by Ramki | May 8, 2011 | Euro
What is the most likely path the EUR/USD will take over the next few weeks? What does Elliott Wave analysis of Euro suggest at this time? I think we will find decent supports just above 1.4140 level and spend several days correcting the sell off. If indeed the moves...
by Ramki | Apr 26, 2011 | Euro
Elliott Wave analysis is always a work-in-progress. We could determine a possible target at one point in time, and once that is reached, a new higher target might become necessary depending on fresh information. It is important to understand that determining a target...
by Ramki | Apr 7, 2011 | Euro
In my March 6th update on the Euro ( at which time the EUR/USD was trading at 1.3982) I had suggested that we will likley see a test of 1.4374. The high so far has been 1.4350. We might still get a final push higher, but from now on I will not be so bullish on the...
by Ramki | Mar 6, 2011 | Euro
It is time to take a fresh look at the medium term outlook for the EUR/USD (Euro). My last update was exactly a month back (in February), but that gave a short-term outlook for the Euro (using the hourly chart) and the January update was looking at an even still...
by Ramki | Feb 6, 2011 | Euro
Trading the Forex markets (Foreign exchange or FX markets) requires a willingness and ability to take risks. It is a different skill to being able analyse the markets from the comfort of not risking money. Yet, blessed is the person who can combine his trading skills...
by Ramki | Jan 24, 2011 | Euro
After coming down twice to around 1.3400, the EURO recovered its poise and is looking strong again. So we discard our previous analysis ( that effort having served us well during the down move from 1.3538 to 1.3395) and go back to the charts again. Remember that...