Elliott Wave FLAT structure is one of the most common corrective patterns nowadays, after Double Three WXY. As you might already know, there are 3 types of Flats: Regular,Running and Expanded. In todays lesson, we’re going to explain Expanded flat pattern. Before we continue, short reminder: check out New EWF blogs and Free Elliott Wave charts. […]

We have 2 important news events for British Pound on Wednesday 12.16.2015 -Average Earnings Index at 9:30 AM GMT (UK Time) -Claimant Count Change at 9:30 AM GMT (UK Time) Both news events could bring some volatility into GBP pairs on Wednesday morning, however $GBPUSD will be more affected by the $USDX reaction on the FOMC events at evening […]

We have 2 important news events for Canadian Dollar tomorrow on 12/08 2015 : -Building Permits  at 1:30 PM GMT(UK  Time) / 8:30 AM EST -Bank Of Canada Governor Stephen Poloz Speaks at 5:50 PM GMT(UK Time)/ 12:30 PM EST Both news events should ideally bring some volatility into CAD pairs, so they could finally complete current cycles. […]

Services PMI December 3 at 9:30 AM GMT/ UK  Time PMI (Purchasing Managers’ Index ) is one of the leading indicators of economic health and this announcment could bring some volatility in the GBP pairs on Thursday. Many retail traders will be looking the announcment at 9:30 AM GMT/ UK  Time. As we know so […]

In this blog we’re going to take a qucik look at the $OIL Elliott Wave chart from the 11.10.2015 to explain the structure and our view. We were forecasting the decline in $OIL from marked 50-76.4 fib ret zone: 44.37-77.78 toward h4 equal legs (W)-(X) :  40.13 area $OIL 11.10.2015 London As we can see […]

Here in Elliott Wave Forecast, we don’t pay attention to the news and we believe that Fundamentals are used to justify the moves that have happened already. As EWF members already know, our forecasts are pure technicals, based on Elliott Wave theory, Cycles, Fibonacci levels,Market Correlations and proprietary Pivot system. Last week during the 11.05 […]