At EWF, we don’t pay attention to news & fundamentals and believe market is purely technical. EURUSD formed a high @ 1.3993 on 5.8.2014 on the day of last ECB meeting. Members knew ahead of the meeting that EURUSD was expected to form an intermediate peak between 1.3970 – 1.4045. Tomorrow is the next meeting […]

Here is a quick blog from our Live Trading Room host, Dan Hussey.  Take a look at how to manage your risk by using inflection zones to your advantage.  The Live Trading Room is held daily from 11:30 AM EST until 1:30 PM EST, join Dan there for more insight into these proven methods of […]

EURCAD is a currency  pair we use to correlate some of the other financial instruments in the markets we cover here at elliottwave-forecast.com. Since  March 19th , 2014 when price was 1.5586, the FX pair has been declining in what appears to be a typical Elliott Wave zig-zag pattern which is a larger degree three […]

Here is a quick blog from our Live Trading Room host, Dan Hussey.  Take a look at how to manage your risk by using inflection zones and Elliot Wave to your advantage.  The Live Trading Room is held daily from 11:30 AM EST until 1:30 PM EST, join Dan there for more insight into these […]

Preferred view is that wave “W” i.e. cycle from 0.8400 peak ended and wave X bounce is in progress. Following a pull back in wave B, expect more upside toward 0.8195 – 0.8200 region to complete wave X before decline resumes. We don’t like selling the pair in proposed wave B pull back. Once wave […]

Here is a quick blog from our Live Trading Room host, Dan Hussey.  Take a look at how to manage your risk by using inflection zones and Elliot Wave to your advantage.  The Live Trading Room is held daily from 11:30 AM EST until 1:30 PM EST, join Dan there for more insight into these […]