The video below is a short clip captured from NY Live Analysis Session held on 2/24 where EWF Founder & Chief Currency Strategist, Eric Morera is showing 4 Hour Elliott Wave count of USDX index, forecasting the decline from precisely determined technical area: 98.364-98.799. Besides forecast Eric is listing the techniques we follow while analyzing the market […]

Dow Jones US Basic Materials Index is showing 5 swings up from 2009 low which is a bullish sequence. In the near-term another high can’t be ruled out but it should soon pull back to correct the cycle from Jan 2016 low and then as far as pivot at Jan 2016 low and rising trend […]

$AAPL made a 5 waves move from 2013 low, ending the move at 117.25 (4/27/2015 peak). The stock since then declined, taking the form of a double three WXY (7 swing structure). Watch the video below to understand WXY structure and how to use it to forecast the correction in Apple. From 117.25 peak, the decline […]

The USDNOK is ending a possible 5 waves structure from the lows at 2011 and consequently a possible Elliott Wave FLAT (3-3-5) structure since the lows at 2008. Either way, the time and size of the sequence suggest that in even the most bullish $USDX case the Index needs time and price to call the […]

XAUAUD rallied from 2008 – 2011 followed by a pull back to 50 – 61.8 Fibonacci retracement zone in 2013. Since then it has been rallying again and now showing 5 swings up fro 2013 low which is in an incomplete sequence and make the instrument bullish against December 2015 low (1434) in first degree […]

The Commodities group has been in a downtrend since the peak at 2011. Since then we have seen the Group dropping against the $USDX but recently, the group has started to show signs of bottoming. Of course bottoming is a process which there could be some instruments within the group which already have a low […]