by Ramki | Aug 8, 2010 | GBP
Are we going to see a test of 1.6170 directly? and If we do get there, will we get a 10-big figure decline from there? These are some of the questions that the Wavetimes watcher must be having. Elliott Wave Analysis of GBP/USD suggests that so long we we stay above...
by Ramki | Mar 9, 2010 | GBP
Early this morning I suggested that the 5th wave will extend. Why? Typically, at least one impulse wave in a five-wave sequence will experience an extension. As the first and third waves were of normal proportions, we were on the lookout for the 5th wave to extend....
by Ramki | Oct 28, 2009 | AUD
Hello, I am going to be away for a month on holidays. So will catch up with you when I return. In the meantime, here are two quick updates that you might find interesting. One is on GBP/USD and the other on AUD/USD. As for India’s Sensex, I think we have seen a near...
by Ramki | Oct 18, 2009 | GBP
On 5th October 2009, I posted an early warning to traders of Sterling Pound (GBP/USD)that there is something fishy about the decline from 1.6742, and we are likely to see another rally in the Pound. Trouble is, it is so damn hard to believe such calls, and when the...
by Ramki | Oct 12, 2009 | GBP
This is going to be a quick update. The chart explains it all. If we come below 1.5775, we shoudl come off to 1.5685 initially and perhaps a lot lower. Here is an update on the charts above