Preferred Elliottwave view suggests dip to 101.21 completed a corrective cycle from 102.79 peak. We have seen a 7 swing move higher from 101.21 – 102.26 which we believe completed wave A. Wave B pull back is in progress and can test 101.61 – 101.74 area before pair turns higher in wave C. There is some […]

The preferred Elliott Wave view is that the move up from 8915 low is taking the form of triple corrective structure when wave Y ended @ 10050 and 2nd wave X is also thought to be  in place @ 9749.  As this level holds, we like more upside in the Index toward 10155 – 10216 region. […]

For the whole month of May we been telling our members to SELL the rallies for USDCAD as that is what our preferred Elliott Wave Analysis was calling for. When June came along our view did not change. We continued telling our members to only look to sell USDCAD based on the idea of Elliottwave […]

Preferred Elliottwave view suggests drop from 0.8130 to 0.7956 was a WXY structure and complete wave A. Wave B is also taking the form of a 7 swing or WXY structure when rally to 0.8025 completed wave (( w )) , dip to 0.7965 completed wave (( x )) and wave (( y )) is now […]