GBPAUD Technical Analysis October 12/2019 GBPAUD : Possible bearish patterns are visible on the 4 hour chart. Pink bearish pattern triggers SELLS at the point D XA 0.886% Fib. retracement level and the green bearish pattern triggers SELLS at the point D XA 1.618% Fib. retracement level. Traders need to wait and see if price […]

XAUUSD Technical Analysis October 12/2019 XAUUSD : Possible bullish patterns are visible on the 4 hour chart. Blue bullish AB=CD pattern already triggered BUYS at the point D AB=CD level on October 1/2019. Price has since bounced higher from this level and is now currently in a correction lower and which can possibly bounce higher […]

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 […]