GBPJPY Technical Analysis January 19/2017 GBPJPY 4 Hour Bullish Pattern : In the chart below a Bullish Pattern (Red) buy signal has already been triggered at the BC 0.50% Fib. level and price has since bounced higher. We are expecting for the pair to continue higher and break above the descending trend line signalling that a […]

*Forecast invalidated / Patterns invalidated* 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 […]

*Forecast invalidated / Patterns invalidated* 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 […]

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 as the pair stays above 83.71 we can expect it to extend higher. AUDJPY […]

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 […]

*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 […]