Elliot Wave Market Analysis

[Solid ECN]

On the daily chart, the first wave of the higher level (1) of C developed, and a downward correction forms as the wave (2) of C, within which the wave C of (2) forms. Now, the wave of the lower level i of C has formed, and a local correction is ending to develop as the wave ii of C.

If the assumption is correct, after the end of the correction, the asset will fall to the levels of 0.6742–0.6446. In this scenario, critical stop loss level is 0.7342.

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[Solid ECN]

On the daily chart, the third wave of the higher level 3 of (3) forms, within which the wave iii of 3 develops. Now, the third wave of the lower level (iii) of iii has formed, and a local correction has ended as the fourth wave (iv) of iii.

If the assumption is correct, the price will grow to the levels of 1.0072–1.02. In this scenario, critical stop loss level is 0.9536.

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[Solid ECN]

On the daily chart, a downward correction of the higher level develops as the second wave (2), within which the wave C of (2) forms. Now, the third wave of the lower level iii of C is developing, within which the wave (iii) of iii is forming.

If the assumption is correct, the price will fall to the levels of 38 – 31.5. In this scenario, critical stop loss level is 48.95.

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[Solid ECN]

On the daily chart, the wave A of the higher level formed, and a downward correction developed as the wave B. Now, the wave (C) of B has formed, within which the fifth wave of the lower level 5 of (C) has developed, and the formation of the wave C has started.

If the assumption is correct, the price will grow to the levels of 326.97 – 397. In this scenario, critical stop loss level is 161.84.

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[Solid ECN]

On the daily chart, the downward wave of the higher level C of (B) develops, within which the fifth wave v of (C) develops. Now, the third wave of the lower level (iii) of v of (C) has formed, a local correction has developed as the fourth wave (iv) of v, and the formation of the fifth wave (v) of v is starting.

If the assumption is correct, the EURUSD pair will fall to the levels of 1.03 – 1.02. In this scenario, critical stop loss level is 1.0868.

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[Solid ECN]

On the daily chart, the first wave of the higher level (1) of 5 forms, within which the wave 3 of (1) develops. Now, the third wave of the lower level iii of 3 is forming, within which the wave (i) of iii has formed, and a local correction is ending to develop as the wave (ii) of iii.

If the assumption is correct, the USDCAD pair will grow to the levels of 1.3200–1.3410. In this scenario, critical stop loss level is 1.2417.

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[Solid ECN]

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The pair may fall.​

On the daily chart, the first wave of the higher level (1) of C developed, and a downward correction forms as the wave (2) of C, within which the wave C of (2) forms. Now, the wave of the lower level i of C has formed, and a local correction has developed as the wave ii of C.

If the assumption is correct, the AUD/USD pair will fall to the levels of 0.6742 – 0.6446. In this scenario, critical stop loss level is 0.7283.

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[Solid ECN]

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The pair may grow.​

On the daily chart, the first wave of the higher level (1) develops, within which the wave 3 of (1) forms. Now, the development of the third wave of the lower level iii of 3 is ending, within which the wave (v) of iii is ending.

If the assumption is correct, after the end of the local correction as the fourth wave iv of 3, the USDJPY pair will grow to the levels of 138.5 – 142. In this scenario, critical stop loss level is 126.45.

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[Solid ECN]

On the daily chart, the first wave of the higher level (1) develops, within which the wave 3 of (1) forms. Now, the third wave of the lower level iii of 3 has developed, within which the wave (v) of iii has formed, and a downward correction has started to develop as the fourth wave iv of 3.

If the assumption is correct, the USD JPY pair will fall to the levels of 128.52 – 124.48. In this scenario, critical stop loss level is 135.22.

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[Solid ECN]

AUDUSD, the pair may fall.​

On the daily chart, the first wave of the higher level (1) of C developed, and a downward correction forms as the wave (2) of C, within which the wave C of (2) forms. Now, the wave of the lower level i of C has formed, a local correction has developed as the wave ii of C, and the wave iii of C is forming.

If the assumption is correct, the AUD USD pair will fall to the levels of 0.6742 – 0.6446. In this scenario, critical stop loss level is 0.7235.

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[Solid ECN]

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USD CAD, the pair may grow.​

On the daily chart, the first wave of the higher level (1) of 5 forms, within which the wave 3 of (1) develops. Now, the third wave of the lower level iii of 3 is forming, within which the wave (i) of iii has formed, a local correction has developed as the wave (ii) of iii, and the wave (iii) of iii is forming.

If the assumption is correct, the USD CAD pair will grow to the levels of 1.341 – 1.37. In this scenario, critical stop loss level is 1.2507.

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[Solid ECN]

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USD CAD - The pair may grow​

If the assumption is correct, the USD CAD pair will grow to the levels of 1.3410–1.3700. In this scenario, critical stop loss level is 1.2507.

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