EURUSD Elliott Wave View: Still Trading Sideways

by elliottwave-forecast.com | April 20, 2018 2:51 pm
Short-term EURUSD Elliott Wave view suggests that the pair remains in a sideways triangle range between 1.2554 and 1.2153 levels as mentioned in the previous post here. Until we break out of the range, we look for the...

USDCAD Elliott Wave View: Calling Intraday Bounce

by elliottwave-forecast.com | April 17, 2018 2:52 pm
USDCAD Elliott Wave short-term view suggests that the bounce to 1.2942 high ended Intermediate degree wave (2). Then the decline from there is unfolding in an impulse sequence with an internal sub-division of each leg lower is showing 5...

Elliott Wave Analysis: Further Strength in USDJPY

by elliottwave-forecast.com | April 6, 2018 2:46 pm
USDJPY short term Elliott Wave view suggests that the decline to 104.54 low on March 26 ended Intermediate wave (3). Wave (4) correction is in progress as a double three Elliott Wave Structure. A double three is a 7 swing...

Elliott Wave Analysis: USDJPY Correction Should Fail Below 107.9

by elliottwave-forecast.com | March 8, 2018 9:58 am
Short Term USDJPY Elliott Wave view suggests that the rally to 107.9 ended Minor wave X. Pair is expected to resume lower while bounces stay below this level. Down from Minor wave X at 107.91, Minor wave Y is...

US Dollar at the Start of Multi-Year Downtrend

by elliottwave-forecast.com | March 5, 2018 12:28 pm
Since the US Dollar trades freely in the 1970s, on average it has rallied and declined in a period of 7.5 years. The chart below shows short term and long term US Dollar cycle: Short Term and...

CADJPY Elliott Wave Analysis: Correction Expected Before Lower Again

by elliottwave-forecast.com | March 2, 2018 9:02 am
Short Term CADJPY Elliott Wave view suggests that the decline from 1/5/2018 high (91.58) is unfolding as an impulse Elliott Wave Structure where Minor wave 1 ended at 87.785, Minor wave 2 ended at 89.439, Minor wave 3 ended...

Elliott wave Analysis: USDJPY calling for more downside

by elliottwave-forecast.com | February 14, 2018 11:40 am
USDJPY Short-term Elliott Wave view suggests that the rally to 110.48 high ended Intermediate wave (4) bounce on February 02.2018 peak. Below from there, the decline is unfolding as an Ending Diagonal Structure within Intermediate wave (5) lower. Where Minor wave 1 ended...

Elliott Wave Analysis: Calling the low in place in Bitcoin

by elliottwave-forecast.com | February 13, 2018 11:38 am
Bitcoin ticker symbol: ( BTCUSD ) Short Term Elliott Wave view suggests that the decline from December 17.2017 peak to February 05.2018 low (5920.72) ended the Super Cycle wave “(b)” lower. Above from there, the rally is unfolding as a leading diagonal Elliott Wave structure. Where...

Elliott Wave Analysis: DXY extended correction as triple three

by elliottwave-forecast.com | February 8, 2018 10:14 am
DXY Short Term Elliott Wave view suggests that the decline to 88.44 ended Intermediate wave (3). Up from there, correction in Intermediate wave (4) is in progress as a triple three Elliott Wave structure. Rally to 89.64 ended Minor...

One Market concept and The Elliott wave Theory

by elliottwave-forecast.com | January 28, 2018 1:59 pm
The Elliott wave Theory is a form of Technical analysis that traders use to analyse the market and forecast the trend and we will explain how we use it for One Market Concept. The Theory was developed...