EW4X

EW4X Updated 

EUR/USD is still overall in a Bullish Trend for the Intermediate Wave (Y) (black). Intermediate Wave X (black), trade which was posted previously a the top of (W) (black), has finalized. Intermediate Wave (Y) (black) is about to complete the its first leg from the ABC Minor within its structure. Bullish Minor A (light blue) (EUR/USD trade which was posted...

EW4X Updated 

GBP/USD has started Intermediate Wave (C) (golden) as per our previously posted analysis for the Bullish Minor A (blue). Corrective Minor B (blue) is about to begin its Structure as pointed out by the present Main Bearish Divergence. Minor A (blue) is about to complete its cycle, with Minute 5 (green) about to form its last local high, therefore waiting for the...

EW4X Updated 

Dollar/Yen (USD/JPY) has completed Intermediate Wave X (red), as per our previously posted analysis. Intermediate Complex WXY Structure is about to complete with Intermediate Y (red) finalizing its 5 Minor Waves (blue) Pattern. With Intermediate Y (red) coming to an end, so will the 4th Primary Wave (purple), leaving room for a continuation of the Main Up-Trend,...

EW4X Updated 

XAU/USD (GOLD) is still overall Bullish but about to start a Correction before a Major Up-Trend. Forecast for this Precious Metal is Short-Term SELL and Long-Term BUY. The current Medium-Term Up-Trend which started on the 10th of March is about to end its Cycle and is in fact a piece of the puzzle for the entire Bullish Intermediate (3) (light blue), which is...

EW4X Updated 

USD/CAD (dollar/loonie), on the larger scale (daily), is overall trading within a Complex Corrective Structure, labeled as Cycle Wave IV (green). The Complex Corrective Structure started unfolding in Jan 2016, with its first leg labeled as Intermediate (A) (red). It took Intermediate (A) (red) about 3 months to complete its Bearish Cycle, which would make us...

EW4X Updated 

Euro/Dollar-EUR/USD is about to complete the 1st Bullish Leg of our previously posted French Elections Trade. We are looking at a temporarily weakness in the Euro/Dollar-EUR/USD as the ABC Minuette Retracement (red) for Minute B (green) is about to shoot towards 1.07500 Levels, which represent 50-61.8% Fibonacci Retracement (red fibs) of Minute A (green). Withing...

EW4X Updated 

Dollar-Index (DXY) unfolded back in Jan with our posted Minute WXY Complex Corrective Structure for Minor 4 (black). The Bearish Trend is about to complete and we are looking at a Trend Reversal, as the Cycle for Minor Wave 4 (black) is coming to an end, with Minute WXY (red) completing its Double Zig-Zag. Minute X (red) unfolded as a Double Zig-Zag, as per our...

EW4X Updated 

Pound-Dollar-GBP/USD has been trading within a Major Consolidation within the Corrective Cycle Wave IV (black) after Brexit Referendum & Flash Crash. We are thrilled to announce that the Corrective Cycles are coming to an end and that a Major Trend Continuation shall commence very soon, with the Cycle Wave 5. Cycle Wave 5 (black) could reach 1.1600 or 1.1000...

EW4X

EUR/USD-Euro/Dollar has touched our previously predicted and mentioned 1.09800 Levels, as per the posted analysis. Due to Price Action developing recently, we have decided to update the SELL Positions and Levels. EUR/USD-Euro/Dollar is unfolding with Minor C (light blue) which is the last piece of the puzzle for the entire Primary Corrective Cycle (ABCDE...

EW4X Updated 

EUR/USD-French-Elections - Bullish Intermediate Y - Technical Set-up: EUR/USD finalized our previously posted Bearish Minor B (blue) and it bounced off the 1.05700 Levels, shooting towards the Intermediate Wave C (blue). In our view, Intermediate C (blue) is the final wave for this Corrective Cycle (Intermediate WXY (black)) and we will be very interested in a...

EW4X

SILVER-XAU/USD delivered our previously posted and awaited Correction. According to the updated wave count, the March-April Up-Trend is in fact Minor Wave 1 (turquoise) within the Higher Degree Intermediate Wave (3) (light blue). Minor Wave 2 (turquoise) retraced 78.6% of Minor 1 (turquoise) which is indicating that the Correction is about to end and the overall...

EW4X Updated 

Gold (XAUUSD) is being drawn towards 11th Oct Vibration Level and 11th Nov Bearish Breach with a Leading Diagonal still under development, most probably with a 3-3-3 sequence. 27th Jan low is not satisfactory as a 2nd Intermediate Wave due to its 38% Fibs Retracement (pink) which is revealing that in fact we only had the 4th Intermediate Wave (green) so far as a...

EW4X Updated 

Gold (XAUUSD) is being drawn towards 11th Oct Vibration Level and 11th Nov Bearish Breach with a Leading Diagonal still under development, most probably with a 3-3-3 sequence. 27th Jan low is not satisfactory as a 2nd Intermediate Wave due to its 38% Fibs Retracement (pink) which is revealing that in fact we only had the 4th Intermediate Wave (green) so far as a...

EW4X Updated 

After bouncing off the 1122 Levels, XAUUSD (GOLD) started the Up-Trend. So far we have the 1st Impulsive Intermediate Wave, which is coming to an end soon. 2nd Corrective Wave (ABC Structure) will most likely commence very soon. Great confirmation would be a Bearish Divergence at the end of the 5th Minor Wave. Conservative Entry - 1230 or 1240 Aggressive Entry - 1220

EW4X Updated 

Minuette Wave (iv) unfolded as a Complex Double Three Formation and a Bullish Breach of the Contracting Triangle was confirmed. AUD/USD is Bullish at this point and heading towards Minuette Wave (v). As the Breach occurred, a good strategy for a BUY Position would be to follow a Bullish Flag Formation (see drawings) and treat the Trendline as Support. Entry -...

EW4X Updated 

EUR/USD has completed a 5 Wave structure for Minor Wave A (blue) and now showing good signs that it will most likely retrace on the up-side towards Minor Wave B (blue). Bearish Volumes are picking up and the Bullish Divergence is a good sign for this set-up. First Resistance has been breached and a good way to trade this move would be to wait for a Flag Formation...

EW4X Updated 

Following up on the previous Bullish Post on the Dollar Index, since then DXY has started the Up-Trend as projected. Subminuette Waves i & ii (black) have finished and Subminuette Wave iii (black) is still under development with Micro Wave 3 (yellow) about to be completed, as the Bullish Flag within Minuscule Wave 4 (blue) is confirming the Bullish Breach, as per...

EW4X Updated 

Minor Wave 5 (green) is coming to an end with the Bearish Divergence imminent. Intermediate Cycle is complete, thus the Corrective Minor Waves ABC within the 2nd Bearish Intermediate Wave are about to start. Entry - 17.6 SL - 79.9 TP - 16.7 & 16.4