Decline from wave ((X)) at 8653.13 ended at 7667 as wave (W). From this level, wave (X) bounce unfolded as a double corrective structure WXY, where wave W ended at 7907.4, wave X ended at 7777.1, and wave Y of (X) ended at 8092.66. The index has since resumed lower, and short term, wave ((w)) is expected to complete at 7662.68 […]

Decline from wave ((X)) at 8653.13 ended at 7667 as wave (W). From this level, wave (X) bounce is in progress as a double corrective structure WXY. Wave W ended at 8091.8, and wave X pullback is in progress towards 7869.8 – 7901.75, then it should turn one more leg higher in wave Y towards 8160.3 – 8421.45 […]

Short term Elliott Wave view suggests the decline from wave (X) at 15.65 took the form of a double corrective structure (w)-(x)-(y) where wave (w) ended at 14.59, wave (x) ended at 15.15, and wave (y) of ((w)) ended at 13.96. Wave ((x)) bounce is currently in progress and can reach as high as 14.8 – […]

Rally to 49.5 ended wave 4. From this level, the internal of wave 5 of (3) lower is unfolding in 5 waves where wave ((i)) ended at 45.08, wave ((ii)) ended at 46.71, wave ((iii)) ended at 37.75, wave ((iv)) is proposed complete at 39.89 and oil has resumed lower in wave ((v)) of (3) towards 36.22 […]

Rally to 49.5 ended wave 4. From this level, the internal of wave 5 of (3) lower is unfolding in 5 waves where wave ((i)) ended at 45.08, wave ((ii)) ended at 46.71, wave ((iii)) ended at 37.75, wave ((iv)) is proposed complete at 39.89 and oil has resumed lower in wave ((v)) of (3) towards 36.22 […]

This is a medium term Elliott Wave Analysis video update on $AUD/CAD. After being sideways for months, the pair is showing an encouraging sign yesterday by making a new low. Wait to see 0.94 support to fail for a possible move to the downside. We currently cover 42 instrument ranging from forex, indices, and commodities in 4 different time frames. Welcome […]