Daud Bhatti

By Daud Bhatti    September 24, 2013    - 1 min read

$USDJPY: A look at shorter and mid-term cycles

USDJPY remains in a sideways consolidation with a bullish bias. This sideways consolidation can play out in a number of different ways as far as Elliott wave patterns go but…

By Daud Bhatti    September 23, 2013    - 1 min read

$CL_F (US Oil) 9.23.2013

Preferred view suggests price action from 106.40 - 109.00 was FLAT wave (( b )) and Oil is currently trading lower in wave (( c )) toward 102.58 (equal legs)…

By Daud Bhatti    September 20, 2013    - 1 min read

$CL_F (US Oil) 9.20.2013

Oil’s bounce in  wave B has completed at 109 thus we expect prices to trade lower to complete a cycle from 112.25 high. Expect a pull back toward 107.21 –…

By Daud Bhatti    September 19, 2013    - 1 min read

$TNX: 10Y yields (9.19.2013)

Yields are trading lower in wave C of ( 4 ) and need 3 swings lower from wave B high so after a pull back expect more weakness toward 2.56%…

By Daud Bhatti    September 18, 2013    - 1 min read

$EURUSD breaks 1.3453 peak

Pair found strong support in EWF buy zone of 1.3020 - 1.3102 and has never looked back since. Most of the members were able to get good positions and some…

By Daud Bhatti    September 18, 2013    - 1 min read

$CL_F (9.18.2013)

  A cycle from 109.16 is over and some further strength toward 107.39  - 107.81 would be expected to complete wave ( b ) before Oil turns lower toward 102.60.…

By Daud Bhatti    September 17, 2013    - 1 min read

$CL_F (US Oil) 9.17.2013

A cycle from 109.16 is coming to an end and soon a 3 wave pull back toward 107.39  - 107.81 would be expected to complete wave ( b ) before…

By Daud Bhatti    September 16, 2013    - 1 min read

$USDCHF drops to equal legs

Elliott wave analysis of USDCHF pair from members area showing a drop to equal legs in a double corrective structure.   Before:   After:   If you would like to…

By Daud Bhatti    September 16, 2013    - 1 min read

$NZDUSD (9.16.2013)

Expect a marginal new high to 0.8254 to complete wave ( 3 ) before the next wave ( 4 ) pull back which should be viewed as a buying opportunity.…