Elliott Wave Suggests Short Term Bullish Outlook in GBPJPY
Cycle from 1.3.2023 low is in progress as a 5 waves impulsive Elliott Wave structure. Short Term Elliott Wave Chart below shows that wave (2) ended at 165.4 and pair…
Elliott Wave Forecast: $USDCHF Rally Should Fail for More Downside
The 45 minutes chart below shows $USDCHF ended wave 1 at 0.885 and rally in wave 2 ended at 0.899. Internal subdivision of wave 2 unfolded as a double three…
AUDJPY Resumes Lower in 7th Swing of Elliott Wave Double Three
The decline from 9.13.2022 high in $AUDJPY shows a 5 swing Elliott wave sequence suggesting further downside is likely. Near term, rally from 3.24.2023 low ended in 3 swing at…
GBPCAD Another Blue Box Offered Another Buying Opportunity
In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of GBPCAD. In which, the rally from the 10 February 2023 low unfolded…
EURAUD: Wave 2 Found Buyers At Blue Box Area
Hello Traders, in this article we will go through how EURAUD reacted higher after reaching a blue box area. Here at Elliott Wave Forecast we have in place a system…
Elliott Wave Suggests USDJPY May See Sellers Soon
Cycle from 3.24.2023 low in USDJPY is unfolding as a double three Elliott Wave structure. Up from 3.24.2023 low, wave (W) ended at 133.75 and pullback in wave (X) ended…
Elliott Wave Sequence Suggests GBPUSD Favors Higher & Remain Supported
GBPUSD ended 5 wave impulse Elliott Wave sequence as wave 1 of (C) at 1.2525 high on 4/04/2023 started from 3/08/2023 low. It already confirmed higher high sequence against September-2022…
DXY (US Dollar) Elliott Wave Sequence Favors Lower
DXY (US Dollar) Showing 5 swings impulse Elliott wave sequence lower from the 3/08/2023 high, which ended at $101.415 low on 4/05/2023. Above there, it favors a corrective bounce in…
Elliott Wave Projects GBPUSD Pullback Should Continue to Find Support
$GBPUSD broke above previous peak on 1.23.2023 high at 1.2448 and now shows a bullish sequence from 9.26.2022 low. Cycle from 3.8.2023 low is currently in progress as a 5…
