Elliot Wave Analysis Only - By SolidECN

EURUSD - Growth is possible

On the daily chart, a downward correction of the higher level ended as the wave (B), within which the wave C of (B) formed. The upward wave (ะก) is forming now, within which the first entry wave of the lower level (i) of i of 1 of (C) is developing.

If the assumption is correct, the EURUSD pair will grow to the levels of 1.0612 โ€“ 1.0787. In this scenario, critical stop loss level is 0.9944.

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GBP USD - Growth is possible.

On the daily chart, the first wave of the higher level (1) formed, and a downward correction ended as the second wave (2). Now, the third upward wave (3) has started to develop, within which the first wave entry of the lower level (i) of i of 1 of (3) is developing.

If the assumption is correct, the GBPUSD pair will grow to the levels of 1.2674 โ€“ 1.315. In this scenario, critical stop loss level is 1.175.

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Apple - The price may grow

On the daily chart, the third wave of the higher level 3 formed, a downward correction ended as the fourth wave 4, and the formation of the fifth wave 5 started. Now, the first entry wave of the lower level (1) of 5 is developing, within which the wave 3 of (1) is forming.

If the assumption is correct, the price of the asset will grow to the levels of 165.65 โ€“ 183.14. In this scenario, critical stop loss level is 142.4.

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Microsoft - Growth is possible

On the daily chart, the third wave of the higher level 3 formed, a downward correction developed as the fourth wave 4, and the fifth wave 5 forms. Now, the first entry wave (1) of 5 is developing, within which the wave of the lower level 1 of (1) has formed, the wave 2 of (1) has ended, and the wave 3 of (1) is developing.

If the assumption is correct, the price of the asset will grow to the levels of 316.2โ€“350.4. In this scenario, critical stop loss level is 244.9.

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USDJPY - Growth is possible

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 is developing, within which the wave (v) of iii is forming.

If the assumption is correct, the USDJPY pair will grow to the levels of 142 โ€“ 145. In this scenario, critical stop loss level is 131.35.

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Silver - A fall is possible.

On the daily chart, a downward correction of the higher level formed as the second wave (2), within which the wave C of (2) forms. Now, the fifth wave v of C is developing, within which, the wave (v) of v has formed.

If the assumption is correct, the XAGUSD pair will fall to the levels of 17.2 โ€“ 15.77. In this scenario, critical stop loss level is 19.12.

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Bank of America - The price is in a correction and may grow.

On the daily chart, the first wave of the higher level 1 formed, and a downward correction develops as the second wave 2. Now, the wave (ะ) of 2 has developed, within which the fifth wave of the lower level 5 of (ะ) has formed, and a local correction is developing as the wave (B) of 2, within which, the upward wave C of (B) has developed.

If the assumption is correct, after the end of the correction, the price of the asset will grow to the levels of 39.3 โ€“ 41.45. In this scenario, critical stop loss level is 29.6.

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JPMorgan Chase - Growth is possible.

On the daily chart, the third wave of the higher level 3 developed, and a downward correction develops as the wave 4. Now, the wave (ะ) of 4 has formed, within which the fifth wave of the lower level 5 of (ะ) is developing, and the development of the wave (B) of 4 has started.

If the assumption is correct, the price of the asset will grow within the wave (B) of 4 to the levels of 131.55 โ€“ 139.45. In this scenario, critical stop loss level is 105.97.

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AUD USD - The pair 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 develops as the wave (2) of C, within which the wave C of (2) forms. Now, the third wave of the lower level iii of C has developed, and a local correction is ending as the fourth wave iv of C.

If the assumption is correct, the AUDUSD pair will fall to the levels of 0.66โ€“0.645. In this scenario, critical stop loss level is 0.7273.

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NZDUSD - A fall is possible.

On the daily chart, the upward wave of the higher level (ะ) of B appeared, and a downward correction develops as the wave (B) of B, within which the wave C of (B) develops. Now, the fifth wave v of C is forming, within which the wave (iii) of v has ended, and a local correction has ended as the wave (iv) of v.

