Current preferred Elliottwave view suggests rally towards 0.8163 completed wave ((A)). Wave ((B)) decline from 0.8163 is unfolding in the form of a double correction (W)-(X)-(Y) where wave (W) ended at 0.7857, wave (X) ended at 0.7931,  and wave (Y) is in progress towards 0.7554 – 0.7627 equal leg area. If the pair makes equal leg from […]

Decline to 19054 completed wave ((X)), and the Index has since resumed the rally in the form of a triple correction (W)-(X)-(Y)-(X)-(Z) where wave (W) ended at 19865, wave (X) ended at 19495, wave (Y) ended at 20590, second wave (X) ended at 20318, and wave (Z) is currently in progress towards 20963 – 21999. Wave (Z) rally from 20318 ended the […]

Below are weekly and daily Elliott Wave analysis on $AUD/CAD, a pair that is not part of the 42 instrument currently covered by EWF, but the same Elliott Wave Principle and technique will be applied to analyze the pair. The same analysis is also available in written format at our technical blog. After watching the videos below, if you are interested to learn […]

Preferred Elliott Wave view suggests GBPAUD pair is working on a FLAT structure since March lows. Decline to 1.8977 completed wave B. Rally from this level has been choppy and overlapping giving rise to the possibility of a diagonal structure which should complete a higher degree wave ((W)) as a FLAT. Wave 1 of C ended at 1.9768, […]