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The FANG Stock Investors Should Avoid

The FANG Stock Investors Should Avoid

Thanks to a private data…

One Commodity Set To Soar On Russian Sanctions

One Commodity Set To Soar On Russian Sanctions

The recent sanctions on Russia's…

Is This The Death Of The iPhone X?

Is This The Death Of The iPhone X?

Apple’s stock has slipped more…

Gregor Horvat

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…

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Elliott Wave Analysis For OIL and USDJPY

As expected, WTI crude oil is at the lows after a completed fourth wave triangle that we were tracking for the past few days. We see prices now in wave v) that can be targeting 49.50/50.00 area, a triangle measurement target, where market could be looking for a support. Keep in mind that market always turns, following the trust out of a triangle, as this leg is final in the sequence; in our case of wave (iii).

OIL 4h Elliott Wave Analysis

OIL 4h Elliott Wave Analysis

USDJPY seems to be headed back to the highs after recent retracement to 118.85 zone where we see a completed corrective fourth wave. As such, wave (v) is now in view for 122.00, possibly even for 123.

USDJPY 4h Elliott Wave Analysis

USDJPY 4h Elliott Wave Analysis

 


 

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