Thursday, September 13, 2007

ELLIOT WAVE UPDATE: Improving the Wave Count on USD/CAD

Previously, we predict that USDCAD have one final wave (C) to complete the corrective waves. But, current movement proved us wrong, and USDCAD are currently looking impulsive on the way to parity. The huge downwards moves are much driven by the increasing price of oil. Whereas, Canada is the biggest exporters of Crude Oil to United States.



THESE SIGNALS/ ANALYSIS ARE PURE FROM OUR TEAM. PLEASE APPRECIATE OUR HARD WORK AND DON'T BE A COPYCAT.


To Our Success,

Elite Bisnes Team






ELLIOT WAVE UPDATE: EUR/USD to complete the 3rd Wave Cycle?

Current Situation

EURUSD moves nicely in upward direction. There are two possibilities

1) EURUSD are in the extended wave of wave (III)

2) EURUSD has completed the wave (III) and are now looking for a retracement of wave (IV)



THESE SIGNALS/ ANALYSIS ARE PURE FROM OUR TEAM. PLEASE APPRECIATE OUR HARD WORK AND DON'T BE A COPYCAT.


To Our Success,

Elite Bisnes Team







ELLIOT WAVE UPDATE: Improving the Wave Count on USD/JPY

From our previous Wave Count on USDJPY, we predict that the pair has one more wave down to complete the cycle. But, after revising the charts, the movement upwards which saw the labeled 'wave (iv)' has retraced into the wave (i) territory which is invalid to the wave principle. Actually, the pair has completed the 5 waves down earlier. Now, it is expected that USDJPY are on the 3rd Wave cycle.


THESE SIGNALS/ ANALYSIS ARE PURE FROM OUR TEAM.
PLEASE APPRECIATE OUR HARD WORK AND DON'T BE A COPYCAT.


To Our Success,

Elite Bisnes Team