US Dollar .... Elliott Wave analysis

[MARKETWAVES]

OK , WAYNE ..... here they are ....

[MARKETWAVES]

ok wayne ...

[tech/a]

Waves---this is some seriously good charting.

You interested in running a school (Here on the forum) covering Elliot Wave?
When and if you have time.

Starting with the basics.Im sure youd have more than me (I have an elementary understanding) involved!.

Far from Gann-------Elliot from what I have seen over 12 yrs is an analysis tool which deserves respect as do those practitioners with sound understanding.

Thanks again.

[DTM]

Yes, nice charts waves.

Thanks for taking the time out to enlighten us, and a school for elliot wave

would be greatly appreciated by all. :bigthumb:

Keep up the good work. :)

[roddy radar]

Yes, nice charts waves.

Thanks for taking the time out to enlighten us, and a school for elliot wave

would be greatly appreciated by all. :bigthumb:

Keep up the good work. :)

Yes excellent work - the DCX gives a great indication of all the components - and how right you were - long before the French vote! :)

[wayneL]

Waves,

Thought I had replied here.....pardon my unintentional rudeness.

Nice charts, as always. Must be some effort here...what with scanning, saving posting etc.

Thanks.

[tech/a]

Wow what a great Impulse move.
Price is moving well toward Waves 5th wave count of 89-91c
I expect an inside day after such a strong move.

[Battman64]

Nice work Marketwaves
Elliot has some very good points

[MARKETWAVES]

US DOLLAR ...... UPDATE WEEK ENDING 6-2-05



THE US DOLLAR has blasted its way through some major resistance areas and continued this past short 4 day week ....

These 2 pages are forward looking .....

Pay close attention to the las t 2 charts ..... on page 2 ,,,, posted here .... The stochastic oscillator is in overbought territory...
This is a good time to look at whats going on with some other oscillators .....



TRADE AT YOUR OWN RISK… The purpose of these charts is to point out significant highs and lows based on Fibonacci Retracement lines and Elliot Waves which are highly subjective . This information is for educational purposes and should not be considered trading recommendations . All trading decisions are your own sole responsibility …

[MARKETWAVES]

pg...2

[MARKETWAVES]

US DOLLAR UPDATE ..... ( WEEKLY VIEWS )

6-16-05
THESE CHARTS ARE being posted as an update and to show how the US DOLLAR has rallied and broken out , so to speak out of this Falling Dagger formation ... Now that it has rallied ... It appears to be running into some Major Resistance ,,,, oscilators are in oversold territory it seems also ...

CAN WE PULL BACK SOME ? .....



TRADE AT YOUR OWN RISK… The purpose of these charts is to point out significant highs and lows based on Fibonacci Retracement lines and Elliott Waves which are highly subjective . This information is for educational purposes and should not be considered trading recommendations . All trading decisions are your own sole responsibility …

[MARKETWAVES]

PG 2

6-16-05 .............. UPDATE ( weekly views )

[MARKETWAVES]

us dollar .... weekly chart update ...


Clearly, the Us Doollar has broke out....

Should be running into some kind of resistance forward looking ...

,,, Currently it is important to just watch...waiting and watching for some kind of topping formation to start developing like a rising wedge or double top formation for example .....

[DTM]

I agree with you MW. USD looks to hit major resistance. My AUD/US dollar daily charts look like its going to bounce off major support that you have drawn. ie Major resistance from your charts.