Daud Bhatti

By Daud Bhatti    March 19, 2014    - 1 min read

$EURGBP: Elliott Wave Analysis

EURGBP is close to ending a cycle on 1 hour time frame. Short-term pair is consolidating in a triangle which is valid as far as price stays above 0.8327 low.…

By Daud Bhatti    March 18, 2014    - 1 min read

$EURGBP 1 Hour Elliott Wave Analysis (updated)

Preferred view is that a mid-term low has formed @ 0.8153 and completed wave (( B )) on the daily time frame. Pair is in wave ( v ) of…

By Daud Bhatti    March 17, 2014    - 1 min read

$EURGBP 1 Hour Elliott Wave Analysis

Preferred view is that a mid-term low has formed @ 0.8153 and completed wave (( B )) on the daily time frame. Short-term consolidation is taking the form of a…

By Daud Bhatti    March 15, 2014    - 1 min read

Elliott Wave Expanded Flat correction: Identification & Trading Strategies

The Expanded Flat correction is a common corrective structure seen in: Wave 2 and Wave 4 of a Motive Wave The connector wave in a Zig Zag pattern Any part…

By Daud Bhatti    March 12, 2014    - 1 min read

$TNX (US 10 year yields) 1 Hour Elliott Wave Analysis

Preferred view now is that 10 year yields have completed wave ( B ) at 2.82% and have resumed the decline. Bounces should now prove corrective and as far as…

By Daud Bhatti    March 10, 2014    - 1 min read

$EURGBP 1 Hour Elliott Wave Analysis Mar.10.2014

Preferred view is that wave (( B )) low is in place at  0.8153 and pair has turned higher as expected. Short-term, expect a test of 0.8380 – 0.8398 region…

By Daud Bhatti    March 7, 2014    - 1 min read

$USDCHF holds 0.8931 for new lows

USDCHF is showing an 11 swing structure down from 0.9157 January high when 0.8931 was 2nd wave (( x )). As far as price stays below this level or pivot…

By Daud Bhatti    March 5, 2014    - 1 min read

$USDCAD looking for 7th swing lower

Pair is showing 5 swings down from 1.1195 peak which is not a diagonal and hence the structure / swing sequence is incomplete. We believe 6th swing is in place…

By Daud Bhatti    March 4, 2014    - 1 min read

$USDCAD in a double corrective structure

USDCAD is showing 5 swings down from 1.1195 peak with no RSI divergence which means sequence is incomplete. Therefore, we look for another low ideally to 1.1000 to complete 7…