• 3 hours Bejing's Sway In South China Sea Is Fading
  • 19 hours Saudis Eye Billions As Stocks Get Emerging Market Boost
  • 22 hours Airbnb In Acquisition Mode Ahead Of IPO
  • 1 day Gold Hangs At $1,300 Ahead Of Fed Meeting
  • 1 day Champagne Sales Slow As European Economic Worries Grow Louder
  • 2 days Putin Signs “Digital Iron Curtain” Into Law
  • 2 days Russian Metals Magnate Sues U.S. Over Sanctions
  • 2 days Tesla Looks To Jump Into Indian Market
  • 2 days Global Banks Lay Groundwork To Re-Inflate Asset Prices
  • 3 days Homeowners Experiment With Risky New Investment Trend
  • 3 days U.S. Tech Stocks Look Increasingly Vulnerable
  • 3 days De Beers To Expand World’s Most Profitable Diamond Mine
  • 3 days Ford CEO Gets Raise After Massive Layoff Round
  • 4 days Germany’s Flirtation With Recession Could Cripple The Global Economy
  • 4 days Where To Look As Gold Miners Inch Higher
  • 5 days Google Faces Billions In Fines From European Regulators
  • 5 days The Energy Industry Has A Millennial Problem
  • 6 days Russian Banks Scramble For Sanction Loopholes
  • 6 days Gold ETFs Take A Hit After Four-Month Run
  • 7 days European Union Takes Aim At Ten New Tax Havens
Lending: The Good, Bad, And Ugly

Lending: The Good, Bad, And Ugly

Aristotle said, “The most hated…

The Chatroom Cartel Running Global Bond Markets

The Chatroom Cartel Running Global Bond Markets

Eight major banks have been…

  1. Home
  2. Markets
  3. Other

Elliott Wave Analysis On German DAX And NZDUSD

German DAX

DAX is advancing to lower lows after completing wave C of B) at 10375. We might see a bit more upside around current levels, but only to trace out minor wave 2 after which we should then advance lower to form a completed impulse from recent highs.

German DAX, 1H

DAX 1-Hour Chart


NZDUSD

On the NZDUSD pair we are observing an idea of a flat correction, that may unfold in the wave 2 pullback, with waves A) and B) already visible, while wave C) is midway through its completion. We think that last leg C) may reach levels around 0.685-0.692, before turning again to the dowsnide. Some Fibonacci ratios like 38.2, 50.0 or 61.2 could react as a resistance and a turng point lower.

NZDUSD, 4H

NZD/USD 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

 

Back to homepage

Leave a comment

Leave a comment