AUDUSD Elliott Wave Analysis 10.18

by elliottwave-forecast.com | October 18, 2017 10:33 am
AUDUSD Elliott Wave structure suggests that the decline to 0.7731 on October 6th low ended Primary wave ((W)). From there, Primary wave ((X)) bounce is unfolding as a double three Elliott Wave structure. Rally to 0.7807 ended Intermediate wave (W)...

AUDUSD Short Term Elliott Wave Analysis 10.17

by elliottwave-forecast.com | October 17, 2017 11:40 am
AUDUSD Short term Elliott Wave analysis suggests decline to 0.7731 ended Primary wave ((W)) on 10/6 low. Bounce in Primary wave ((X)) is proposed to be unfolding as a double three Elliott Wave structure. Intermediate wave (W) of ((X)) ended at...

CVR Energy (CVI) Daily Bullish Sequence

by elliottwave-forecast.com | October 2, 2017 3:06 pm
On November 2016, CVR Energy (NYSE: CVI) made an important low to end a daily correction from 2013 peak, up from there the stock either started a new bullish cycle to take it toward new all time highs or it’s just doing...

AUDUSD Elliott Wave View: Bullish above 0.787

by elliottwave-forecast.com | September 7, 2017 10:42 am
AUDUSD Short Term Elliott Wave view suggests that the rally from 8/15 low is unfolding as a double three Elliott Wave structure. Up from 8/15 low, Minute wave ((w)) ended at 0.79957 and Minute wave ((x)) ended at 0.7868. Minute...

AUDUSD Elliott Wave View: More Upside

by elliottwave-forecast.com | September 6, 2017 9:36 am
AUDUSD Short Term Elliott Wave view suggests that the rally from 8/15 low is unfolding as a double three Elliott Wave structure. Up from 8/15 low, Minute wave ((w)) ended at 0.79957 and Minute wave ((x)) ended at 0.7868. Minute...

USDCAD Forecast and BOC Meeting Next Week

by elliottwave-forecast.com | July 6, 2017 9:44 am
Bank of Canada will have a meeting on July 12 to decide the interest rate. USDCAD has declined due to recent comments made by top Bank of Canada officials which seem to suggest that interest rates could be...

High Frequency Trading and Elliott wave Theory

by elliottwave-forecast.com | July 2, 2017 4:19 pm
The development of computer technology and the Internet is perhaps the most important progress that shape and characterize the 21st century. The proliferation of computer-based and algorithmic trading breed a new category of traders who trade purely...

USDCHF Long-Term Range (Jun 26, 2017)

by Kate Curtis | June 26, 2017 1:36 pm
USDCHF has sold off recently but it could find strong support at a long-term range bottom around the .9500-.9550 levels. A bounce off this area could lead to a move back to the resistance at 1.0400 or...

NZDJPY Double Bottom Breakout (Jun 09, 2017)

by Kate Curtis | June 9, 2017 11:14 am
NZDJPY could be in for a long-term climb as it broke past the neckline of its double bottom pattern on the daily time frame. Price was unable to break below the 75.00-75.50 area in its last two...

Here’s How to Validate and Trade a Channel

by ForexCycle.com | March 18, 2012 10:41 am
Trading price channels are a valuable tool for traders to identify and capitalize on price movements within a specific range. Price channels are formed when an asset’s price moves between two parallel trend lines, creating opportunities for...