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This category will be updated with our daily picks on a small timeframes(5min-1h). Are you looking for a trading idea or just want to compare charts, this is the place to be.

EURAUD Could be Aiming at 1.51

euraud 23.3.16

The EURAUD pair has been in a downtrend for a month¬†since February 11th. Then, on March 10th, the bulls woke up with a bang and lifted the exchange rate from 1.4465 to 1.5085 in just five hours. Today, EURAUD fell to as low as 1.4662, before climbing above 1.4850 so far. Which of the two […]

AUDUSD, Just One Day Later

audusd 19.11.15

Yesterday we posted an article, called “AUDUSD Bulls Aiming Higher”. We thought the pair has the potential to grow, because we recognized something on its 15-minute chart. A five-wave impulse to the upside, followed by a three-wave retracement. See it below. We saw a nicely-looking 5-3 wave cycle. According to the Elliott Wave Principle, the […]

AUDUSD Bulls Aiming Higher

audusd 18.11.15

Elliott Wave patterns can be found on all degrees of trend, even on the smallest time frames. The AUDUSD exchange rate seems to be giving us a good example. If we take a look at its 15-minute chart, we could see something very familiar – a 5-3 wave cycle. As the chart shows, AUDUSD rose […]

AUDJPY To Regain Intraday Positive Bias?

audjpy 11.11.15

The Elliott Wave Principle is a forecasting method, based on chart analysis. It postulates that trends move in recognizable patterns, called waves. A five-wave impulse, which indicates the direction of the trend, is followed by a three-wave retracement in the opposite direction. When this 5-3 wave cycle is over, the trend resumes. The pattern could […]

GBPUSD Sends A Bullish Message

gbpusd 11.8.15

According to the Elliott Wave Principle, every five-wave impulse is followed by a three-wave retracement in the opposite direction. Once the retracement is over, the trend resumes in the direction of the impulsive sequence. Now, let’s see what would we get, if we apply these rules to the 15-minute chart of GBPUSD. As visible, GBPUSD […]

NZDUSD Intraday Bullishness

nzdusd 13.7.15

NZDUSD bottomed at 0.6620 and bounced up to 0.6770. This recovery was immediately followed by a new decline to 0.6684 so far. What to expect from now on in the short term? The Elliott Wave Principle might help us find the answer. First, we need to take a look at the 15-minute chart of NZDUSD, […]