AUDJPY Short-term Elliott Wave Analysis 8.3.2016
Preferred Elliott wave count suggests that decline from wave X at 79.57 is unfolding as a triple three where wave ((w)) ended at 77.6, wave ((x)) ended at 79.51, wave…
AUDJPY Short-term Elliott Wave Analysis 8.2.2016
AUDJPYÂ while below 78.18 the pair is expected lower toward 76.17-75.36 area to complete wave (X) & end the cycle from 7/15 & while the dip shows it will remain above…
USDZAR may see more downside
One of the most common structures in today's market is the double correction, or sometimes called WXY. A double correction WXY is called a double zigzag if the subdivision of…
USDCAD Short-term Elliott Wave Analysis 7.29.2016
Preferred Elliott wave count suggests that move up from 1.2828Â low is proposed to be unfolding as a triple three structure where wave ((w)) ended at 1.3139, wave ((x)) ended at…
Expanded Flat forecasting the rally in $USDCAD
Expanded Flat is a 3 wave corrective pattern which could often be seen in the market nowadays. Inner subdivision is labeled as A,B,C , with inner 3,3,5 structure. Waves A…
USDCAD Short-term Elliott Wave Analysis 7.26.2016
Preferred Elliott wave count suggests that move up from 1.2828 low is proposed to be unfolding as a triple three structure. 1.2828 where wave ((w)) ended at 1.3139, wave ((x)) ended…
$GBPAUD Short-term Elliott Wave Analysis 7.22.2016
Short term Elliottwave structure suggests rally from 7/11 low is unfolding as a double correction where wave W ended at 1.763 and wave X pullback ended at 1.731. From there, pair resumes…
$GBPAUD Short-term Elliott Wave Analysis 7.21.2016
Short term Elliottwave structure suggests rally from 7/11 low is unfolding as a double correction where wave W ended at 1.763 and wave X pullback ended at 1.731. From there, pair resumes…
Yen weakness may be temporary
Defying many market participants that anticipate a fallout after the unexpected Brexit vote, many risk assets including stock markets and Yen pairs continue to show strength after a few days of pullback. U.S. Indices prove…