Daud Bhatti

By Daud Bhatti    October 2, 2013    - 1 min read

$USDJPY (10.2.2013)

Break of 97.44 suggests wave ( 4 ) is not over yet. Expect a test of 96.92 as the next level to look for longs in the pair. We don’t…

By Daud Bhatti    October 1, 2013    - 1 min read

$Gold breaks lower

Gold faces a perfect rejection at 1351 (equal legs) as forecased in this 1 hour Elliott wave analysis presented to members on September 28 2013. Let's take a look at…

By Daud Bhatti    October 1, 2013    - 1 min read

$GC_F (Gold) Short-term forecast (10.1.2013)

Break below 1306 confirms wave (( b )) has completed @ 1351. While below 1312 – 1322 expect 2 more lows to complete a 5 wave decline from 1351 peak.…

By Daud Bhatti    September 30, 2013    - 1 min read

$AUDUSD drops to equal legs

Let's take a look at Elliott Wave analysis in 1 hour time frame from members area which shows AUDUSD  dropping to equal legs and then a bounce as expected.  …

By Daud Bhatti    September 30, 2013    - 1 min read

IBEX (Spain 35) 9.30.2013

Wave A high is in place. While below 9301, expect more downside ideally toward 8788 which will offer a buying opportunity in the Index. Hourly cycles are positive and hence…

By Daud Bhatti    September 27, 2013    - 1 min read

$GC_F (Gold) 9.27.2013

Recent price action suggests wave B has completed as a FLAT @ 1376.  Wave (( a )) was a 5 wave move and while above 1318.40, expect a test of…

By Daud Bhatti    September 26, 2013    - 1 min read

$CL_F (9.26.2013)

Oil is trading around equal legs and a recovery in wave ( B ) is expected pretty soon toward 107.20 (50 fib) – 109.38 (61.8 fib) area in the wave…

By Daud Bhatti    September 25, 2013    - 1 min read

$XAU/USD (Gold) 9.25.2013

Recent price action suggests wave B has completed as a FLAT @ 1376. Wave (( a )) was a 5 wave move so while above 1306, expect another push higher…

By Daud Bhatti    September 24, 2013    - 1 min read

$GC_F (Gold) 9.24.2013

Recent price action suggests wave B has completed as a FLAT @ 1376. Wave (( a )) of C is thought to be complete now we expect a 3 wave…