Elliott Wave Analysis On EURGBP And 10 Year US Notes

By: Gregor Horvat | Fri, Jun 3, 2016
Print Email

EURGBP

EURGBP almost completed 5 waves up from the lows. We should start soon an ABC pullback to 0.7704 levels in blue wave 2. We expect to see a nice push into wave 3, after wave 2 low is formed.

EURGB, 4H

EUR/GBP 4-Hour Chart


10 Year US Notes

10 year US notes tured higher but only in the ABC corrective pullback. We expect stock market and the USDJPY to turn higher when we see potential highs for wave C around 132 levels since these are correlated. As long as price trades beneath the 133 level- we are looking to the downside.

10 Year US Notes, 4H

10-Year US Notes 4-Hour Chart

 


Interested in our services ? We have a Special Offer : Get First 2 Months For The Price Of 1!! Grab the opportunity now at www.ew-forecast.com

 


 

Gregor Horvat

Author: Gregor Horvat

Gregor Horvat
www.ew-forecast.com

Gregor Horvat

Gregor Horvat, based in Slovenia, has been in the forex markets since 2003. He is a technical analyst and individual trader who has worked for Capital Forex Group and TheLFB.com. He also is founder of forex services on www.ew-forecast.com. EW-Forecast.com provides technical analysis of the financial markets, highlighting behavioral patterns based on the Elliott Wave Principle (EWP). Website: http://www.ew-forecast.com/

Copyright © 2013-2017 Gregor Horvat

All Images, XHTML Renderings, and Source Code Copyright © Safehaven.com