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 11, 2011 | Inr
The CFO of a large corporation based in India asked me whether it is possible to analyze the USD/INR using Elliott Wave Analysis. His company has significant exposures to the foreign exchange market, and even a small move in the exchange rate of the Rupee will have a...
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...
by Ramki | Jan 19, 2011 | Euro
The EUR/USD is approaching the target mentioned a few days back. Take a look at the attached chart. Wave C of the irregular correction is in the final extended 5th wave, and the 100% level comes bang on at the 1.3535 area. Failure there will see a very fast paced sell...