If the assumption is correct, the NZDUSD pair will fall to the levels of 0.5910 โ€“ 0.5800. In this scenario, critical stop loss level is 0.6398.

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IBM - The price may grow.

On the daily chart, the first wave of the higher level (1) forms, within which the fifth wave 5 of (1) forms. Now, the third wave of the lower level iii of 5 is developing, within which the wave (i) of iii has appeared, and a local correction has ended as the wave (ii) of iii.

If the assumption is correct, the price of the asset will grow to the levels of 153.45โ€“160. In this scenario, critical stop loss level is 118.65.

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USDCAD - Growth is possible.

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 (iii) of iii is appearing.

If the assumption is correct, the USDCAD pair will grow to the area of 1.341โ€“1.37. In this scenario, critical stop loss level is 1.2521.

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USDCHF - Growth is possible.

On the daily chart, the third wave of the higher level 3 of (3) develops, within which the wave iii of 3 formed, and a correction ended as the fourth wave iv of 3. Now, the fifth wave v of 3 is developing, within which the first wave of the lower level (i) of v has appeared, and a local correction has ended as the wave (ii) of v.

If the assumption is correct, the USDCHF pair will grow to the area of 1.02 โ€“ 1.035. In this scenario, critical stop loss level is 0.949.

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American Express - Growth is possible.

On the daily chart, the fifth wave of the higher level (5) develops, within which the wave 3 of (5) formed, and the fourth wave 4 of (5) developed. Now, the development of the fifth wave 5 of (5) has started, within which the first wave of the lower level (i) of i of 5 is forming.

If the assumption is correct, the price of the asset will grow to the area of 171.15โ€“199.25. In this scenario, critical stop loss level is 133.9.

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Boeing - The price is in a correction, a fall is possible.

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

If the assumption is correct, the price of the asset will fall to the area of 89.41โ€“50. In this scenario, critical stop loss level is 180.7.

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Gold - A fall is possible.

On the daily chart, a downward correction develops as the fourth wave of the higher level (4), within which the wave C of (4) forms. Now, the fifth wave v of C is developing, the wave of the lower level (iii) of v of C has appeared, and the development of the correctional wave (iv) of v of C is ending.

If the assumption is correct, the XAUUSD pair will fall to the area of 1621.9 โ€“ 1515.1. In this scenario, critical stop loss level is 1792.2.

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Crude Oil - A fall is possible

On the daily chart, the first wave of the higher level 1 of (1) of C formed, and a downward correction forms as the second wave 2 of (1) of C, within which the wave a of 2 develops. Now, the third wave of the lower level (iii) of a is developing, within which the wave iv of (iii) and the wave v of (iii) are forming.

If the assumption is correct, Crude Oil price will fall to the levels of 82.3 โ€“ 67. In this scenario, critical stop loss level is 103.55.

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Silver - Growth is possible

On the daily chart, a downward correction of the higher level developed as the second wave (2), within which the wave C of (2) formed. Now, the formation of the third wave (3) has started, within which the first entry wave of the lower level (i) of i of 1 of (3) is forming.

If the assumption is correct, the XAGUSD pair will grow to the levels of 21.55โ€“22.47. In this scenario, critical stop loss level is 18.27.

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Netflix - Growth is possible

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 has appeared, within which the first entry wave of the lower level 1 of (1) of C is forming, a local correction has ended as the wave 2 of (1) of C, and the third wave 3 of (1) of C is developing.

If the assumption is correct, the price of the asset will grow to the levels of 326.97 โ€“ 397. In this scenario, critical stop loss level is 168.

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Walt Disney - Growth is possible.

On the daily chart, the wave A of the higher level developed, and a downward correction forms as the wave B, within which the wave (ะ) of B appeared. Now, the upward correctional wave of the lower level (B) of B has formed.

If the assumption is correct, the price of the asset will grow to the levels of 132.05 โ€“ 146.05. In this scenario, critical stop loss level is 89.7.

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