A lot has been said and written about both the Democrat and Republican economic plans for a better economy. We believe in free enterprise and limited regulation, allowing humans to create and expand at their own will for the better but there is a vast difference between the two parties regarding the economic agenda. Most […]
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USDCAD Short Term Elliott Wave Analysis 9.24.2015
Read MoreCurrent 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 […]
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GBPAUD Short Term Elliott Wave Update 9.23.2015
Read MoreShort 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 […]
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GBPAUD Short Term Elliott Wave Update 9.22.2015
Read MoreShort 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 […]
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Pre-FOMC Market Analysis using GBPUSD swing sequence
Read MoreWe, at Elliottwave-Forecast.Com believe that market is purely technical and moves based on cycles and Elliott wave sequence of swings rather than fundamentals. We never care about the news and never let it affect our analysis, we always advise our clients to not be afraid ahead of the news events as the market makers would […]