Short Term Elliott wave view in GBPUSD suggests the decline from June 7 high is unfolding as an impulse Elliott Wave structure. Down from 1.276, wave (i) ended at 1.265 with internal as an impulse in lesser degree. Wave (ii) bounce ended at 1.276 as a zigzag Elliott Wave structure.  Pair has now reached 200% […]

Australian Dollar dropped further last week as unemployment figure came out higher than expected at 5.2%. The consensus has been for a dip to 5.1%. Australian unemployment rate has now risen 0.3% since February. The official number has raised speculation that further interest rate cut will come. RBA (Reserve Bank of Australia) has been fighting […]

Short Term Elliott wave view in Apple (AAPL) is calling the decline to 170.44 on June 4 as wave I. Wave II bounce is currently in progress to correct cycle from June 4 low as a zigzag Elliott Wave structure. Up from 170.44, Wave ((A)) of II has ended at 196.79 as a 5 waves […]

Dow Jones Futures (YM_F) shows 5 waves up from June 3 low favoring more upside. This article & video shows the short term Elliott Wave structure.

Oil shows a 5 waves up from June 5 low suggesting further upside is likely. This article and video shows the short term Elliott Wave path.

Nike (NKE) shows a 5 waves impulse from June 3 low ($76.9). While pullback stays above there, expect the stock to extend higher.