Pair is in large degree  FLAT correction. Wave (( iv )) of C appears to have completed @ 1.4470 so expect this swing lower to end around 1.4200 – 1.4250 before turning higher. Hourly cycles are negative but mid-term cycles are positive so after a drop below 1.4335, traders should only be looking for buying […]

Pair is in FLAT wave ( 4 ) / W when wave ( 3 ) ended @ 86.33.  Wave (( iii )) of C is about to complete so expect a pull back toward 90.45 (23.6 fib) and in-extension 89.82 (38.2 fib) and the next leg higher. Price needs to stay above 89.30 for this […]

Elliott wave analysis of EURGBP pair on 480 minute time frame from members area. A sharp drop was anticipated and that’s exactly what the pair did.   Before:   After:   To find out what we are expecting next,  why not Sign up for 14 day Trial We cover 25 instruments in 4 different time frames working […]

Rally from 86.41 is taking the form of an impulse when pair is close to complete wave (( iii )) with a test of 90.35 – 90.70 area. Following completion of wave (( iii )) expect a corrective pull back (triangle, double correction or FLAT)in 3 or 7 swings and another leg higher to complete […]

The pair has hit our target of 67.94 (1.236 ext) from our previous blog published on 7.22.2013. Now that the target has been hit, it’s time to take another look at the pair. We expected the pair to hit 67.94 target in wave ( c ) of a 7 swing structure from 2011 lows but speed , […]

Wave B has completed with a test of 0.8650 so as this level holds, we like the idea of more downside in the pair. We don’t like buying into proposed wave ( b ) pull back. If you would like to receive accurate & timely forecasts for 25 instruments that we cover, why not Sign […]