In this technical blog we’re going to take a look at the Elliott Wave charts charts of GBPJPY published in members area of the website. Recently the pair corrected the cycle from the 139.7 peak , when recovery unfolded as Irregular Elliott Wave Flat structure. These kinds of movements are Traps for traders as the […]

In this blog, we are going to take a look at the Elliott Wave chart of Natural Gas (NG_F). In the previous article from May 13, 2020, we showed how Natural Gas reached the blue box area and turned lower from there.  The 4 hour chart update below from May 14 shows that the commodity has […]

Gold market continues to extend higher with uncertainties in pandemic and ultra-loose monetary policy by central banks. It has printed a 7 year high of $1779 and shows no sign of stopping. It has broken to new-all time high against many other major currencies, such as Euro, Pound Sterling, and Yen. Gold stocks should benefit […]

In this blog, we are going to take a look at the Elliott Wave chart of EURGBP. The 1 hour London chart update from June 25, 2020 shows that the pair has ended the cycle from June 9 low in wave 1 at 0.9078 high. The rally unfolded as 5 waves impulse Elliott Wave Structure. […]