Elliott Wave Forecast!

[fwfutures]

USDCHF is slow, choppy and sideways for the last few days which is a personality of a corrective price action. Therefore, we think that USDCHF is trapped in a wave four position, which could be forming a triangle in 0.9580-0.9760 range. If that’s the case then pair will stay sideway another day or two and then break sharply higher, into wave 5) that could lift the pair to 0.9830/0.9860 region based on our Fibonacci projected levels.

[fwfutures]

EURUSD made a three wave rally in this week which has been expected in wave 4, but now pair is already turning lower again after completed zig-zag at 1.3000 psychological level. We can see that price broke through the lower side of a corrective channel which is a very important evidence for further EURUSD weakness, this time to 1.2680/1.2730 for wave 5. Critical level now stands at 1.3000; bearish trend below it.

[cesar_b]

A greeting fwfutures.
I want this pair please revise and publish their analysis, according to the swing trading, is about to make a pull back. The red line is a blue line is monthly and weekly. The price is doing a triple floor.
I follow his subject and I find it very productive. Excuse my English.

[fwfutures]

AUDUSD: current sideways price action represents wave 4 pull-back that should be sub-divided by three legs.

[fwfutures]

GOLD found some support last week and reversed back to the base channel line again that could react as a resistance in current black wave 4 which is now making more complex wave structure than we firstly thought.
We can see that price is slow, sideways, choppy and more importantly, recovery from 1337 cannot be counted impulsively. Therefore, we think that move is corrective, probably wave 4 which is still incomplete. Ideally thats now wave (d) down that will look for a support somewhere above 1352. From a larger perspective we think gold will continue lower, but based on 4h count critical level is at 1441 which was wave 1 low.
GOLD 1h

GOLD 4h

[fwfutures]

USD-index reversed lower yesterday and is now again testing that very important 83.30-83.50 support zone. As such,w e adjusted the wave coutn and now looking still for a red wave 4) in progress which is becoming more and more complex, but its still corrective contra-trend movement. As such, we will not give up on bullish case, and will again look for a new break higher if we get an impulsive rally from current levels.

[fwfutures]

S&P Futures turned around perfectly from that 1655/1660 resistance area that we highlighted it several times in our past updates. Notice that pull-back from 1636 was in three waves that now appear complete after current new leg down. In fact, we also see a head and shoulders pattern that is pointing for a sizeable move to the downside if/when neckline gives way.
S&P Futures 1h


If S&P count above is correct, then USDJPY will continue lower because of positive correlation. Price could fall sharply in such case, through 100 figure within wave three. 101.27 is now short-term critical resistance.
USDJPY 1h

[fwfutures]

USDCAD Remains Bullish; Uptrend Could Resume From 1.1150/70

USDCAD moved to a new high last week after an impulsive rally and break out of a triangle. We see pair now in continuation mode, moving up in wave 5 that should be made by five waves. Our target on a daily chart is around 1.1400 so we see room for more upside. Therefore we think that current retracement from latest high is just a temporary short-term reversal; a correction as part of ongoing uptrend. With that in mind, we expect a move up to resume in this week, ideally from around 1.1150/70 area where former swing highs may turn into a support. Trend remains up as long as 1.1025 support is not breached.

[faryfx]

yeah . this is a high analysis technial theory. we can get more signal with higher exactly . i learned about it . but it's not. enough

[eko_ddie]

There are so many signal provider that using these technical analysis..
It's so difficut to draw the line. Can anyone here teach us how to draw them?
I will use this strategy to trade in my favorite broker liteforex.