Daud Bhatti

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 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…

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)…

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 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) 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 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…

JPY (USDJPY) made a new high above last Friday's peak and now seems to be pulling back. Move up from 113.53 ((x)) low could be viewed as a 5 swing…

EURUSD Elliott Wave Sequence from 2/2 peak doesn't support the idea of 5 wave impulse or even a series of 1,2's. Decline from 2/2/2017 high to 2/15/2017 low was a 7…