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 Trading Strategies Elliott Wave AUDUSD

Elliott Wave AUDUSD 1 Hour Chart

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 Technical Analysis

Currency Trading

US Dollar CFD: 80.50
The shorter trend to count is the move up from 78 which should top out at 81 or 82 and fold back to 80 checking for support, start counting the waves up from 78 I think the current high is nearly the top of wave three, so a four and five to  go then a larger pull back towards 80, I know I’m a little loose here with prices, it’s just that the Euro is so news driven waves can extend or contract form market intervention, it’s not the normal psychological flow, we see this a lot with the yen

Forex Trading report AUDUSD Elliott Wave TradingLevels - Peter Mathers

AUDUSD 0.9930
TradingLevels: The Euro is will find support on 130 and the AUD on 99, the TL1 | 1.00 hasn’t been retested yet, which is normally done from the 99 and the 98.  The 98 is the first MinorLevel and is also lower trend line support, so consider it the main support below the 1.00
Elliott Wave: Wave C of Triangle (E) below 1.00 (see 4 Hour Chart)
Trading Strategy:  Continue to scalp through the sublevels while around 1.00

Forex Trading

CFD Forex Trading Report AUDUSD

AUDUSD 0.9980
TradingLevels: The retest of 1.00 is still under way and it’s from being a little patient here, if the price finds support on 1.00 then scalp long and if the 99.72 becomes the retested resistance then look for short trade set ups.
We also have to expect in the slightly bigger picture for the price to spend time swinging across 1.00 in the 103 – 98 range, the reason for this assumption is the larger triangle pattern back from September as it has lower highs and lower highs basically driving the price into 1.00 it will in time come out from 1.00 and that’s the trend we need.
Elliott Wave: Wave C of Triangle (E) below 1.00 (see 4 Hour Chart) A move above 1.0030 creates a larger corrective and a different wave structure, we will talk about this if it occurs
Forex Trading Strategy:  Continue to scalp through the sublevels while around 1.00

Day Trading: Technical Analysis US Dollar

Currency US Dollar CFD: 80.66
Technical Analysis
there’s not much movement in currencies or Indices. 
The Dollar is basically going to stick to 80 TL8 and for a solid trend up would come from a support off the 80, it is very early days yet, the price is still working through the first high above the level TL8. Drilling down into the first high above the level, the price should make another high above the last high then fold down to 80. If you are going to trade it long then you would have to wait for 81.00 to develop as support with stops under the SG2 {80.65|80.72|80.80} without this support the price has bias to fold back to 80 from under the 81.00. You should also consider working longs through SG1 in the right way, that is scaling in through SG1, this way the market is proving itself, sure it’s less profitable but its more profitable over the long run because you have control the exposure

Technical Analysis Elliott Wave Usd/Chf
Monday, 20 February 2012 at 10:00:00PM AEST

Elliott Wave Usd/Chf extended losses this morning, and now we see possibility of wave three of three sell-off headed to 0.9060 region, where we have typical 161.8% extensions target for wave three. If pair will fall to that zone, then we will focus on short in minor red wave iv).

This pair is clearly bearish now, and will remain bearish as long as pair remains below 0.9160.