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Chart Of The Day 


Recent Analysis 

  • GOLD SHORT TERM

    GOLD SHORT TERM

    No change, above 1302 keeps it bid, depending on the reaciton around or below 1352 will help us decide if the move is a 3 wave rally form the 1st …Read More
  • USDJPY SHORT TERM

    USDJPY SHORT TERM

    Its not looking that great for the bears atm, it needs an immediate reversal back above 101.00. If it fails to move above 101.00, then it could be supporting a …Read More
  • EURJPY SHORT TERM

    EURJPY SHORT TERM

    Its yet to really break down under 11280, and like AUDJPY it may still have unfinished business to the upside, so I think we need to allow for a bit …Read More
  • GBPUSD SHORT TERM

    GBPUSD SHORT TERM

    Its almost made a new low, so some caution is needed as I think it can setup for a decent bounce in 3 waves to rally for wave 4 towards …Read More
  • AUDJPY SHORT TERM

    AUDJPY SHORT TERM

    If its going to see a breakdown, then we want to see if hold below 77.00, if a break above 77.00 if likely favors more upside above 77.52. So I …Read More
  • NZDUSD SHORT TERM

    NZDUSD SHORT TERM

    I would prefer to see a bit more upside towards 0.7280-330, as long as any upside appears corrective, then i favor more downside after for the small degree 3rd wave. …Read More
  • USDCAD SHORT TERM

    USDCAD SHORT TERM

    The minor new high now makes 5 waves from 1.2998, so a pullback that is in 3 waves is a buy setup against 1.2998, we can lift support to 1.2998 …Read More
  • DAX SHORT TERM

    DAX SHORT TERM

    Below 10600 keeps the short term trend looking lower. Its still range bound, it could develop into a possible triangle if it stays above 10262. Ideally if more downside, it …Read More

Recent Blog Posts

oiu6472

Elliott Wave Analysis of SPX

Copied from the weekend post. ——————————- The move from the Feb 2016 lows is 3 waves IMO, so its not that clear as to what pattern is going on from

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oiu2298

Elliott Wave Analysis of EURUSD

The spike to minor new highs could well have ended an ending diagonal, although we dont yet have enough evidence to suggest a reversal and wave C locked in place.

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Special Promotion Forex week

Thank you for those that took part in last weeks free forex week, for the next 48 hours you can purchase 3 months for the price of 2. Simply log

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FREE FOREX WEEK

Claim your free week. Simply enter the discount code on the checkout page here. From 12/03/2016 – 19/03/2016 is free week. You will need to make an account and enter

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oiu429

Elliott Wave Analysis of USDMXN

I suspect this is now pulling back in a larger 4th wave, so i am looking for a corrective pullback ideally towards the 16.50 area, as long as it holds

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wert9703

SPX Vs TYX

A clue to the SPX ending a possible 5 wave rally from last weeks low could well be coming from TYX, it would look better if we saw a a

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