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 […]

This is a 4 hour Elliottwave Analysis video on $NZDCAD. As far as bounces hold below 0.9119, the pair is looking to go lower in wave (y) of ((y)) towards 0.8457 – 0.858 area. Check and click here technical blogs for more. EWF currently covers 50 instrument ranging from forex, indices, and commodities in 4 different time frames. Try our […]

This is a short term Elliottwave Analysis video on ASX All Ordinary. While Index stays above wave ((iv)) at 5146.4, it has scope to extend higher towards 5320.4 – 5369.8 area to complete wave ((v)) of C of (X) before turning lower at least in 3 waves. EWF currently covers 50 instrument ranging from forex, indices, and […]

This is a short term Elliottwave Analysis video on $NZDUSD. Pair is looking to correct rally from 0.6561 in 3, 7, or 11 swing. First 3 swing equal leg area is 0.669 – 0.6738 where buyers can come either for a new high or at least 3 waves bounce. Regardless the structure of the short term pullback, […]

This is a 4 hour Elliottwave Analysis video on $NZDCAD. As far as 0.93819 pivot stays intact, the pair is looking to go lower in wave ((y)) towards 0.883 area in 3 swing. It’s safer to wait for a break below wave ((w)) at 0.9025 to sell the bounce in wave “x” later rather than fading […]

This is a 4 hour Elliottwave Analysis video on $NZDCAD. The pair is looking to go lower in wave (w) to 0.9 to end the cycle from 2/12 peak, then it should bounce in wave (x) to correct 2/12 cycle before lower again towards 0.883. We don’t like buying the proposed bounce. EWF currently covers 50 instrument […]