Pair is in large degree  FLAT correction. Wave (( iv )) of C appears to have completed @ 1.4470 so expect this swing lower to end around 1.4200 – 1.4250 before turning higher. Hourly cycles are negative but mid-term cycles are positive so after a drop below 1.4335, traders should only be looking for buying […]

Pair is in FLAT wave ( 4 ) / W when wave ( 3 ) ended @ 86.33.  Wave (( iii )) of C is about to complete so expect a pull back toward 90.45 (23.6 fib) and in-extension 89.82 (38.2 fib) and the next leg higher. Price needs to stay above 89.30 for this […]

Elliott wave analysis of EURGBP pair on 480 minute time frame from members area. A sharp drop was anticipated and that’s exactly what the pair did.   Before:   After:   To find out what we are expecting next,  why not Sign up for 14 day Trial We cover 25 instruments in 4 different time frames working […]

Rally from 86.41 is taking the form of an impulse when pair is close to complete wave (( iii )) with a test of 90.35 – 90.70 area. Following completion of wave (( iii )) expect a corrective pull back (triangle, double correction or FLAT)in 3 or 7 swings and another leg higher to complete […]

Oil has completed a cycle from the highs and focus is now on 108.22 – 109.17 to complete wave (( b )) before Oil starts a new cycle to the downside. We don’t like buying Oil into proposed wave (( b)) as hourly cycles remain negative and recovery so far is corrective. Why not Sign […]

Metal has completed an hourly cycle @ 3.38 after a triangle thrust. A test of 3.21 is expected to complete a 3 wave decline from 3.388 and 7 swings down from 3.37 peak. As metal avoids aggressive weakness below 3.21, expect a 3 wave recovery which we believe would prove corrective (3 or 7 swings) […]