Short term GBPAUD Elliott wave view suggest that the rally to 1.7182 on 9/28 peak ended the intermediate wave (W). Decline from there is unfolding as an impulse Elliott Wave structure with extension.  This 5 waves move should end Minor wave A of an Elliott wave zigzag structure structure or a wave C of a FLAT correction from 9/22 peak (1.7165). In either case, after […]

Short term Elliott wave view in Nikkei suggest that the cycle from August 29.2017 low (19055) is unfolding in 5 waves pattern. However looking at the internal subdivision of each wave the bounce looks corrective in nature with upside extensions. Thus suggesting that the Nikkei cycle from August 29 low (19055) could be following a leading Diagonal […]

Hello fellow traders. In this technical blog we’re going to take a quick look at the past Elliott Wave charts of  CADJPY published in members area of www.elliottwave-forecast.com. In further text we’re going to count the swings, explain the Elliott Wave view and trading strategy. Let’s start with 4 hour update. CADJPY Elliott Wave 4 Hour […]

What is OBOR (One Belt One Road) One Belt One Road (OBOR) is an initiative originally coming from China’s president Xi Jinping in 2013. The plan is the single biggest initiative since the opening up of China to foreign investment. President Xi called it a “project of the century”. In America, globalization has lost its […]