By Hassan Sheikh     September 13, 2018    - 2 min read

AUDUSD Elliott Wave View: Right Side Calling Lower

AUDUSD short-term Elliott wave view suggests that the bounce to 0.7384 high ended intermediate wave (X) bounce. Down from there, the pair has broken to new lows already confirming the…

By Hassan Sheikh     September 11, 2018    - 2 min read

GBPUSD Elliott Wave Analysis: Calling Further Upside

GBPUSD short-term Elliott Wave analysis suggests that the rally from 8/15/2018 low at 1.2660  to 1.3042 high ended Minor wave 1. The internals of that rally higher took place in…

By EWFHendra     September 10, 2018    - 3 min read

Trade War Concern May Continue to Pressure Australian Dollar

Last Friday Australian Dollar dipped to a two-and-a-half-year low after it broke blow 71 US cents due to a rising US Dollar and escalation in US-China trade wars. The last…

By EWFEric     September 4, 2018    - 3 min read

USDMXN Elliott Wave Analysis: Showing The Classic 5 Waves Pattern

The Elliott Wave Theory, as many traders know, was developed in the 1930' and the main pattern is the 5 waves structure followed by 3 waves pullback. The Theory was developed based…

By Hassan Sheikh     August 31, 2018    - 2 min read

EURJPY Elliott Wave View: Ended 5 Waves Advance

EURJPY short-term Elliott wave view suggests that the decline to 124.87 low ended intermediate wave (2) pullback of a leading diagonal structure from 5/29/2018 cycle. Above from there, the rally…

By EWFHendra     August 30, 2018    - 3 min read

Market Participants Betting on Nafta Deal between US and Canada

The Canadian Dollar strengthened to a two month high against US Dollar earlier this week. Market participants seem to bet on possible inclusion of Canada in a new Nafta pact.…

By Hassan Sheikh     August 30, 2018    - 2 min read

NZDUSD Elliott Wave Analysis: Double Correction Taking Place

NZDUSD short-term elliott wave analysis suggests that the decline to 0.6543 low ended Minor wave 1. The internals of that decline unfolded as impulse structure with lesser degree Minute wave…

By EWFHendra     August 24, 2018    - 1 min read

AUDUSD Elliott Wave View: Downside Pressure Remains

Elliott Wave view on AUDUSD suggests that the decline to 0.7199 ended Intermediate wave (W). Intermediate wave (X) rally appears complete at 0.7382. The internal of Intermediate wave (X) unfolded…

By EWFHendra     August 23, 2018    - 1 min read

AUDNZD Elliott Wave View: Further Downside Expected

AUDNZD Short-term Elliott Wave view suggests that the rally to 1.1066 ended Minor wave X. The internal subdivision of Minor wave X is unfolding as a zigzag Elliott Wave structure…