GBP/AUD Long and Medium Term Counts - Since the March 2013 low at 1.4375 we have seen a very strong rally to 1.7483, which marks wave 1 and wave 2 was a shallow decline to 1.6641 barely correcting 23.6% of wave 1. This is a sign of underlying strength and a sign that wave 1 extended. When wave 1 extends normally the top of wave 5 will come in at distance traveled in wave 1 added to the bottom of wave 2, which in this case will call for wave 5 at 1.9749. However a much more bullish count could be unfolding, which only had wave (i) of 3 from 1.6641 to 1.9186 and wave (ii) corrected a little more than 50% of wave (i) and wave (iii) higher is now unfolding towards at least 2.1704 and possibly higher. However, time will have to show, which count is the correct one.

GBP/AUD Long and Medium Term Counts - Since the March 2013 low at 1.4375 we have seen a very strong rally to 1.7483, which marks wave 1 and wave 2 was a shallow decline to 1.6641 barely correcting 23.6% of wave 1. This is a sign of underlying strength and a sign that wave 1 extended. When wave 1 extends normally the top of wave 5 will come in at distance traveled in wave 1 added to the bottom of wave 2, which in this case will call for wave 5 at 1.9749. However a much more bullish count could be unfolding, which only had wave (i) of 3 from 1.6641 to 1.9186 and wave (ii) corrected a little more than 50% of wave (i) and wave (iii) higher is now unfolding towards at least 2.1704 and possibly higher. However, time will have to show, which count is the correct one.

GBP/AUD Long and Medium Term Counts

Since the March 2013 low at 1.4375 we have seen a very strong rally to 1.7483, which marks wave 1 and wave 2 was a shallow decline to 1.6641 barely correcting 23.6% of wave 1. This is a sign of underlying strength and a sign that wave 1 extended. When wave 1 extends normally the top of wave 5 will come in at distance traveled in wave 1 added to the bottom of wave 2, which in this case will call for wave 5 at 1.9749. However a much more bullish count could be unfolding, which only had wave (i) of 3 from 1.6641 to 1.9186 and wave (ii) corrected a little more than 50% of wave (i) and wave (iii) higher is now unfolding towards at least 2.1704 and possibly higher. However, time will have to show, which count is the correct one.

Ananyavrat
2016-06-24
Hi Surfer,

Super calls !! And analysis.

Bravo for your brexit call !!
Whats next?

Ull need to update all indices!

Ananyavrat
Duane
2014-08-29
Hey EWS,

Great work on the GBPCAD and the NZDCAD. These are the type of opportunities that I am looking for, monthly turns caught with daily or hourly entries. Easy money!!

Duane
Duane
2014-05-26
Great job this week!! Wish that I had more capital to capitalize on all of your great calls! The ones that I have managed to catch have been extremely profitable. I really appreciate you sharing you v...