Elliott Wave View: AUDUSD Approaching Inflection Area
Elliott wave view in AUDUSD suggests the decline from February 25, 2021 high is unfolding as a double three Elliott Wave structure. Down from February 25 high, wave ((W)) ended…
Elliott Wave View: Bitcoin (BTCUSD) Looking to Extend Higher
The Elliott wave view in Bitcoin (BTCUSD) suggests the rally from December 4, 2021 low is unfolding as a 5 waves impulse. Up from December 4 low, wave 1 ended…
NZDUSD Bearish Sequence Favors More Downside
NZDUSD shows incomplete lower low sequence from February 25, 2021 peak favoring more downside. Below is the daily chart of NZDUSD showing the incomplete bearish sequence NZDUSD Daily Elliott Wave…
GBPUSD Flat Correction Can Reach Another Blue Box Area
Short-term Elliott wave view in GBPUSD suggests that a decline to $1.3160 low ended the cycle from October 20, 2021 peak in wave (A). Up from there, the pair is…
Elliott Wave View: CADJPY Correcting in 3 Waves
Short-term Elliott wave view in CADJPY suggests the decline from October 21, 2021 peak is unfolding as a zigzag Elliott Wave structure. Down from October 21 peak, wave ((A)) ended…
Elliott Wave View: USDCAD Opens Bullish Extension
Short-term Elliott wave view in USDCAD suggests the rally from October 21, 2021 low is unfolding as a zigzag structure. Up from October 21 low, wave (A) ended at 1.2845…
Elliott Wave View: Rally in Nifty Expected to Fail
Short term Elliott Wave View in Nifty suggests cycle from October 19 peak ended at 16796.56 with wave ((A)). Internal subdivision of wave ((A)) unfolded as a 5 waves impulse…
Elliott Wave View: AUDUSD Corrective Zigzag Rally in Progress
AUDUSD shows a 5 swing incomplete bearish sequence from February 2021 peak favoring further downside to complete a 7 swing double three Elliott Wave structure. Short Term Elliott Wave view…
Renminbi Should Continue To Appreciate Against USD In Long Term
In the last years, the renminbi made a pause in his attempt to get stronger against USD dollar. On February 2014, renminbi found support at 6.0153 and from there it…