Short term FTSE 100 ( UKX-FTSE ) Elliott Wave view suggests that Minor wave B ended on 6/30 low 7302.7 and the rally from there is unfolding as a double three Elliott wave structure where wave ((w)) ended at 7515.12 and wave ((x)) pullback ended at 7338.2. Index has reached 100% from 6/30 low so cycle is mature and Minor wave 1 […]

Short term FTSE 100 ( UKX-FTSE ) Elliott Wave view suggests that Minor wave B ended on 6/30 low 7302.7 and the rally from there is unfolding as a double three Elliott wave structure. Index has made a new high above Minute wave ((w)) peak 7515.1 and it’s now showing incomplete 5 swings bullish sequence from 6/30 low. As far as […]

GBPUSD Trade Video Clip from July 20th Live Trading Room Below is a video clip of GBPUSD trade that we took from July 20th Live Trading Room Below is the trading journal line for the trade   GBPUSD 4 Hour Elliott Wave Chart on July 20th GBPUSD is showing bullish 5 swing Elliott Wave sequence in […]

Short term USDCAD Elliott Wave view suggests the decline to 1.2411 ended Intermediate wave (3) of an Elliott Wave impulse structure from 6/2 peak. Intermediate wave (4) bounce is in progress as a flat Elliott wave structure where Minor wave A ended at 1.2576 and Minor wave B ended at 1.2416. Minor wave C is subdivided as an impulse Elliott Wave structure. Up from 1.2416 […]

Short term USDCAD Elliott Wave view suggests the decline to 1.2411 ended Intermediate wave (3) of an Elliott Wave impulse structure from 6/2 peak. Intermediate wave (4) bounce is in progress as a double three Elliott wave structure where Minor wave W ended at 1.2576 and Minor wave X ended at 1.2416. Minor wave Y is subdivided also […]

The USD Index has dipped over 9% this year. The weakness in US Dollar has been broad-based and consistent against all major currencies. The Dollar Index closed fifth straight month in losses , something which hasn’t happened since 2011. The USD weakness started with the Euro early this year then continues to widen to other currencies. […]