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 […]

  • CADCHF: Another Swing Higher is Highly Probable

    CADCHF: Another Swing Higher is Highly Probable


    *Bullish patterns have been invalidated* CADCHF has been moving higher since January 20/2016. It has been making higher highs and higher lows showing that it is trending to the upside. It is also showing an Elliott Wave WXY (Double correction) where we still need to see the 7th swing higher to complete Wave Y. In the […]

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  • EURCAD : Scenario for Another Swing Lower

    EURCAD : Scenario for Another Swing Lower


    EURCAD has been moving lower since August 24/2015 and we are viewing it at the moment as an Elliott Wave W-X-Y structure (double correction). Two other bearish patterns are also signalling for more downside for this pair. Wave ((w)) seems to be in place and we can now see a possible bounce to the 1.4850 […]

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