*Forecast has been invalidated* EURUSD is at the moment in a bearish trend making lower lows and lower highs on the daily chart. But there are three bullish patterns that could stop this trend and possibly reverse EURUSD to move higher. All three bullish patterns trigger BUYS in the 1.0660 – 1.0560 zone. We have […]

*Forecast has been invalidated* Since April 22/2016 CADCHF seems to be in a Elliott Wave corrective pattern. A 7 swing WXY Elliott Wave pattern can be seen and we at EWF always encourage to buy or sell corrections on the swings 3, 7, 11. CADCHF made a bounce on the 7th swing September 27/2016 and […]

On October 13/2016, during our London update, we advised our members that EURAUD did a 3 swing correction pullback on the 1 hour chart and the pair can now continue lower. In the chart below, EURAUD saw rejection at the 0.50% Fibonacci retracement level and we clearly see a reaction from this Fib. level. Before entering […]

Since June 9/2016, Oil was correcting lower and we advised our members on August 1/2016 that the Elliott Wave cycle lower can be coming to an end and to start looking for BUY positions in the inflection zone (Blue box). Below are the charts that our members had access to which clearly shows that we expected […]

*Forecast has been invalidated / Bullish view has been invalidated* It is possible that EURUSD can produce a bounce from the 1.1200 – 1.1180 area and target the 1.1400 level. EURUSD needs to stay above the 1.1122 September 21/2016 low for this blue bullish pattern to stay valid. Any buying stops should be placed at […]

*Forecast has been invalidated / Bearish pattern has been invalidated* Traders need to have patience and wait for USDJPY to make a pullback towards the BC 0.50% Fib. level to start looking for selling opportunities. Should expect sellers waiting at the 101.70 – 102.10 area to push USDJPY lower. Blue bearish pattern invalidates if price […]