AUDUSD is showing 7 swings down from 0.7914 high. Area between 0.7694 – 0.7655 is expected to complete 7 swings but our Elliott wave cycle studies and market correlation is suggesting that decline from 0.7914 high is likely to take the form of a triple three Elliott wave structure. Still we would expect to see […]

GBPAUD best reading of shorter cycles suggests pair is in a WXY (7 swing Elliott Wave structure) from 2/12 peak. Decline from 2.0028 – 1.9568 was in 3 waves which was followed by a recovery to fail below the high and a move lower again. We have labelled the move to 1.9951 high as wave […]

GBPAUD best reading of shorter cycles suggests pair is in a WXY (7 swing Elliott Wave structure) from 2/12 peak. Decline from 2.0028 – 1.9568 was in 3 waves which was followed by a recovery to fail below the high and a move lower again. We have labelled the move to 1.9951 high as wave […]

Preferred Elliott Wave suggests move up from 2/15 (118.09) low is taking the form of a (( w )) – (( x )) – (( y )) also known as a double three Elliott wave structure. 120.37 is equal legs of (( w )) – (( x )), pair is getting close to this level […]