NZDCAD Elliottwave Analysis 1/6/2017

NZDCAD

Below is an Elliott Wave analysis video on NZDCAD. The pair is currently correcting the rally from 8/24/2015 low and could see more downside short term before the rally resumes to new high or at least bounce in 3 waves. If you enjoy this analysis, feel free to try our service --> 14 days FREE trial and get access to Elliottwave charts for 52 instrument in 4 time frames, live sessions, live trading room, 24 hour chat room, and more.   Weekly Chart NZDCAD is showing a … [Read more...]

USDNOK Short-term Elliott Wave Analysis 12.2.2016

1USDNOK 1H20161202094913

Revised short Term Elliott wave cycles suggests that rally to 8.641 ended wave 3 and wave 4 pullback is unfolding as a double three where wave ((w)) ended at 8.447, wave ((x)) ended at 8.543 and wave ((y)) of 4 is in progress towards 8.304 - 8.35 area. Near term, while pullbacks stay below wave ((x)) at 8.543, expect the pair to continue lower towards the target above before turning higher. We don't like selling the pair and expect the pair to find buyers at 8.304 - 8.35 area for at least a 3 … [Read more...]