Short Term Elliott Wave View on EURUSD suggests that pair is currently in Primary wave ((2)) rally to correct cycle from Sept 24 high (1.1815) before the decline resumes. Internal of Primary wave ((2)) is unfolding as a Flat Elliott Wave structure where Intermediate wave (A) ended at 1.15 and Intermediate wave (B) ended at […]

Hello fellow traders.  Another instrument that we have been trading lately is EURGBP . In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURGBP , published in members area of the website.  As our members know, EURGBP has incomplete bearish sequences in the cycle from the 08/28 […]

EURUSD has broken below Nov 1 low (1.13) and now the pair shows a 5 swing bearish sequence from Sept 24 high (1.1815), favoring further downside. Short term Elliott Wave view suggests that the move higher to 1.15 ended wave ((2)) in Primary degree. Internal of wave ((2)) unfolded as a double three Elliott Wave […]

Short Term Elliott wave view in GBPJPY suggests that the decline to 142.77 ended wave (2) in Intermediate degree. Up from there, the pair rallies as an impulse and ended Minor wave A at 149.49. Minor wave B pullback is currently in progress to correct cycle from Oct 26 low (142.77) before the next leg […]

In this technical blog we’re going to take a quick look at the past Elliott Wave charts of EURGBP published in members area of the website. We’ll explain the Forecast and the Price Structure. As our members know EURGBP has ended April 2018 cycle at the 0.90976 peak.  We were calling for pottential turn lower […]

There’s no question the most important risk event and near term key driver for Poundsterling remains to be Brexit. This month may shape up to be an important week for Poundsterling as Prime Minister Theresa May’s Cabinet discusses about it throughout the month of November. The Sunday Times reports last weekend that Mrs. May has […]