A cycle from 109.16 is over and some further strength toward 107.39  – 107.81 would be expected to complete wave ( b ) before Oil turns lower toward 102.60. Hourly cycles remain negative and hence we don’t like buying in proposed wave ( b ). Hourly trend line (110.70 – 109.16) is @ 107.80 […]

A cycle from 109.16 is coming to an end and soon a 3 wave pull back toward 107.39  – 107.81 would be expected to complete wave ( b ) before lower again. Hourly cycles remain negative and hence we don’t like buying in proposed wave ( b ). If you would like to see our […]

Elliott wave analysis of USDCHF pair from members area showing a drop to equal legs in a double corrective structure.   Before:   After:   If you would like to frequent , timely updates, stay on top of changes in short-term wave structure and be able to trade on right side of the market. sign […]

Expect a marginal new high to 0.8254 to complete wave ( 3 ) before the next wave ( 4 ) pull back which should be viewed as a buying opportunity. Hourly cycles are positive and hence we don’t like selling the pair into wave ( 4 ) pull back. If you would like to see […]

Pair failed to make new highs above 0.8454 to get into a FLAT correction and prolonged sideways consolidation is favouring the idea of wave (( b )) triangle which completed @ 0.8420 and pair is now thrusting lower. While below 0.8420, expect lower prices ahead. If you would like to see our mid-term view in […]

Pair is in a 5 wave decline from 1.5033 peak Wave (( iv )) appears to have completed as a FLAT and a swing lower is now expected to complete wave (( v )). In case of new highs above 1.4402, wave ( c ) of (( iv )) can take the form of an […]