In this interview by Dale Pinkert at July 13 2015, our senior technical analyst Hendra Lau explained how $AUDJPY should see more downside move due to the Elliottwavestructure is showing a 5 swing sequence from 11/2014 peak. Hendra also uses $EURCAD long term chart to argue how forex market is trading in a corrective structure (3 waves) […]

Gold (XAU) topped out on the May 18/2015 high and since then it has reversed and been moving to the down side. We, at Elliottwave-Forecast, strive to keep our members on the right side of the markets and we encourage members to enter trades at precise selling/buying areas. Take a look at the charts below […]

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In this interview video by Dale Pinkert at May 16, 2015, our chief currency strategist and founder Eric Morera explained how he believed $EURUSD is not as bearish the consensus from other analysts, banks, and social media. Despite the popular bearish sentiment and belief that $EURUSD is going to go below parity at the time […]

Since 2011 AUDUSD is on a corrective WXYZ Elliott Wave structure on the weekly chart. On the bigger time frames (Weekly, Daily and 4h) AUDUSD has been moving on a clear down trend. So to enter a trade you must ask yourself, which side would you trade this pair. Would you BUY or SELL it? […]