One of the most popular consensus in 2017 among the analysts is a stronger U.S. Dollar due to the Fed in rate hiking cycle and also Donald Trump promising infrastructure spending, tax reform, which are all supposedly US Dollar positive. At Elliottwave Forecast, we listen to the market through our technical analysis using Elliott Wave, […]

Hello fellow traders. As you may have noticed,  we were doing a lot of free educational blogs, explaining various Elliott Wave Patterns through real Market examples. Now we challenge you to Take this short test and check your Elliott Wave knowledge. Test your Elliott Wave knowledge Chart below is our Elliott Wave forecast of NZDJPY […]

5th Wave Target Area in the $USDJPY move Lower from 3/10 The $USDJPY pair from the 3/10 highs at 115.50 is showing a 5 wave impulse lower that is beginning to look mature. How to get the target area to end the wave ((v)) of A is as follows. I will reference the 3 different […]

In this technical blog we are going to take a quick look at the USD CAD Elliott wave structure from January 31 cycle (1.2967), in which the pair was expected to do a double three Elliott wave, where wave Minute wave ((w)) ended at 1.3209 & Minute wave ((x)) at 1.3006, up from there Minutte wave (w) […]

Short term Elliottwave structure of AUDCAD from 3/1 peak (1.025) looks to be showing an impulse structure with a nice 5 waves subdivision where Minuette wave (i) ended at 1.0198, Minuette wave (ii) ended at 1.0235, Minuette wave (iii) ended at 1.0115, Minuette wave (iv) ended at 1.0147, and Minuette wave (v) ended at 1.0098. We […]

Hello fellow traders. In this technical blog we’re going to take a quick look at the past Elliott Wave charts of GBPAUD published in members area of www.elliottwave-forecast.com. We’re going to explain the structure and see how we were forecasting decline. GBPAUD 4 Hour update 01.23.2017 Elliott Wave structure is showing incomplete bearish sequences in […]