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Market should hold major support at 1.1122 before rising towards 1.1174 or even 1.1191 limit.

Key Point 1.1171 Entry Point 1.1147
Trendline1 1.1125 Trendline2 1.1144
elliott 1.1123 Closing...

One move lower to 103.019920 or 102.608170 is anticipated while below 103.481354 - 103.687233 area. Stop loss above 103.942795 zone.

Key Point 104.06 Entry Point 103.51
Trendline1 102.70...

Uptrend is still intact in a triangle configuration. It should continue to rally to 1.3149 or 1.3176 if support around 1.3121 hold. After which a pullback to 1.3121 - 1.3103 zone is possible.

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Our preferred view is for a drift down to 0.9816 or below 0.9794. Resistances is at 0.9835. A rise above 0.9862 would delay but not abort this expected fall.


Key Point 0.9876 Entry Point 0.9855...

Currently uptrend should end around 116.076202 - 115.660904 area. A correction down to below 114.917351 is expected. A rise above 115.919060 will abort the expected correction.


Key Point 115.90...

It should try higher up to 1.0977 - 1.0991. Entry point 1.0964 or 1.0957. After this rise, a correction is expected.


Key Point 1.0995 Entry Point 1.0966
Trendline1 1.0949 Trendline2 1.0951...

One more dip to 1306.797363 - 1303.677856 is likely followed by a grind higher to 1312.607422 - 1315.297852. After which it can resume its downtrend.

Key Point 1307.57 Entry Point 1307.04...

Market should hold major support at 0.7478 before rising towards 0.7538 or even 0.7557 limit.


Key Point 0.7488 Entry Point 0.7491
Trendline1 0.7512 Trendline2 0.7481
Elliott 0.7692 Closing...

Should fall around 1.3077 while below 1.3108 - 1.3127 zone. Then a recovery up to above 1.3127 is expected.

Key Point 1.3157 Entry Point 1.3149
Trendline1 1.3116 Trendline2 1.3162
Elliott 1.2832...

Currently uptrend should end around 0.7258 - 0.7272 area. A correction down to 0.7233 - 0.7222 is expected. A rise above 0.7293 will abort the expected correction.


Key Point 0.7259 Entry Point...

Currently uptrend should end around 78.064682 - 77.932335 area. A correction down to below 77.454208 is expected. A rise above 78.105667 will abort the expected correction.


Key Point 77.50 Entry...

Uptrend is still intact in a triangle configuration. It should continue to rally to 74.653717 or 74.574089 if support around 74.210625 hold. After which a pullback to 74.210625 - 74.092506 zone is...

Currently uptrend should end around 137.014862 - 136.331619 area. A correction down to below 135.036102 is expected. A rise above 136.768265 will abort the expected correction.

Key Point 136.68...

It should trade higher to 1.4874 while 1.4791 or 1.4773 offers support. Stop loss below 1.4709 zone.


Key Point 1.4878 Entry Point 1.4812
Trendline1 1.4847 Trendline2 1.4822
Elliott 1.4746...

It should try higher up to 1.7434 - 1.7491. Entry point 1.7378 or 1.7341. After this rise, a correction is expected.


Key Point 1.7477 Entry Point 1.7354
Trendline1 1.7291 Trendline2 1.7292...

It should try higher up to 1.2876 - 1.2904. Entry point 1.2848 or 1.2829. After this rise, a correction is expected.


Key Point 1.2895 Entry Point 1.2861
Trendline1 1.2836 Trendline2 1.2837...

Current move should be supported in 18.587746 - 18.462997 zone for a rise to 19.109489. A break below 18.315502 opens the way down.

Key Point 18.46 Entry Point 18.71
Trendline1 18.57 Trendline2...

Current rise seems to be over near 1.4598 or 1.4615 for a retracement towards 1.4581 - 1.4572 area.


Key Point 1.4621 Entry Point 1.4587
Trendline1 1.4552 Trendline2 1.4571
Elliott 1.4502...

It should test 1.5451 area after which a sell off down to 1.5402 or extended to 1.5369 area is expected.

Key Point 1.5416 Entry Point 1.5422
Trendline1 1.5458 Trendline2 1.5396
Elliott 1.5521...

Currently uptrend should end around 1.7146 - 1.7185 area. A correction down to below 1.7057 is expected. A rise above 1.7235 will abort the expected correction.


Key Point 1.7179 Entry Point...