Crosses blog20161002194739

Many traders are of the mind set that they should follow only one or a very few instruments and therefore, you would come across many traders who trade just EURUSD, GBPUSD, ES_F or Gold (XAUUSD) for example. We at www.elliottwave-forecast.com believe that market works as a whole and as a forecaster we need to analyse […]

  • $USDCAD Elliottwaves forecasting the rally & buying the dips

    $USDCAD Elliottwaves forecasting the rally & buying the dips


    The video below is a short capture from the NY Live Analysis Session held on November 8th by EWF Founder & Chief Currency Strategist Eric Morera. Eric presented Elliott Wave count of $USDCAD suggesting potential double in wave ((x)) pull back toward 1.2363-1.3226 before further rally takes place.  Back then, $USDCAD was showing incomplete swings […]

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  • $EURAUD forecasting the path & selling the rallies

    $EURAUD forecasting the path & selling the rallies


    On August 10th $EURAUD broke the previous low from April 21st @1.4425 , making the bearish cycle from the Febrtary peak still alive. Our Elliott Wave analysis suggested for at least another big swing lower below 1.44037 low, so we recommend our members to avoid buying the pair and keep selling the rallies against the […]

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  • EURAUD Short-term Elliott Wave Analysis 10.19.2016

    EURAUD Short-term Elliott Wave Analysis 10.19.2016


    Best reading of Elliott wave cycles suggests EURAUD is in a triple three Elliott wave structure from 10/6 (1.4779) high. Pair has got enough number of swings in place to call the cycle in wave W completed and soon a bounce would be expected to correct the cycle ideally from 9/15 (1.5096) peak and at least from 10/6 (1.4779) […]

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  • EURAUD Short-term Elliott Wave Analysis 10.18.2016

    EURAUD Short-term Elliott Wave Analysis 10.18.2016


    Best reading of Elliott wave cycles suggests EURAUD is in a triple three Elliott wave structure from 10/6 (1.4779) high. While below 1.4353 and more importantly below 1.4477 high, pair has scope to make another push lower towards 1.4222 – 1.4162 area and then bounce in minimum 3 waves to correct the cycle  from 10/6 (1.4779) peak […]

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  • $NZDUSD Elliott Waves forecasting the decline

    $NZDUSD Elliott Waves forecasting the decline


    At the begining of September 2016 $NZDUSD reached daily extreme area at 0.7389-0.7557 and our view was suggesting potential pull back in 3 waves against the January 20th low at least. The pair found sellers at the mentioned technical area and made top on September 7th ( 0.74882 peak) and since then it traded lower. […]

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  • $GBPNZD: Calling lower based on Elliott Wave Swing Sequence

    $GBPNZD: Calling lower based on Elliott Wave Swing Sequence


    In this technical blog we are going to take a quick look at $GBPNZD 4 hour chart from October 4th 2016. Pair from July 21 2016 peak was following a lager Elliott wave bearish cycle for ideal downside target area at 1.70, Also from September 1st 2016 peak (1.83559) pair was forming a lower lows […]

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