Short term Elliott Wave view in Gold (XAUUSD) suggests that cycle from 4/10 low (1246.92) is unfolding as an impulse Elliott wave structure where Minutte wave ((i)) ended at 1257.2, Minutte wave (ii) ended at 1250.8, Minute wave (iii) ended at...
The USD/JPY pair did almost nothing during the day on Wednesday, as traders took a breather after the massive bearish candle that had formed on Tuesday. Because of this, it’s likely that the market will need to...
The USD/CAD pair fell during the session on Wednesday, crashing into the 1.3250 level. The market has been consolidating for some time, and the market looks as if it is trying to test that support area. If...
The GBP/USD pair initially rally during the day on Wednesday, but ran into a little bit of trouble at the psychologically important 1.25 handle. That’s not a huge surprise, it is an area where you would expect...
The EUR/USD pair had a slightly positive session on what would have been a basically quiet session during the Wednesday trading session. I believe that the market still has a lot of negative pressure on it though,...
The Australian dollar fell during the day on Wednesday, as the 0.75 level continues to offer resistance. It now looks as if we are going to try to reach towards the 50% Fibonacci retracement level below, at...
Hello fellow traders. In this technical blog we’re going to take a quick look at the past Elliott Wave charts of AUDJPY . We’re going to explain the structure and see how we forecasted the path. The...
In this Technical blog we are going to take a quick look at the past 1 hour Elliott Wave performance of AUDCAD cycle from March 20 peak (1.0332), which we presented to our clients at elliottwave-forecast.com We are going...
Short term Elliott Wave view in Crude Oil (CL_F) suggests that cycle from 3/22 low (47.01) is unfolding as a double three Elliott wave structure where Minute wave ((w)) ended at 50.85 and Minute wave ((x)) ended at 49.88. Minute...
The USD/JPY pair had a very negative session on Tuesday, breaking below the 110 level. It now looks as if we’re going to grind our way down to the 61.8% Fibonacci retracement level, which is 108. It...
