Expect a marginal new high to 0.8254 to complete wave ( 3 ) before the next wave ( 4 ) pull back which should be viewed as a buying opportunity. Hourly cycles are positive and hence we don’t like selling the pair into wave ( 4 ) pull back. If you would like to see […]

Pair failed to make new highs above 0.8454 to get into a FLAT correction and prolonged sideways consolidation is favouring the idea of wave (( b )) triangle which completed @ 0.8420 and pair is now thrusting lower. While below 0.8420, expect lower prices ahead. If you would like to see our mid-term view in […]

Pair is in a 5 wave decline from 1.5033 peak Wave (( iv )) appears to have completed as a FLAT and a swing lower is now expected to complete wave (( v )). In case of new highs above 1.4402, wave ( c ) of (( iv )) can take the form of an […]

Pair is in wave 4 which can completed between 0.9186 – 0.9237 before wave 5 higher. Expect price to stay above 0.9120 during this wave 4 for the idea to remain valid. Hourly cycles remain positive and hence we don’t like selling the pair into wave C of 4 If you would like to see […]

  Pair is in wave ( v ) of (( iii )) which is extending and can reach as high as 94.06 before a pull back in wave (( iv )) and higher again. We don’t like selling the pair in proposed wave (( iv )) as hourly cycles remain positive. If you would like […]

A cycle from 86.37 low is coming to an end. Expect a new high toward 92.20 – 92.50 to complete this cycle before we get at least a 3 wave pull back in the pair which could be start of a new down cycle or prove corrective yet again. Hourly cycles remain positive but we […]