For the last few months EWF members knew that NZDUSD has been in bearish cycle, which has given us a lot of nice selling opportunities. Suggested strategy was selling rallies in 3,7 or 11 swings. Let’s take a quick look at H1 Elliott Wave charts from the 25. May 2015 to see how we were guiding […]

Below is a video clip from our Live Session on 6.27.2015 where we talk about the strategy for $EUR/USD. Through Elliott Wave and 3-7-11 technique that we developed here at EWF, we are able to identify inflection areas, the right side of the market, and the trading strategy regardless of the news surrounding Greece and the Euro.   […]

Rally to 141.05 completed wave (W). Since our last update yesterday, there has been no material change yet. Wave Y 0f (X) pullback is still in progress towards 136.86 – 137.6. The internal of wave Y is unfolding in a double corrective structure ((w))-((x))-((y)) where wave ((w)) ended at 138.2 and wave ((x)) bounce is likely […]

Rally to 141.05 completed wave (W). Current revised short term Elliott Wave view suggests wave (X) pullback is unfolding in a double corrective structure W-X-Y. Wave W took the form of a FLAT structure A-B-C where wave A ended at 139.03, wave B ended at 141.03, and wave C of W completed at 137.94. Wave […]

Decline from wave (W) at 141.05 took the form of a FLAT A-B-C where wave A ended at 139.03, wave B ended at 141.03, and wave C of (X) completed at 137.94. From 137.94, the pair rallied in the form of a double corrective structure where wave ((w)) ended at 140.66, wave ((x)) ended at 138.92, […]

Below is a recap of our call and forecast for $GBP/USD from our Chart of The Day post from 6/17/2015 – 6/19/2015. Last week, nothing much changed with the pair as it’s still in progress of completing wave (W) high. You can click the underlined link to view the original post on that date.   $GBP/USD Chart […]