This is a medium term Elliottwave Analysis video on $AUDCAD. Wave (X) bounce is likely still in progress to correct the decline from 1.0345, and more downside is likely after wave (X) bounce is complete. As more downside is still expected at a later stage, we don’t like buying the proposed wave (X) bounce. EWF currently covers […]

Best reading of the Elliottwave cycle suggests wave ((W)) ended at 1.3353. Decline from this level ended at 1.3 as wave ((X)). The rally higher from 1.3 unfolded as a double three structure ((w))-((x))-((y)) where wave ((w)) ended at 1.33, wave ((x)) ended at 1.317, and wave ((y)) of W ended at 1.341. Wave X pullback […]

Current best reading of the Elliottwave cycle suggests wave ((W)) ended at 1.3353. Decline from this level ended at 1.3 as wave ((X)). The rally higher from 1.3 is unfolding as a double three structure ((w))-((x))-((y)) where wave ((w)) ended at 1.33, wave ((x)) ended at 1.317, and wave ((y)) is in progress towards 1.338 […]

Short term Elliottwave view suggests the decline from wave ((X)) at 2.21 unfolded in a triple three structure WXYZ where wave W ended at 2.167, wave X ended at 2.193, wave Y ended at 2.151, second wave X ended at 2.17, and wave Z of (W) ended at 2.135. Wave (X) bounce is currently in progress as a double […]

Short term Elliottwave view suggests the decline from wave ((X)) at 2.21 unfolded in a triple three structure WXYZ where wave W ended at 2.167, wave X ended at 2.193, wave Y ended at 2.151, second wave X ended at 2.17, and wave Z of (W) ended at 2.135. Wave (X) bounce is currently in progress as a double […]

This is a long term Elliott Wave Analysis video analysis on Shanghai Composite Index (SHCOMP). In the medium term (few months), the index is likely going to see another leg lower towards 2000 – 2370 before a more important low can form. EWF currently covers 42 instrument ranging from forex, indices, and commodities in 4 different time […]