General Comments Please watch the accompanying video analysis by Juan Maldonado, our Chief Elliott Wave Strategist where he analyzes in detail the EUR/USD, DOW, OIL and APPLE. In the Elliott Wave Desk, we review 13 markets every day. Weekly and Daily Timeframes on 13 Markets: EUR/USD – in the process of playing out a bearish continuation triangle pattern GBP/USD – 1.2000 to 1.3000 broad trading range; below 1.2675, current cycle is lower AUD/USD – currently in a wave 2 complex correction which could see lower levels towards .7300 USD/JPY – current bullish trend in play – 61.8% at 115.50 next level to watch USD/CAD – in a corrective sequence higher; 50% Fib @ 1.3575 and 61.8% Fib at 1.3839; watch for reversal NZD/USD – the current daily cycle in this pair is down S&P – wave count calling for another move up to complete wave c before a correction DJIA – wave count looking for a correction from current or slightly higher levels NASDAQ – wave count calling for lower levels as long as price fails to take out 4885 recent highs Russell – current uptrend to complete magenta wave c which ends a complex blue wxyxz pattern before reversal DAX – as long as price stays below 10802 wave count looking for black wave c down to complete blue wave ii GOLD – in the process of completing a 5-wave sequence down to conservative previous low of 1170 OIL – peaked at recent 49.19 high and we are now following the momentum down towards previous 42.23 low This is what we do every day. Think about how much better this gets when we add the Wavy Tunnel PRO! Sincerely Yours, Jody Samuels WEEKLY UPDATE 11/27/2016
Transcript
General CommentsPlease watch the accompanying video analysis by Juan Maldonado, our Chief Elliott Wave Strategist where he analyzes in detail the EUR/USD, DOW, OIL and APPLE. In the Elliott Wave Desk, we review 13 markets every day.
Weekly and Daily Timeframes on 13 Markets:EUR/USD – in the process of playing out a bearish continuation triangle pattern GBP/USD – 1.2000 to 1.3000 broad trading range; below 1.2675, current cycle is lowerAUD/USD – currently in a wave 2 complex correction which could see lower levels towards .7300USD/JPY – current bullish trend in play – 61.8% at 115.50 next level to watchUSD/CAD – in a corrective sequence higher; 50% Fib @ 1.3575 and 61.8% Fib at 1.3839; watch for reversalNZD/USD – the current daily cycle in this pair is downS&P – wave count calling for another move up to complete wave c before a correctionDJIA – wave count looking for a correction from current or slightly higher levelsNASDAQ – wave count calling for lower levels as long as price fails to take out 4885 recent highsRussell – current uptrend to complete magenta wave c which ends a complex blue wxyxz pattern before reversalDAX – as long as price stays below 10802 wave count looking for black wave c down to complete blue wave ii GOLD – in the process of completing a 5-wave sequence down to conservative previous low of 1170OIL – peaked at recent 49.19 high and we are now following the momentum down towards previous 42.23 low
This is what we do every day. Think about how much better this gets when we add the Wavy Tunnel PRO!Sincerely Yours, Jody Samuels
WEEKLY UPDATE 11/27/2016
EUR/USD Weekly
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EUR/USD Daily
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GBP/USD Weekly
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GBP/USD Daily
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AUD/USD Weekly
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AUD/USD Daily
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USD/JPY Weekly
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USD/JPY Daily
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USD/CAD Weekly
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USD/CAD Daily
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NZD/USD Weekly
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NZD/USD Daily
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S&P Weekly
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S&P Daily
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DOW Weekly
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DOW Daily
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NASDAQ Weekly
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NASDAQ Daily
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RUSSEL Weekly
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RUSSEL Daily
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DAX Weekly
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DAX Daily
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GOLD Weekly
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GOLD Daily
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OIL Weekly
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OIL Daily
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There is a high degree of risk involved in any type of trading. Foreign
Exchange trading is not suitable for all investors. Past results are not
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individuals assume no responsibility for your trading and investment
results. Please keep in mind that all comments made by FX Traders
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WEEKLY UPDATE 11/27/2016Two week chart trial at bit.ly/EWcharts
