Forecast

Cable has fallen slightly beneath 1.3900 this week which makes a decline in five waves down from 1.4410 without any overlaps so it looks like that we have an impulsive decline underway.
AUD/USD stays bearish as rally from 0.6900 was made in three waves, but based on latest price action we suspect that wave four will be much more complex than at first sight.

USD/CHF (Swiss franc) was in pullback last week from where we have seen a continu

Short term reading of the Elliott Wave cycle suggests decline to 0.705 ended wave (W) and bounc

Best reading of the Elliott Wave cycle suggests decline to 85.41 ended wave (4).

EURUSD fell sharply lower last week which confirms a continuation of a downtrend.
Dan talks about some challenges that traders may face in 2014. Traders should look at these challenges in 2014 as opportunities and be innovative.
Is the beaten down gold getting ready for a take off? The cues from coin sales by the US Mint and increased inflows into gold ETFs suggest that gold optimism is growing.
It has been uncommon for gold to score single-digit percentage moves either way over the last decade; we see 2014 being an exception. Gold could be described as the 'Marmite' asset class — investors love it or hate it.
It has been uncommon for gold to score single-digit percentage moves either way over the last decade; we see 2014 being an exception. Gold could be described as the 'Marmite' asset class — investors love it or hate it.