SPECIAL UPDATES: EUR/USD

Weekly Chart

Just like Cable, Euro also started its gains against US Dollar from the start of the new millenium. Currently, the pair unfold exactly the same pattern like GBPUSD, where Euro are currently in the 3rd Wave of the larger degree.

4 Hours Chart

At 4-Hours Chart, the pair look synchronized with the weekly one. Currently, the pair rests at 1.4134 area. Euro rallied two ways upon the released data of Non Farm Payroll on Friday, completing the Wave [ IV ] of the larger degree. However, we still don't know, whether the pair has really completed the Wave [ IV ], or it will continue the corrective moves.

*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

SPECIAL UPDATES: GBP/USD

Weekly Chart

From 2000, Cable started to gain momentum against its USD counterparts. We can see Cable are currently in the wave (iii) of the larger Wave [ III ].

4 Hours Chart

At 4-Hours Chart, the pair look synchronized with the weekly one. Currently, the pair rests at 2.0420 area. Cable are currently forming the 3rd Wave Extension, and has one final wave to complete the wave (iii) of Wave [ III ]. After the completion of the 3rd Wave, we can predict the possible retracement using Fibonacci.

*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

SPECIAL UPDATES: USD/CHF

Weekly Chart

We still can't find the larger degree waves for the pair. We only manage to figure out those labeled waves as seen on the chart. We are very sorry for the inconvenience and we are still working on it.

4 Hours Chart

Just like the weekly chart, we still can't find the larger degree waves for the pair at the 4 hours chart either. We only manage to figure out those labeled waves as seen on the chart. We are very sorry for the inconvenience and we are still working on it. However, we still can detect the pair direction using Fibonacci analysis.

*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

SPECIAL UPDATES: USD/JPY

Weekly Chart

From 1998, USDJPY started to unfold the corrective waves. Since it formed a triangle, the pair has one final wave (e) to complete the Wave [ II ] of the larger degree.

4 Hours Chart

At 4-Hours Chart, the pair look synchronized with the weekly one. Currently, the pair rests at 116.98 area. Just like GBPJPY and EURJPY, the pair are currently in the 3rd Wave of the larger degree. We still don't know, whether the pair are ready for a short term retracement, or it will continue the journey to the north. If the retracement occurs, it will be easier for us to predict next target using Fibonacci analysis.

*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

SPECIAL UPDATES: EUR/JPY

Weekly Chart

At the weekly chart, we can see Euro started to gain momentum at August 2000. We can see clearly that EURJPY are currently on the 5th Wave Extension. It has one final wave (v) to complete the whole sequence of Wave [ I ] of the larger degree.

4 Hours Chart

At 4-Hours Chart, the pair look synchronized with the weekly one. Currently, the pair rests at 165.36 area. As we can see, EURJPY are currently in the 3rd Wave of the larger degree. We still don't know, whether the pair are ready for a short term retracement, or it will continue the journey to the north. If the retracement occurs, it will be easier for us to predict next target using Fibonacci analysis.

*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

SPECIAL UPDATES: GBP/JPY

Weekly Chart

At the weekly chart, we can see Cable started to gain momentum at July 1994. We labeled the whole rally from Low 127.00++ area to April 1998 High at 238.00 ++ area as the Wave [ I ] of the larger degree. The rally really looks impulsive, and we can see a clear 5-waves pattern upwards. Then, after finding its peak at 1998, Cable started to lose, followed by the World Economic Crisis at that time, the chart formed a corrective a-b-c waves. This whole corrective sequence we labeled as Wave [ II ] of the larger degree. Now, the main problem with our counting is, after the correction, GBPJPY went up again as it should according to Elliott Wave theories, but we found some choppy and overlapped waves as shown in the Circle Area. According to Elliot Wave theory, the whole rally to 2007 High at 250.10 can be counted as the Wave [ III ] of the larger degree. Because of these overlapped and choppy waves, we still can't label the smaller waves properly. But, what is certain is, the whole rally upwards are the 3rd Wave of the larger degree.

4 Hours Chart

At 4-Hours Chart, the pair look synchronized with the weekly one. As mentioned in our previous post, if GBPJPY can break the 233.00 area, it can go higher. Currently, the pair rests at 238.89 area. The whole rally from final Wave (e) of [ II ], can be labeled as Wave (i) as it look impulsive. We still don't know, whether the pair are ready for a short retracement, or it will continue the journey to the north. If the retracement occurs, it will be easier for us to predict next target using Fibonacci analysis.

*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

OCTOBER SPECIAL UPDATES

Dear valued visitors and subscribers,

We really appreciate your support and compliments. Therefore, we'll try our best in providing our services and give the best forecasts. Thank you very much once again.

During this first week of October 2007, we would like to provide a special updates: we'll focus on 4-Hours Time Frame and the larger one at Weekly Time Frames. By these, we'll see a clearer view, on where the possible direction of each pair. In few hours, please check our site for the updates.


Keep on supporting us. Thank you very much.


To Our Success,

Elite Bisnes Team