Category: Analysis & Forecasts

EURUSD Elliott wave analysis: Imminent drop below 1.15?

EURUSD continued the bullish move today, now close to 1.175. It seems the bullish correction will soon complete the first phase which should be followed by a corrective dip toward 1.15. How likely is this?  In yesterday’s EURUSD Elliott wave analysis,…

AUDUSD trade setup

AUDUSD continued bearish after correcting upside

Aussie is one of our best currency pairs of the week after completing a clear wave pattern that we understood very well. Price played out just as expected. Will there be any trade opportunity soon? Yes there is. A new…

AUDUSD Elliott wave analysis, 15 min and H1

15 February AUDUSD Elliott wave analysis

Aussie is rallying to 0.8 as part of a major recovery from a fast dip to 0.775. It seems the rally is corrective and price would resume the bearish move as the 15 February AUDUSD Elliott wave analysis below shows. Elliott…

24 october crude oil elliott wave analysis

24 October Crude Oil Elliott wave analysis

Since the February-June Crude Oil rally last year when price moved from $26 to $51, the black commodity has been moving in a range. From early March 2016 till now, the highest price has been $56 and the least is $38….

23 october usdjpy elliott wave analysis

23 October USDJPY Elliott wave analysis

The strong rally that surfaced in USDJPY before October paused to make a bearish correction after price completed an impulse wave. The correction that followed was shallow and price resumed the rally in the second half of last week. How…

17 october gold elliott wave analysis

17 October Gold Elliott wave analysis

Gold has dropped about 1.3% from yesterday intraday top at 1306. This was highly expected. Will a 3-wave pullback to 1282-1280 happen before the bulls make the next effort to push price further upside? In the last update, yesterday, we noticed…

17 october gbpusd elliott wave analysis

17 October GBPUSD Elliott wave analysis

GBPUSD couldn’t reach the 1.30 bearish target before making a strong intraday rally last week. Will the bullish momentum continue stronger and break above the 1.365 high? For few weeks, we have been bearish on GBPUSD with targets at 1.31 and…

16 oct gold elliott wave analysis

16 October Gold Elliott wave analysis

Gold made a solid bullish impact throughout last week after breaking out of an important wave pattern.There is a strong likelihood that the bullish momentum will continue and probably break above 1358 top. In the last update, we witnessed Gold…

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