The cycles from 101.60 should be ending between 104.90 – 105.41 after which pair should make at least a 3 wave pull back. The trend & cycles are positive so we don’t like selling the pair and favour buying dips in 3, 7 or 11 swings after wave (( w )) / ( 3 ) […]

FXStreet.com’s interview with EWF’s Dan Hussey on 12.17.2013 – where Dan takes a look at a modern approach to Elliot Wave and does real time analysis on the EURUSD and SPX while highlighting the continued correlation between Bonds, the USD, and US Equities. Watch the recording Check out recap of the analysis presented in the […]

USDCAD testes 50 fib to complete an Ending Diagonal and bounces off the green zone highlighted. See how perfect it was. Why not take 14 day Trial to see all such opportunities and learn our current view of the pair. Click button on the right to start the Trial [jwplayer mediaid=”140583″]

Rally from 91.74 – 94.26 was in 5 waves but subsequent drop toward 92.70 – 93.00 ( 50 – 61.8 fib) of the rally was quite strong which made us switch the view to FLAT wave ( B ) in yesterday’s update. While below 93.27, expect more downside in the pair and break to new […]

Orange zone is where we expected wave A to end and was the area where traders holding long positions should have booked profits. Now that wave A high is in place, and there is a green box between 1.0523 – 1.0559, that acts as the next buying zone as far as the key pivot at […]

We take a look at 1 hour chart of USD/CAD pair in today’s chart of the day analysis. We will be doing a comparison to see how new chart is better than the old one and how it can help traders stay on right side of the market (avoid bad trades) Let’s take a look […]