In this technical blog we’re going to take a quick look at the past Elliott Wave charts of GBPCAD published in members area of the website. As our members know GBPCAD has ended the cycle from the 1.84172 peak on May 30th. Proposed cycle has ended as 5 waves structure while recovery against the mentioned […]

Hello Traders, In this blog, I want to share with you our recent Elliott Wave charts of EURAUD which we presented to our members. Below, you see the 1-hour updated chart presented to our clients on the 07/26/18 suggesting that EURAUD ended the correction from 07/20 peak in red wave 2. EURAUD ended the cycle from 07/19 low […]

Bitcoin Ticker symbol: $BTCUSD short-term Elliott wave analysis suggests that the decline to $6072 low ended Minor wave 2 pullback. The internals of that pullback unfolded as Elliott wave Flat correction where Minute wave ((a)) ended in 3 swing at $6445.31 low. Minute wave ((b)) bounce ended in 3 swing at $6820 high and Minute […]

In an interview with CNBC last Thursday, President Trump indicated that he is not thrilled about interest rate hikes. He went on to say that he did not agree with the Fed’s decision to keep raising the rate. Trump argued that the higher rate puts the U.S. at a disadvantage compared to the European Union […]

USDJPY short-term Elliott Wave analysis suggests that the pullback to 110.28 low ended Minute wave ((ii)) pullback. The internals of that pullback unfolded as Elliott wave Flat structure where Minutte wave (a) ended at 110.77. Up from there, bounce to 111.11 ended Minutte wave (b), and Minutte wave (c) of ((ii)) ended in 5 waves at 110.28 low. […]

Hello Fellow Traders. Another instruments we have traded lately is EURJPY. As our members know, EURJPY has been correcting the cycle from the June 2016 low ( 109.187).  We knew that price will find buyers as soon as it reaches extremes per Elliott Wave hedging strategy.  We recommended members to wait for extremes to be […]