Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of GBPUSD, published in members area of the website. As our members know GBPUSD has incomplete bearish sequences in the cycle from the 12/13 peak. The pair is targeting 1.2668 area ideally . Consequently, we advised […]

In this blog, we are going to take a look at the Elliottwave chart of CADJPY.  The rally from August 26, 2019 low unfolded as 5 waves impulsive move up in wave (A) as a diagonal.  Based on Elliottwave theory, the impulsive wave up will be followed by 3 waves correction before resuming to the upside.  […]

In this blog, we take a look at the past performance of 1 hour Elliott Wave charts of EURNZD, In which our members took advantage of the blue box areas.

Short term Elliott wave view in EURUSD suggests the cycle from December 31, 2019 high is unfolding as an impulse wave. Down from December 31, wave (1) ended at 1.0991 low and the bounce in wave (2) ended at 1.1097 high.  The pair continues to the downside and wave (3) is still in progress.  Wave […]

Short term Elliott wave view in Bitcoin (BTCUSD) suggests the rally from January 24, 2020 low has ended as a 5 waves impulse Elliott Wave structure. Up from January 24 low, wave ((i)) ended at 9570 and pullback in wave ((ii)) ended at 9075. The crypto currency then resumed higher in wave ((iii)) towards 10199.85 […]

Singapore Dollar SGD tumbled last week after Monetary Authority of Singapore (MAS) suggests that Singapore Dollar has room to depreciate. The statement came after the coronavirus infection spread to the territory and the central bank predicts it will hit growth. This comes after the economy shows signs of recovering from last year’s weakest growth in […]