Currency pair = USD/CAD

USD/CAD Elliott Wave Signal.

Elliott wave Signal for Short term trade setup.

TimeFrame = Daily for Medium term.

Signal = Buy Limit at 0.9570-0.9600 area

Target Profit = between 0.9870~0.9900 area.

Stop Loss = at 0.9500 area.

Calculated Trade Risk Level = 0.5+(high risk)

USD/CAD Elliott wave Analysis :-

It seem that our signal has been triggered on last Friday and USD/CAD is now still hovering at 0.9600 area.

For those who did not have any position yet may consider our today’s elliott wave signal update.

We are still expecting a medium term correction towards first resistance at 23.6% of fibonacci retracement at 0.9850~0.9900 for the first target.

For current down move, USD/CAD still have a little momentum with expected new low between 0.9550~0.9600 area.

Try to find the best entry in that area and trade the first wave correction as we calculated.

Latest USD/CAD market analysis using elliott wave principle :-

Popularity: 8% [?]

Currency pair : GBP/USD.

GBP/USD Elliottwave Signal :-

TimeFrame = Daily (Medium Term with High Risk Trade)

Signal = Sell Limit at 2.0600-2.0630 area.

Risk Reward Ratio = 2.3+ (High risk)

First target profit at 2.0350 area.Second is lower at below 2.0250 area.

Stop Loss is between 2.0750-2.0770 area.

Great Britain Pound Elliott wave Analysis :-

Previous GBP/USD elliot wave signal was a success with our target profit within three days after our pending signal has been triggered.

Market boost up immediately on the next day to trade above 2.0500 area.

For today signal we expecting GBP/USD continue to trade above 2.0500 area in short term.It will probably gonna reach 2.0600 area or even higher towards 2.0700 level.

We no gonna trade the bullish but we trade the bigger medium term correction to a new low.I’m expecting a bigger degree of wave c down just after wave b has been completed anytime in next week.

Below is our latest illustrated GBP/USD counting with Elliott wave pattern ideas :-

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