Short term Elliottwave structure suggests wave C rally from 2/10 low is unfolding as 5 waves where wave ((i)) ended at 5047.1, wave ((ii)) ended at 4905.5, wave ((iii)) ended at 5245, and wave ((iv)) ended at 5146.4. Near term, wave (ii) of ((v)) is expected to complete at 5175.8 – 5194.4 area, then as far as […]

Short term Elliottwave structure suggests cycle from 2/29 low ended with wave ((w)) at 0.682. Wave ((x)) pullback is unfolding as a FLAT where wave (a) ended at 0.6712, wave (b) ended at 0.6809, and wave (c) of ((x)) is proposed complete at 0.6616. While pullback stays above 0.6616, pair is expected to extend higher. At EWF we offer […]

Short term Elliottwave structure suggests cycle from 2/29 low ended with wave ((w)) at 0.682. Wave ((x)) pullback is unfolding as a FLAT where wave (a) ended at 0.6712, wave (b) ended at 0.6809, and wave (c) of ((x)) is expected to complete at 0.66 – 0.664 area. As far as pivot at 0.6561 remains intact, pair is […]

After being shunned by investors for more than 5 years, gold has made an impressive start in 2016. As of Feb 29, gold registered 16.7% return, which is considerably above other asset classes. Below is the performance comparison between different asset classes as of Feb 29, 2016. There are several factors which contribute to the […]

Short term Elliottwave structure suggests cycle from 2/29 low ended with wave ((w)) at 0.682. Wave ((x)) pullback is proposed to be unfolding as a triangle where wave (a) is expected to complete at 0.6689 – 0.6707 area, then it should turn higher in wave (b) and continue triangle consolidation. Once wave ((x)) triangle is complete, […]

This is a short term Elliottwave Analysis video on $NZDUSD. Pair is looking to correct rally from 0.6561 in 3, 7, or 11 swing. First 3 swing equal leg area is 0.669 – 0.6738 where buyers can come either for a new high or at least 3 waves bounce. Regardless the structure of the short term pullback, […]