Let’s take a look at Elliott Wave analysis in 1 hour time frame from members area which shows AUDUSD  dropping to equal legs and then a bounce as expected.   Before   After   If you would like to receive frequent , timely updates, stay on top of changes in short-term wave structure and be […]

Wave A high is in place. While below 9301, expect more downside ideally toward 8788 which will offer a buying opportunity in the Index. Hourly cycles are positive and hence we don’t like selling the pair Index. Strategy remains to buy the dips in 3, 7 and 11 swings. If you would like to receive […]

Recent price action suggests wave B has completed as a FLAT @ 1376.  Wave (( a )) was a 5 wave move and while above 1318.40, expect a test of 1351 – 1358 to complete wave (( b )) before metal turns lower again. Hourly cycles remain negative and hence we don’t like buying the […]

Oil is trading around equal legs and a recovery in wave ( B ) is expected pretty soon toward 107.20 (50 fib) – 109.38 (61.8 fib) area in the wave ( B ) before Oil turns lower again. Hourly cycles are still negative but above 103.99 will confirm wave ( A ) low is in […]