The euro moved towards the upside as expected under the alternate count. It reached our first target and exceeded it by 6 pips, before reversing towards the downside.
There are several ways to … Continue Reading
On Wednesday`s session the pound unfolded as expected and the specified target is yet to be reached.
We are updating the main count according to the latest price action adding tight targets and … Continue Reading
For the first time in several weeks, the euro spent the entire week in a very strong and largely uninterrupted rally, scoring over 220 pips.
We had already expected that the euro was building a … Continue Reading
This week the pound unfolded towards the upside reaching both targets and after reaching the specified targets, the pound continued moving towards the upside exceeding the main count`s upper … Continue Reading
Seeing that pretty much nothing changed in our long-term view of the euro, it's probably more useful to focus only on the two most conservative monthly counts, especially since each of them expects a … Continue Reading
Over the last month, Cable unfolded towards the downside leaving both counts valid as it is yet to reach either count`s confirmation point.
Cable has been trading in a sideways manner within a … Continue Reading
Investing in foreign currency markets carries risk of losses especially because these instruments are highly leveraged and traders can lose more than their initial margin funds. Information supplied by Elliott Wave Forex is supplied in good faith but it is not guaranteed. The market service that never makes mistakes does not exist. Elliott Wave Forex is not responsible and cannot be held liable for individual investor’s decisions.