ew-forecast

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Detailed Chart & Trade idea at www.forexstreet.net

ew-forecast

EURUSD heading toward C) Wave. Full EURUSD intraday elliott wave analysis at www.ew-forecast.com

ew-forecast

Despite a big gap down on USDJPY pair remains in bullish mode as declien is actually still in three waves which we think it's wave... detailed chart & article at: www.ew-forecast.com

ew-forecast

Sharp and extended decline seen in February suggests that pair is trading impulsively lower from above 1.6300 high. However, last week pair has found a bottom at 1.4830, which was expected after five waves down in wave (3) exactly to 261.8% Fibonacci level measured of a red wave 1). We know that after every five waves correction follows, so ideally, pair is now in...

ew-forecast

GBPUSD is in sharp uptrend for the past two days, which was expected from a technical point of view after five waves down in red wave 5) of (3) followed by a broken trend-line. Well, current rally has an impulsive structure which means that leg is part of a larger recovery which will probably prove corrective as we are tracking a blue wave (4) pull-back. Anyhow,...

ew-forecast

More Detailed analysis on USDJPY along with Elliott Wave Analysis Video on EURUSD, USDCAD and USDJPY at: www.ew-forecast.com

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USDCHF accelerated higher at the end of the last week slightly through the upper channel resistance line which is a bullish signal for the pair. As such, we are now observing a new wave count with possible impulsive rally underway to 0.9500 area while 0.9335 is not breached. Notice that current pull-back from the latest high is quite slow which is usually an...