GBPCAD Technical Analysis October 2/2019 GBPCAD : Possible bearish patterns are visible on the 4 hour chart. The orange bearish pattern still needs to make a push higher to complete point D at the BC 0.50% Fib. retracement level. At the moment traders need to wait for price to reach the the BC 0.50% Fib. […]

NZDCAD Technical Analysis September 24/2019 NZDCAD : A possible bearish pattern is visible on the 1 hour chart. The green bearish pattern still needs to make a push higher to complete point D at the BC 0.50% Fib. retracement level. At the moment traders need to wait for price to reach the the BC 0.50% […]

GBPUSD Technical Analysis Using Elliott Waves to forecast the markets can allow a trader to decide which side to trade. Tracking GBPUSD at the start of the trading week (September 8/2019 – September 13/2019) we saw that there was a possible wave count that was calling the pair to trade higher. Before the start of […]

GBPCAD Technical Analysis Before the start of the trading week (September 8/2019 – September 13/2019), we at Elliottwave-Forecast advised our clients/members that GBPCAD still had another possible move higher. From our members only area,  the chart below shows that we were calling for wave ((b)) to terminate which should then be followed by a move […]

AUDUSD Technical Analysis AUDUSD: On June 10/2019 I posted on Twitter @AidanFX a possible bearish market pattern. On the Daily chart AUDUSD has been trending lower since 2018 so it would only make sense to follow the trend and continue to look for possible selling opportunities. The chart below shows the possible reversal zone where […]

EURUSD Technical Analysis August 18/2019 In January of 2019 I published the EURUSD SELL breakout trade setup (EURUSD: Will Pair Break Lower) explaining that bearish market patterns were clearly visible and was calling for a move lower towards 1st Target at 1.1060. EURUSD Daily Chart 1.23.2019 Fast forward to August 2019. In the chart below […]