USDMXN is trading sideways since the beginning of June and it looks like it is forming a big, bearish Elliott wave triangle in wave IV that can send the ... Read More
Silver is nicely recovering following a completed higher degree C) move at the 11.60 level. We can see a five-wave rally in play, where latest intra-day recovery out ... Read More
On the weekly chart of GBPAUD we see price sharply declining, down from 2.08 high, after a sideways, choppy movement from October lows of 2016. Also, price is breaking ... Read More
EURGBP started firmly dropping from the 0.918 level (also level of a Fib. ratio of 61.8), giving us first signs of a possibly completed A-B-C move in a higher ... Read More
USDCAD started rallying from the 1.3312 low, indicating that wave C) of a higher degree is completed, and that a minimum three-wave turn is underway. We labelled a ... Read More
USDCAD is bullish long-term, however recent price activity suggest price being trapped in a triangle correction of a higher degree wave IV. Now we see price reversing lower, down ... Read More
USD index is trading sideways for some time now, ideally unfolding an Elliott wave triangle correction in wave B that is part of a three-wave corrective decline. A triangle ... Read More
USDJPY made a sharp rise from the 101.16 level, following a completed A-B-C move into a leg Y of C), which is part of a bigger triangle correction. We ... Read More
USDTRY has completed a bigger triangle correction at the 5.63 level, from where a new bullish move started developing. We are tracking a five-wave move higher, an impulse, with ... Read More
Hello traders, EURAUD is in a bearish trend, down from 1.980 level, as we see a clear five-wave in the making. At the moment we are observing a five-wave ... Read More
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