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GBPUSD Ending an Elliott Wave Cycle 7.16.2014
Read MoreGBPUSD made a strong push higher after a double correction lower from 1.7177 high. While above 1.7055 low, pair is expected to make another push higher toward 1.7228 (equal legs up from March low) to complete a cycle and then it should pull back in 3 waves. Last push higher in the pair is expected […]
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$GBPCHF 1 Hour Elliott Wave Analysis 7.15.2014
Read MoreGBPCHF preferred Elliott wave structure shows pair to be in a 7 swing structure up from 6.5.2014 (1.4972) low. We believe pair has completed 6th swing i.e. wave (( x )) at 1.5210 and now we expect buyers to appear and rally to resume in 7th swing toward 1.5443 – 1.5464 area to end a cycle from 1.4972 […]
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GOLD – XAUUSD – A Technical Look at Elliot Wave
Read MoreHere is a quick blog from our Live Trading Room host, Dan Hussey. Take a look at how to manage your risk by using inflection zones and Elliot Wave to your advantage. The Live Trading Room is held daily from 11:30 AM EST until 1:30 PM EST, join Dan there for more insight into these […]
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A look at the Gold move up from 1240 low
Read MoreGold has been steadily moving higher since forming a low at 1240. Let’s take a look at some charts from members area to see how we called this move. As you can see on H4 chart below , preferred Elliott wave view was calling for pull back which was supposed to correct cycle from 1240.3 low toward […]