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Copper Short Term Elliott Wave Analysis 9.9.2015
Read MoreRally from wave (W) low at 2.209 is unfolding in double corrective structure WXY where wave W ended at 2.418, wave X ended at 2.3053, and wave Y of (X) is in progress towards 2.516 – 2.64 area before turning lower at least in 3 waves. Short term, wave ((w)) can extend to 2.484 – […]
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AUDJPY Short Term Elliott Wave Analysis 9.8.2015
Read MoreDecline from wave ((X)) at 87.33 is unfolding as a double correction ((w))-((x))-((y)) where wave ((w)) ended at 83.61, wave ((x)) ended at 85.11, and wave ((y)) of W is in progress towards 80.55 – 81.43 before a larger bounce in wave X and then lower again. Near term, wave (x) bounce is in progress […]
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$AUDJPY:EWF forecasting the decline and selling the rallies
Read MoreDuring the summer of 2015. EWF members knew that AUDJPY was in bearish cycle from the 97.255 high, that was looking for further decline toward our target area : 83.814-80.642. AUDJPY has had one of the clearest structures during that period. Let’s take a quick look at Elliott Wave charts from the 27.July 2015. to […]
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Nifty Short Term Elliott Wave Update 9.3.2015
Read MoreDecline from wave ((X)) at 8653.13 ended at 7667 as wave (W). From this level, wave (X) bounce unfolded as a double corrective structure WXY, where wave W ended at 7907.4, wave X ended at 7777.1, and wave Y of (X) ended at 8092.66. From this level, wave ((w)) is proposed complete at 7699.25, and wave ((x)) is in progress towards 7896.01 […]