Elliott Wave Forecast has proved one more time that Technical Analysis is a step ahead of Fundamental Events. The price structure of $GBPUSD was showing incomplete bearish Elliott wave sequence into the Brexit Referendum. Our forecast suggested short term rally towards 1.4920-1.5491 to complete 6th swing and decline in 7th swing toward 1.330 area to end the cycle from […]

Here is a short clip from our Live Trading Room at July 14. Take a look at how we manage the trade and risk by using inflection zones and Elliot Wave to your advantage. The Live Trading Room is held daily at 7:00 AM EST , join us there for more insight into these proven methods of trading. With […]

The video below is a short capture from Daily Setup Video held on 06/22 by EWF Senior Analyst Daud Bhatti. Daud was presenting Elliott Wave setup of $GOLD, suggesting buying the dips from precisely determined technical area: 1260.4-1251.05 against the invalidation level: 1235.9. This was one of the highest probability trade setups market was showing into […]

Weekly chart suggests pair is looking to do a larger pullback to at least correct the cycle from 2014 low, and likely also 2011 low. As far as pair stays below 1/27 peak at 4.158, favor pair to resume lower. For more trading ideas, feel free to check Chart of The Day and take our FREE 14 Day Trial.

On June 24th, $NZDJPY completed wave ((X)) recovery as expanded flat and made 800+ points decline from proposed inflection area. It bottomed at 69.08 , and at current stage still holding above that low.  The video below is a short capture from the Plus Daily Technical Video held on 06/22 by our technical analyst Hendra Lao. The […]

Rally from 4/28 low is proposed complete at 0.9305 as wave (X). Short term, while pair stays below here, and more importantly below 0.9567, it has scope to continue the weekly decline lower to 0.79 area, or at minimum pair can start a larger 3 waves pullback to correct rally from 4/28 low. For more […]