This is a medium term Elliottwave Analysis video on $AUDCAD. Wave (X) bounce is likely still in progress to correct the decline from 1.0345, and more downside is likely after wave (X) bounce is complete. As more downside is still expected at a later stage, we don’t like buying the proposed wave (X) bounce. EWF currently covers […]

At the beginning of September our Elliott Wave analysis of GOLD (XAU/USD) suggested that we were still in bearish cycle from the 1169.9 high. The price was about to complete (X) recovery and were expecting more downside toward new lows below the 1117.47 level. First target came at 0.618-0.764 (W)-(X) at 1114.8-1107.05. Let’s take a […]

Technical trade vs Fundamental trade A huge debate is which type of trading to follow, many Market participants always find themselves between the dilemmas of which way to follow. Like everything in life, a person needs to have a criteria in order to make a decision and being consistent in the criteria is what makes better […]

At EWF we are not just a market forecasting service, we also try to guide our clients to trade on the right side of the markets. And if our 24 hour chatroom, technical and trade setup videos, live analysis sessions, live trading room, educational videos and market reports are not enough enough, we also added Green Boxes(Buy […]