NZDUSD has been moving higher against USD for the last few days. Yesterday (11 June 2014), pair made a spike lower followed by a sharp move to the upside and then we heard people saying it was due to the rate decision from the Bank of New Zealand (and we still don’t know what they […]

Using Elliott Wave Theory, we knew that drop from 1.3968 had a corrective structure and Elliott wave analysis on higher time frames was suggesting that pair was poised to make new highs.  Therefore, we forecasted that drop from 1.3968 will provide another buying opportunity. Let’s take a look at some charts from members area to […]

Since April 2/2014 we were expecting a bounce after the dip. Take a look at some charts from members area below and see how we forecasted Elliott wave structure in NZDUSD pair.   NZDUSD April 2/2014 (Asia Update)   NZDUSD April 3/2014 (New York Update)   NZDUSD April 4/2014 (London Update)   NZDUSD April 5/2014 […]

The Equal Legs is a term used in the technical analysis to indicate that the magnitude of a movement is equal to another movement joined by a correction. It is represented as follows:     Where the magnitude of the swing A is equal in magnitude to the swing C (A = C) and B is the correction. This method is widely used in Elliott Waves identifying targets or […]

We been calling for more downside on HG (Copper) since February 21/2014. It’s been moving perfectly according to our forecast. Just take a look at this series of charts from members area

In the Chartism you could find out triangles any where using two trendlines to fix the geometric form. But there are certain triangles that are not so important by type but location and these are displayed on a wave 4 of a Elliott wave impulse. If you have a well structured impulsive count and after […]