While pair stays above wave (W) low at 0.858, it has scope to extend another leg higher in wave Y of (X) towards 0.904 – 0.912 area to continue the correction of the cycle from 12/29/2015 peak. Afterwards, pair should resume the weekly move lower. For more trading ideas and education, feel free to browse other technical articles at our Technical Blogs, check Chart […]

Silver and Gold had been little bit tricky in short term structures but the overall view was very clear. We kept our members on the right side of the market, calling the commodities bullish. We suggested buying them in the dips in 3-7-11 swings. The video below is a capture from London Live Analysis session […]

Below is a short clip from our New York Live Session on April 29 where our Senior Analyst Daud Bhatti explains why we like to sell GBPUSD from 1.4687 – 1.4848 area for at least 3 waves pullback. $GBPUSD made the high at 1.477 and turned lower as expected. We do two live sessions a day […]

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 […]