Daud Bhatti
$USDCAD working on a 7 swing structure
Let's take a look at USDCAD price action from 1.1225 (1.31.2014). Drop from 1.1225 - 1.0968 was a corrective decline and has been sub-divided in 3 larger 3 swings labelled…
$GC_F (Gold) 1 Hour Elliott Wave update
Gold has been trading higher for the last few days as we have been expecting. We view the consolidation between 1.19.2014 (1262) - 2.7.2014 (1254) to be a bullish running…
$CL_F: 1 Hour Elliott Wave Analysis
Rally from 95.21 - 101.38 was in 5 swings as the chart shows with lack of momentum between the peaks at 100.46 and 101.38. Â 5 swing rally keeps Oil bullish…
$HG_F (Copper) 1 Hour Elliott Wave Update
Preferred view suggests Copper has complete the triangle thrust which also completed the cycle from 3.425 peak (1.2.2014). We have labelled the decline from 3.425 – 3.175 as wave A…
$XAU/USD (Gold) 1 Hour Elliott Wave update
We like the idea of Gold trading higher in a triple three corrective structure.  Short-term expect a test of  1299 area to complete wave (( w )) of Z. After…
$HG_F (Copper) More downside after wave B
Preferred view suggests Copper has complete the triangle thrust which also completed the cycle from 3.425 peak (1.2.2014). We have labelled the decline from 3.425 - 3.175 as wave A…
$NZDUSD: Wave B nearing completion
Pair has broken 0.8078 low and we believe wave A completed at 0.8059. Wave B is in progress as FLAT and can get rejected between 0.8202 – 0.8245  area for…
$TNX (US 10 year yields) showing 7 swings down
Preferred view suggests a cycle from 7.25.2012 has ended and 10 year yields are correcting the entire cycle now. Another swing lower to 2.56% could  still be seen to complete…
$HG_F (Copper) Triangle thrust looks completed
Preferred view suggests metal has thrust lower from the triangle and wave B appears to have completed with a test of 3.223. Metal is now expected to turn higher. In…
