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Elliott Waves calling the rally in $CL_F
Read MoreOn April 12th, 2016 the price of $CL_F took the important high at $41.72 (3/22) and opened up possibility for further extension to the upside towards $51.00+ area. The video below is a short capture from the NY Live Analysis Session held on 4/15 by EWF Founder & Chief Currency Strategist Eric Morera. He presented […]
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AUDCAD Mid-term Elliott Wave Analysis 6.5.2016
Read MoreThis is an update on AUDCAD video that we did last week in which we were expecting the pair to end a cycle from 3/7/2016 and 12/31/2015 peaks i.e. wave (W) and start to develop a bounce in wave (X) to correct the decline from 12/31/2015. Last week, we saw the pair bouncing and now the distribution system […]
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EURUSD: Is History repeating itself?
Read MoreIn this blog we are going to take a look at the monthly chart of $EURUSD and highlight some similarities between the price action that we saw in the year 2000 and that we have seen since March 2015. Decline from 1995 high – 2000 low was a 3 wave drop to 100% Fibonacci extension […]
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Forecasting the path of $GBPNZD
Read MoreThe video below is a short capture from NY Live Analysis session held on 05/16 by EWF Senior Analyst Daud Bhatti. Daud was presenting Elliott Wave count of $GBPNZD, forecasting the rally from precisely determined technical area: 2.11462-2.0965. Back then, $GBPNZD was showing incomplete swings sequences calling for at least another leg up toward equal legs-1.236 fib extension @ 2.1799-2.2033 , area where […]
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USDPLN Elliottwave Analysis 6.1.2016
Read MoreIn the Daily view, the pair has met the minimum requirement for wave X bounce to complete. However, short term, while the pair stays above trend line channel and above wave ((x)) low at 3,767, ideally pair makes an extension higher towards 4.052 – 4.082 area to complete wave X before pair then resumes lower. For more trading […]
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AUDCAD – Forecasting next move using Elliott Wave
Read MoreIn this video, we present the most likely path for AUDCAD Forex pair for the next few week and even months to come. Pair is showing an incomplete 5 swing sequence from the peak in 2012 (1.0783) and as bounces fail below 12/31/2015 (1.0171) peak, pair is expected to make another swing lower towards 0.8960 […]