Elliot Wave Analysis by SolidECN Experts

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JPMorgan Chase & Co.

The price is in a correction, a fall is possible.
On the daily chart, the third wave of the higher level 3 developed, within which the wave (5) of 3 formed, and a downward correction started to develop as the wave 4. Now, the wave (А) of 4 is forming, within which a local correction has ended as the wave 4 of (A), and the fifth wave 5 of (A) is developing. If the assumption is correct, the price will fall to the levels of 118.00–101.00. In this scenario, critical stop loss level is 158.88.

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IBM Corp. Elliot Wave analysis

The price is in a correction and may grow.
On the daily chart, a downward correction developed as the fourth wave of the higher level 4, and the fifth wave 5 develops, within which the wave (1) of 5 forms. Now, the formation of the fifth wave 5 of (1) has started, within which the wave i of 5 has formed, and a local correction is ending as the wave ii of 5. If the assumption is correct, after the end of the correction, the price will grow to the levels of 145.76–153.45. In this scenario, critical stop loss level is 115.​

 

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USDCAD pair is in a correction and 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 developing, within which the wave (i) of iii has formed, and a local correction is ending as the wave (ii) of iii. If the assumption is correct, after the end of the correction, the pair will grow to the levels of 1.3200–1.3410. In this scenario, critical stop loss level is 1.2578.​

 

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USDCHF, The pair may fall.

On the daily chart, the first downward wave of the higher level (1) of 3 formed, an upward correction developed as the second wave (2) of 3, and the development of the third wave (3) of 3 started. Now, the first wave of the lower level i of 1 of (3) has formed, the local correction ii of 1 of (3) has developed, and the wave iii of 1 of (3) is forming, within which the wave (iii) of iii is developing. If the assumption is correct, the pair will fall to the levels of 0.8921–0.8758. In this scenario, critical stop loss level is 0.9297.​

 

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Elliot Wave Analysis by Solid ECN Securities​

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Boeing Co. wave analysis | The price may grow.
On the daily chart, the first wave of the higher level (1) of C formed, and a correction developed as the second wave (2) of C, and the development of the third wave (3) of C started. Now, the first entry wave of the lower level 1 of (3) is forming, within which the wave i of 1 has formed, and the wave ii of 1 is ending. If the assumption is correct, the price will grow to the levels of 242.70–260.00. In this scenario, critical stop loss level is 183.77.​

 

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Elliot Wave Analysis by Solid ECN Securities​

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American Express Co | The price may grow
On the daily chart, the fifth wave of the higher level (5) develops, within which the wave 3 of (5) forms. Now, the fifth wave of the lower level v of 3 is developing, within which the wave (iii) of v has formed. If the assumption is correct, after the end of the local correction (iv) of v the price will grow to the levels of 210.00–220.00. In this scenario, critical stop loss level is 170.76.​

 

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Elliot Wave Analysis by Solid ECN​

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Crude Oil, The price may grow.
On the daily chart, the upward wave C forms, within which the first wave 1 of (1) of C develops. Now, the fifth wave of the lower level v of 1 is forming, within which a local correction has ended as the wave (iv) of 1, and the wave (v) of 1 is developing. If the assumption is correct, the price will grow to the levels of 110.00–115.00. In this scenario, critical stop loss level is 90.13​

 

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Elliot Wave Analysis by Solid ECN​

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Gold may grow.
On the daily chart, the fifth wave of the higher level (5) develops, within which the wave 3 of (5) forms. Now, the third wave of the lower level iii of 3 is developing, within which the wave (iii) of iii is forming. If the assumption is correct, the pair will grow to the levels of 2067.60–2150.00. In this scenario, critical stop loss level is 1853.14.​

 

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Elliot Wave Analysis by Solid ECN​

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Intel Corp, The price may fall.
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 first wave of the lower level i of C has formed, a local correction has ended as the wave ii of C, and the third wave iii of C is developing. If the assumption is correct, the price will fall to the levels of 38.00–31.50. In this scenario, critical stop loss level is 56.32.​

 

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Elliot Wave Analysis by Solid ECN Securities​

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EURUSD pair may fall.
On the daily chart, the first wave of the higher level 1 of (3) formed, and a downward correction develops as the second wave 2 of (3), within which the wave c of 2 forms. Now, a local correction has ended as the fourth wave of the lower level (iv) of c, and the fifth wave (v) of c is developing. If the assumption is correct, the pair will fall to the levels of 1.1050–1.0980. In this scenario, critical stop loss level is 1.1393.​

 

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Elliot Wave Analysis by SolidECN​

