CADJPY Perfect Reaction Higher From Equal Legs Area
In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of the CADJPY. The rally from the 07 December 2023 low showed a…
USDCAD Rally Likely Fail in 3, 7, 11 Swing
Short Term Elliott Wave view in USDCAD suggests that rally to 1.354 ended wave (B). Pair has since turned lower in wave (C). However, confirmation is needed to validate this…
EURUSD Short Term Looking for Further Downside
Short term Elliott Wave View suggests $EURUSD ended wave 1 rally at 1.11395. Pair is now doing wave 2 pullback to correct cycle from 10.03.2023 low. Wave 2 subdivides into…
GBPJPY is Showing a Incomplete Bearish Sequence
Short Term Elliott Wave View in GBPJPY shows that it has ended wave ((3)) at 188.66. Pullback in wave ((4)) is currently in progress as a double three Elliott Wave…
USDJPY Shows Incomplete Elliott Wave Bearish Sequence
$USDJPY shows incomplete bearish sequence from 11.13.2023 suggesting further downside. Down from 11.13.2023 high, decline is unfolding as a double three Elliott Wave structure. Down from 11.13.2023 high, wave (W)…
EURUSD Looking to End Impulsive Rally
Short Term Elliott Wave in EURUSD suggests rally from 10.4.2023 low is in progress as a 5 waves impulse structure. Up from 10.4.2023 low, wave ((i)) ended at 1.0694 and…
CHFJPY Impulse Structure Should Extend Higher
CHFJPY continues to make a sequence of higher high suggesting the pair is in a bullish market. Recent impulsive move higher looks incomplete and pair should continue to extend higher.…
GBPUSD Short Term Elliott Wave Structure Suggests Further Upside
GBPUSD shows a 5 swing sequence from 10.4.2023 low favoring further upside. The rally from 10.4.2023 low takes the form of a double three Elliott Wave structure or a double…
Renminbi (USDCNH) Pullback Is Coming Before More Upside
In the last years, the renminbi made a pause in his attempt to get stronger against USD dollar. In February 2014, renminbi found support at 6.0153 as wave ((III)) and…
