Currency Trading | Forex Trading Report
Elliott Wave Aud/Usd 1 Hour Chart
it seems that wave (iii) reached a bottom after a minor recovery seen over the past two sessions, which appears to be a start of a three wave corrective move in blue wave (iv). Wave four usually retraces into a territory of a wave four of one lesser degree, so more upside could be seen in the next two sessions, potentially above 0.9800, before trend reverse lower again.
Larger trend remains down, while prices trades below upper channel resistance line!

Thursday, 24 November 2011 at 6:33:00PM AEST

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CFD Trading Gold Technical Analyst Report Elliott Wave Trading Strategies
Elliott Wave Gold 1 Hour Chart
1666 support held very well during Euroepan trading hours, from where is market now reversing quite strongly, so its obvious that wave iv) is still underway. We are looking now again, at the incomplete zig-zag pattern with wave c now headed into 1710/1720 area from where we expected another sell-off.
Base channel, 38.2% retr. and wave iv territory of one lesser degree will tend to react as a strong resistance in current wave iv).
Larger trend clearly down, its just a matter of time, when prices will collapse

CFD Trading Gold Technical Analyst Report Elliott Wave  1 Hour Chart     

Friday, 25 November 2011 at 7:13:00PM AEST

Elliott Wave Oil 1 Hour Chart
Technical Analysis CFD Strategy Report
Oil moved nicely higher in the past few sessions, for around $2.5 since we called end of a corrective red wave b) at the end of the past week. As such, our interpretation of an expanded flat in wave (ii)/(b) is still in play, which however must now show us some sings of a top at current 50-61.8% retracement around 100 mark. If we are on the right track with our bearish forecast, then we need an impulsive fall and daily close somewhere around 97.60, In such case we would be very confident that wave (ii)/(b) is done and that market is headed below 94 region.
Dont try to  get ahead of the market, wait on a confirming price action!

For now, price must not rise above 103.30 critical/invalidation region!

Monday, 28 November 2011 at 7:35:00PM AEST

Technical Analysis Elliott Wave Eur/Usd 1 Hour Chart Currency Trading
Forex Trading Euro is in a recovery mode from 1.3211 mark, when an impulsive fall from 1.3568 found the bottom. As such, the minimum expectations for the near-term is a 3-waves of a recovery, primary labeled in a wave (ii) towards 1.3400; wave four territory of a one lesser degree! Currently, we coudl be in wave a), so waves b) and c) yet to come.
The other more complex wave count is w)-x)-y) correction while we we are above!
Monday, 28 November 2011 at 7:00:00PM AEST

Forex Technical Analysis AUDUSD 97.10
TradingLevels: If 1.00 develops support then this is a bullish picture, the wave counts suggests a rally to 1.00 then down again, but we have to trade off support and resistance.
Elliott Wave: Despite a quite strong recovery in the past sessions, we still believe that larger trend is down on Aud/Usd, and that downtrend will resume in the coming sessions. In fact, we have only 3-waves up and also gap that needs to be filled. As such, we expect that current wave 4 will find resistance in the near-future, which must not rise above 1.0055 critical/invalidation region
Trading Strategy: A little like the Euro’s move down, the move down here from the SG2 9972 to 99 is in five waves, so a abc counter trend bounce off 99 then down again through the 99, how far will the bounce be is tricky to say, however there is resistance at 9920 and 9950 Midpoint, you know if the price finds support on top of group1 9930 then the price will end up at the Midpoint

AUDUSD Elliott Wave Chart

Aud/Usd 1 Hour Chart
Monday, 28 November 2011 at 7:20:00PM AEST

Despite a quite strong recovery in the past sessions, we still believe that larger trend is down on Aud/Usd, and that downtrend will resume in the coming sessions. In fact, we have only 3-waves up and also gap that needs to be filled. As such, we expect that current wave 4 will find resistance in the near-future, which must not rise above 1.0055 critical/invalidation region!

Technical Analysis - Currency Trading - Elliott Wave

Forex Trading Elliott Wave USDCAD 1 Hour Chart
Tuesday, 29 November 2011 at 7:22:00PM AEST
Elliott Wave count USDCAD, a bearish reversal is still unconfirmed and the reason is the wave structure from the peak, which is not in five waves...yet! But it seems that current slow price action is a wave iv) and that wave v) will reach new lows very soon. In such, case we will call a temporary top for the pair at 1.0524 and we will focus on more weakness in days ahead.

Forex Trading Elliott Wave USDCAD  4 Hour Chart
Tuesday, 29 November 2011 at 5:58:00PM AEST
-trend slows down
Elliott Wave count USDCAD  reversed sharply lower yesterday, after prices found the top on Friday exactly at the upper channel resistance line. We know that this usually occurs in a corrective advance, and not impulsive wave structure. As such, we really need to consider a potential break lower, but not until we see a fall through the lower support line of a corrective channel! Only a decisive break of 1.0520 puts bulls back into action!

Forex Trading Elliott Wave USDCAD  Daily Chart
27 November 2011 USDCAD
-looking higher while above 1.02
Elliott Wave count USDCAD  could be trading in very complex but still incomplete corrective pattern from late July, since pair fell in 3-waves from 1.065 highs. As such, move from those highs was corrective, labelled as wave X) on the chart, especially after a broken downward channel resistance line. Since then market is trading very nicely higher as expected; now approaching October highs that should be taken out in current Y) wave, while pair trades above 1.0200 supports. Only a move back below that level will suggests that bears are in control.

