such errors can and will happen, which is why he repeatedly stressed the rules governing the behavior of different waves. We ourselves pointed out in the...

Elliott Wave Analysis of Euro EUR/USD

“Morning folks. Just back in the office after a five-day holiday and see that already my post on the Euro from home has gone for a toss. However, a careful reading of the elliott wave analysis posted on 12 Spetember would have alerted traders that something was going...

Elliott Wave update on Eur/Usd or Euro 12 Sep 2010

Our medium term outook for the Euro , ie EUR/USD, has been that after reaching around 1.3265/85, the currency should come off yet again, and perhaps test the 1.15 levels.(Refer to the updates on 18th July,  and also 12th Aug,  We got the rally to 1.3333, and a 5-wave...