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GBPUSD is in a correction and may grow.
On the daily chart, the first wave of the higher level (1) formed, a downward correction developed as the wave (2), and the development of the third wave (3) started. Now, the first entry wave of the lower level i of 1 of (3) has formed, and a local correction is ending to develop as the second wave ii of 1, within which the wave (c) of ii is forming. If the assumption is correct, after the end of the correction, the pair will grow to the levels of 1.4000–1.4246. In this scenario, critical stop loss level is 1.3160.​

 

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Elliot Wave Analysis by Solid ECN​

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USDCAD 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 developing, within which the wave (i) of iii has formed, and a local correction has ended as the wave (ii) of iii. If the assumption is correct, the pair will grow to the levels of 1.3200–1.3410. In this scenario, critical stop loss level is 1.2609.​

 

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Elliot Wave Analysis by Solid ECN​

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USDCHF pair may fall.
On the daily chart, the first downward wave of the higher level (1) of 3 formed, an upward correction developed as the second wave (2) of 3, and the development of the third wave (3) of 3 started. Now, the first wave of the lower level i of 1 of (3) has formed, the local correction ii of 1 of (3) has developed, and the wave iii of 1 of (3) is forming, within which the wave (iii) of iii is developing. If the assumption is correct, the pair will fall to the levels of 0.9014–0.8921. In this scenario, critical stop loss level is 0.9285.​

 

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Elliot Wave Analysis by Solid ECN​

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Visa Inc, The price may grow.
On the daily chart, the fifth wave of the higher level (5) develops, within which the third wave 3 of (5) formed, and a downward correction developed as the fourth wave 4 of (5). Now, the fifth wave of the lower level 5 of (5) is developing, within which the wave iii of 5 is forming. If the assumption is correct, the price will grow to the levels of 250.00–280.00. In this scenario, critical stop loss level is 194.75.​

 

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Elliot Wave Analysis by Solid ECN​

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AUDUSD is in a correction, a fall is possible
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) develops. Now, the first wave of the lower level i of C formed, and a local correction is ending to develop as the wave ii of C, within which the formation of the wave (c) of ii is ending.

If the assumption is correct, after the end of the correction, the pair will fall to the levels of 0.6742–0.6446. In this scenario, critical stop loss level is 0.7563.

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Elliot Wave Analysis by Solid ECN​

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NZDUSD, the pair may fall.
On the daily chart, the upward wave of the higher level (А) of B formed, and a downward correction develops as the wave (B) of B, within which the wave C of (B) forms. Now, the third wave of the lower level iii of C has formed, a local correction has developed as the fourth wave iv of C, and the formation of the fifth wave v of C has started.

If the assumption is correct, the pair will fall to the levels of 0.6466–0.6224. In this scenario, critical stop loss level is 0.6890.​

 

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Elliot Wave Analysis by Solid ECN​

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Amazon price is in a correction, a fall is possible.
On the daily chart, the third upward wave of the higher level (3) developed, and a downward correction develops as the fourth wave (4). Now, the wave and of (4) has formed, and a local correction is developing as the wave B of (4), within which the wave c of B is forming.

If the assumption is correct, after the end of the correction, the price will fall to the levels of 2529.07–2241.16. In this scenario, critical stop loss level is 3356.92.​

 

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Elliot Wave Analysis by Solid ECN​

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Alibaba Group Holdings Ltd, The price may fall.
On the daily chart, the first upward wave of the higher level 1 formed, and a downward correction develops as the wave 2. Now, the wave © of 2 is forming, within which the development of the fifth wave of the lower level 5 of © has started.

If the assumption is correct, the price will fall to the levels of 75.00–56.00. In this scenario, critical stop loss level is 128.91.​

 

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Elliot Wave Analysis By Solid ECN​

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EURUSD pair may fall.
On the daily chart, the first wave of the higher level 1 of (3) formed, and a downward correction develops as the second wave 2 of (3), within which the wave c of 2 forms. Now, a local correction has ended as the fourth wave of the lower level (iv) of c, and the fifth wave (v) of c is developing.

If the assumption is correct, the pair will fall to the levels of 1.0760–1.0640. In this scenario, critical stop loss level is 1.1137.​

 

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Elliot Wave Analysis By Solid ECN​

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GBPUSD is in a correction, a fall is possible.
On the daily chart, the first wave of the higher level (1) formed, and a downward correction develops as the wave (2). Now, the wave and of (2) has formed, a local correction has developed as the second wave B of (2), and the wave C of (2) is forming, within which the wave iii of C is developing.

If the assumption is correct, the pair will fall to the levels of 1.2833–1.2500. In this scenario, critical stop loss level is 1.3647.​