Code: SPI CFD ASX 200
Date: 5 December
Chart: 30 Minute Chart
The move down from the intraday high on Friday night is in five waves so expect an abc correction across 4300 with 4272 SG2 as supports
EarlyBird Report Comments:
SPI CFD 4290
TradingLevels: Support SG2 (4265 | 4272 | 4280)
Elliott Wave: The Wave structure is still unfolding higher, however a wave four corrective pattern is unfolding across 4300, see the chart on the SPI. As you may be aware we are working two wave counts on the US markets and one of those counts has a top in place now, this can reflect back here, this count with the top in place is being confirmed be the US Dollar, any way just be careful here at the 4300, at minimum expect a corrective pattern at mTL3 4300. The move down last night is in five waves, this will produce another five waves after a bounce off the SG2 4272
SPI ASX200 CFD Trading Strategy: Corrective price action expected

SPI CFD ASX 200 CFDs Index Trading - Elliott Wave Technical Analysis

Intraday Elliott Wave EURUSD Currency Trading Strategies

Eur/Usd 1 Hour Chart
Monday, 5 December 2011 at 6:40:00PM AEST

Euro found the support on Friday, and is actually on no-mans land since then, as we see possibilities for two wave counts while short-term 1.3393 support holds. On the left we are looking for an expanded flat in wave X, where bullish trend should be seen back above 1.3530.

But if 1.3393 support is out then more downside will follow in B wave from wave A peak.

We see more possibilities for the wave count shown on the right. Why? because zig-zags are more common than expanded flat!

Forex Trading: Elliott Wave EURUSD Currency Trading Strategies

Forex Trading: Elliott Wave EURUSD Currency Trading Strategies

Forex Trading Strategies Elliott Wave AUDUSD

Elliott Wave AUDUSD 1 Hour Chart

Currency Trading: US Dollar CFD Strategy - TradingLevels
US Dollar CFD: 78.37
On our Euro charts we have the pattern as corrective and should push up from current lows and therefor would see the dollar down from the current SG2 {78.80 | 78.72 | 78.65} zone, so if the 78.65 becomes the resistance then expect the price down to 78.50 Midpoint and lower, if however the price finds support on the 78.72 then the 78.80 then obviously the move up has started, when it comes to trading the support and resistance on the price points are more important than the guessing game of Elliott, once this penny drops your trading and consistency  improves 

CFD Trading Report Gold 1 Hour Chart
Friday, 9 December 2011 at 7:15:00PM AEST
Elliott Wave Theory
Gold fell sharply in recent sessions, about we warned 24hours back.A fall from 1756 is clearly impulsive, so it must be part of some larger bearish structure, which should continue once wave ii is done. But before weakness will continue, we want to see pull-back for at least 38.2% compared to wave i.

CFD Forex Trading Strategies Elliott Wave Count EURUSD

Eur/Usd 4 Hour Chart
Friday, 9 December 2011 at 5:40:00PM AEST

-sideways

Even after yesterdays fall on Eur/usd, the price action from Nov 25 still looks unclear and very choppy. We also do not have any strong evidences which would confirm immediate, further weakness on this pair. As such, pair simply may still be trapped in sideways price action; incomplete corrective wave 2), with wave B in progress towards 1.3200. Only a decisive break of that level will suggest that pair is going much deeper!

Technical Analysis Forex Trading GBPUSD Elliott Wave

Gbp/Usd 1 Hour Chart Elliott Wave

Cable reversed very nicely on Friday after a spike up to 1.5743 which appears to be a wave (E) of a fourth wave triangle. If thats the case, then prices shoudl now continue lower impulsively, towards 1.5460 projected Fibo level.

Currency Trading US Dollar CFD Trading Strategy Elliott Wave

Dollar Index 4 Hour Chart Elliott Wave
-corrective pull-back
On dollar index we are still monitoring a corrective, incomplete price action in wave 2, as recovery from Nov 30 appears to be very slow and choppy, so its probably just another corrective leg of wave 2. Our latest interpretation for wave 2 is a flat correction, currently in (b) wave with wave (c) yet to come.

Currency Trading US Dollar

Technical Anlaysis: Elliott Wave Gold CFD Trading Report
Gold 1 Hour Chart
Tuesday, 13 December 2011 at 6:40:00PM AEST
Elliott Wave, Gold was sharply lower yesterday, with a very strong momentum, so we suspect that a recent fall was a third wave price action. So if that’s the case, then we know that further weakness should be seen, as current recovery is just a wave iv pull-back, which will ideally find a top around 1670 area. From there intra-day traders will look for a fall on the short side again, while market trades below 1703.

Gold 4 Hour Chart
Tuesday, 13 December 2011 - downtrend acceleration

A strong Elliott Wave acceleration has occurred yesterday after the support line of a corrective channel from September lows was broken. we can see A very sharp move here, which has a personality of a third wave. As such, it seems that we are in wave (C) leg headed now towards 1530. Short-term critical region is at 1724!

GOLD Daily Chart
11 December 2011  Gold - looking for a fall into 1530 area

We believe that Elliott Wave  top is in place on gold, after an impulsive fall from 1920 followed by a corrective rally from 1530, which already shows first signs of completion around 1800 zone, labelled as wave (B) on the chart! Notice that prices found the resistance in the past few weeks at 61.8-78.6% retracement area, which is also a very typical Fibonacci reversal zone. A break of 1662 will be trigger for wave (C) weakness into 1530 zone!