Daud Bhatti
XAUAUD Mid-term Elliott Wave Analysis
Back in November 2016, we mentioned that Gold should find buyers in 1540 - 1487 area and bounce ideally to resume the rally for new highs or in 3 waves…
Nifty-NSE: Next Warning area for bulls
In June 2015, we mentioned that Nifty-NSE from India was in a warning area for the bulls and a larger correction was expected to take place. Over the next 12…
HG#F (Copper) Elliott Wave View: Extension lower
HG#F (Copper) is showing 5 swings incomplete sequence from 2/13/2017 high, preferred Elliott wave view suggests rally to 2.619 completed 6th swing as a FLAT in wave (B) and metal…
NZDUSD Elliott Wave View: Bearish against 0.7090
NZDUSD has been trading sideways for the last few days. In our previous blog, we mentioned that decline from 2.6.2017 peak was in 5 swings and hence pair had an incomplete…
NZDUSD Incomplete Elliott Wave Sequence
NZD USD is showing 5 swings down from 2/6/2017 (0.7375) which means it's an incomplete Elliott wave sequence and calls for another swing lower to complete 7 swings down from 2/6/2017 (0.7375)…
Elliott Wave Theory: Is Elliott’s Theory enough?
Understanding Elliott Wave Theory As many traders know, The Elliott wave Theory is a form of technical analysis that finance traders use to analyze financial market cycles and forecast market…
EURNZD Double Three Elliott Wave Structure
EURNZD rally this week failed as pair found sellers in 1.5355 - 1.5399 area and made new lows below 1.5149 low. With the new low seen today, pair is now…
NG #F (Natural Gas) rally is not over yet
NG #F (Natural Gas) has been rallying since forming a low on 2/22 (2.523). Rally is unfolding as a WXY or double three Elliott Wave Structure where wave W completed at…
USDCHF Intraday Elliott Wave View
USDCHF decline from 3/7 (1.0170) high to 3/22 (0.9879) low could be viewed as a 5 swing move that we have labelled as Elliott wave ((a)). Bounce to 0.9960 was a…
