Gregor Horvat, based in Slovenia, has been in the forex markets since 2003. He is a technical analyst and individual trader who has worked for Capital Forex Group and TheLFB.com. He also is founder of forex services on www.ew-forecast.com. EW-Forecast.com provides technical analysis of the financial markets, highlighting behavioral patterns based on the Elliott Wave Principle (EWP). Website: http://www.ew-forecast.com

GBPUSD May See Limite Upside and Reverse Sharply

Elliott wave analysis on GBPUSD. GBPUSD can be unfolding a ending diagonal pattern, which can suggest limited upside and a sharp reversal.

Continue Reading...

Elliott Wave View: EURUSD Trading In A Bullish Impulse; Final Wave In Progress

Good day traders! Today's article is about EURUSD and its daily time frame. Daily chart of EURUSD shows us a five-wave bullish impulse in progress since December of 2017. We

NZD/USD Back In Downtrend, Crude Oil Testing Neckline-Elliott Wave Video

Good day traders! We have seen some nice breakdown on NZD/USD last week, a push below two-year old trendline support which means that pair can be in a new

Elliott Wave Analysis: USD Index At Do or Die Zone

EUR, GBP, and CHF do not show us any interesting price structure at the moment against the US dollar, so we are trying to avoid these pairs for

Elliott Wave Analysis: EURUSD Looking For A Final Push Higher

Good Sunday traders! Hope you had a nice weekend, and a pleasant Sunday. Let's take a look at EURUSD and its mid-term look. On the daily chart of

Elliott Wave Analysis: USDJPY and Sugar

USDJPY is falling, giving us an idea about a completed correction within wave D). That said, current fall may now be a new three-wave move in progress, with

Elliott Wave Analysis: Gold Trapped In a Triangle

Good morning traders. Today, let's take a quick peek at Gold and its mid-term development. We see Gold trading in a big, choppy, overlapping and sideways price action since

Elliott Wave Analysis: Powerfull Pattern On S&P500 Forming

Good day traders! Let's look at stocks, S&P500 in particular and its price pattern. On the S&P500 we can see that a potential top is forming as recovery looks

Elliott Wave Analysis: USDCHF Looking Lower

Good day traders! Let's look at USDCHF. USDCHF made a new drop lower, which we now see it as start of a new potential five-wave cycle. If so, then

Elliott Wave Analysis: EURUSD Recovery

Good day traders! Today's focus is on EURUSD. Price turned sharply higher in the last couple of days on EURUSD and breached nicely above the first swing high of