ELLIOTT WAVE UPDATES: What's Next?

Bullish Comdolls : Time for retracements?

AUD/USD has been bullish tremendously on Friday (during New York session). As mention in our previous post, the pair are much driven by the rising price of Gold. From Our Fibonacci view, the pair has hit the target level an made a new High of the year, 0.8884. And from the Elliot Wave view, we can see that it has completed the 3rd Wave of the larger degree. Beware, our prediction is not guaranteed to be accurate. Always control your risk and don't be greedy.

NZD/USD has also been bullish on Friday (during New York session). But, the pair are quite 'left behind' from the AUD/USD pair. From Elliott Wave view, we have TWO possibilities here:

1) Kiwi has completed the 3rd Wave of the larger degree.

2) Kiwi is currently in an extended 3rd Wave.

From our Fibonacci analysis, Kiwi is currently heading to 0.7606. Beware, our prediction is not guaranteed to be accurate. Always control your risk and don't be greedy.

USD/CAD also showed a breakout move. After hitting the parity last week, the pair has made a new Low again at 0.9911. The moves were much encouraged by the bullish Oil as well, which also made a new High at 81.07. It did hit the Fibonacci 161.8% level. From the Elliott Wave view, USD/CAD look to have completed the 3rd Wave of the larger degree. Beware, our prediction is not guaranteed to be accurate. Always control your risk and don't be greedy.

GBP/USD has started the engine?

From our Fibonacci view, Cable has hit 1st and 2nd Target. IF, current wave are the smaller degree of the 3rd Wave, then it has the potential heading to north. Beware, our prediction is not guaranteed to be accurate. Always control your risk and don't be greedy.

EUR/JPY heading to north?

From our Fibonacci analysis, if the pair can break current High at 163.97, then it has the potential to hit:

1st Target: 164.74

2nd Target: 165.78

3rd Target: 166.04

Beware, our prediction is not guaranteed to be accurate. Always control your risk and don't be greedy.

GBP/JPY heading to 236.15?

From our Fibonacci analysis, it tells us that the pair will be heading to 236.15, that will be 200pips more. Beware, our prediction is not guaranteed to be accurate. Always control your risk and don't be greedy.

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