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Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

Market Sentiment At Its Lowest In 10 Months

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

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Elliott Wave Analysis: USDCHF Looks Higher Ahead

On USDCHF we have seen a nice reaction to the upside in the last two weeks from around 0.8800 region where market might have completed an ending diagonal pattern that we were tracking it in wave C for a while. We can see current price above the upper trendline of the pattern which suggests higher USDCHF in days maybe even weeks ahead. Break of 0.9250 break would be a final confirmation for completed bear market on USDCHF.

USDCHF Daily Elliott Wave Analysis

USD/CHF Daily Chart

 


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