GBPCHF preferred Elliott wave structure shows pair to be in a 7 swing structure up from 6.5.2014 (1.4972) low. We believe pair has completed 6th swing i.e. wave (( x )) at 1.5210 and now we expect buyers to appear and rally to resume in 7th swing toward 1.5443 – 1.5464 area to end a cycle from 1.4972 […]

GBPCHF preferred Elliott wave structure shows 5 swings up from 6.5.2014 (1.4972) low. We believe pair is currently in 6th swing which has already tested 50 fib (1.5251) but can reach as low as 1.5190 – 1.5223 area before it turns higher toward 1.5464 ( C = A ) to end a 7 swing structure […]

NZDUSD is ending a cycle from June 24 2013 which is taking the form of a WXY structure in which wave ( W )  was a FLAT. Dip to 0.8052 (2.4.2014) was wave ( X ) connector which was followed by 3 waves up to 0.8701 (4.1.2014) which we have labelled as wave ( A […]

Preferred Elliottwave view suggests dip to 101.21 completed a corrective cycle from 102.79 peak. We have seen a 7 swing move higher from 101.21 – 102.26 which we believe completed wave A. Wave B pull back is in progress and can test 101.61 – 101.74 area before pair turns higher in wave C. There is some […]

For the whole month of May we been telling our members to SELL the rallies for USDCAD as that is what our preferred Elliott Wave Analysis was calling for. When June came along our view did not change. We continued telling our members to only look to sell USDCAD based on the idea of Elliottwave […]

Preferred Elliottwave view suggests drop from 0.8130 to 0.7956 was a WXY structure and complete wave A. Wave B is also taking the form of a 7 swing or WXY structure when rally to 0.8025 completed wave (( w )) , dip to 0.7965 completed wave (( x )) and wave (( y )) is now […]