euraud 1h breakout

On October 13/2016, during our London update, we advised our members that EURAUD did a 3 swing correction pullback on the 1 hour chart and the pair can now continue lower. In the chart below, EURAUD saw rejection at the 0.50% Fibonacci retracement level and we clearly see a reaction from this Fib. level. Before entering […]

  • EURCAD Elliott Wave Plus Bearish Patterns

    EURCAD Elliott Wave Plus Bearish Patterns


    EURCAD Technical Analysis January 12/2017 EURCAD 1 hour Elliott Wave count can be calling for more downside and also there are two possible bearish patterns to match the bearish Elliott Wave count. As long as the pair stays below 1.4055 we can expect the pair to continue lower. Both the Elliott Wave and bearish patterns […]

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  • EURCAD Technical Analysis January 11 2017

    EURCAD Technical Analysis January 11 2017


    EURCAD trend on the weekly and daily chart is bearish so traders should continue to look for selling opportunities and expect the pair to continue lower until a clear trend change shows that the down cycle is over. We at Elliott Wave Forecast always advise our members to always trade with the trend and not […]

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  • AUDJPY Elliott Wave Count & Bullish Pattern?

    AUDJPY Elliott Wave Count & Bullish Pattern?


    AUDJPY Technical Analysis: Elliott Wave count on the 1 hour chart calling for possible move higher together with a bullish pattern (blue) also calling for move higher. Both the Elliott Wave count and blue bullish pattern invalidates at the 83.71 level. As long AUDJPY stays above 83.71 we can expect AUDJPY to extend higher. AUDJPY […]

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  • GBPAUD Elliott Wave Calling Possible Bounce Higher?

    GBPAUD Elliott Wave Calling Possible Bounce Higher?


    GBPAUD has been trending higher on the 1 hour and 4 hour time frames since October 7/2016. Elliott Wave forecast analysis can also be calling for the pair to continue the trend and push higher. We at Elliottwave-Forecast always recommend our clients to trade with the trend and not against it. We also understand that […]

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  • Will USDJPY Find Support and Continue Higher?

    Will USDJPY Find Support and Continue Higher?


    *Forecast invalidated / Patterns invalidated* USDJPY is trending up on the 4 hour and 1 hour time frames so it is best to follow the trend and look for any possible bullish scenarios that shows USDJPY can continue higher. On the chart below we can see two possible bullish patterns (blue, red) with both BUY […]

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  • USDJPY : Elliott Waves Calling for the Bounce Higher

    USDJPY : Elliott Waves Calling for the Bounce Higher


    As traders, when we stare at charts everyday, there are times when the forecast of the market is crystal clear. The charts below, from our members area, demonstrates how clear we saw the path for USDJPY on October 18/2016. During the New York Mid-day update, we advised our clients that USDJPY will find support at […]

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