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…
AUDUSD Shows Bearish Sequence
Commodity currencies have been in the decline this year against US Dollar as a result of market's expectation of the Fed's rate hiking cycle. A falling Australian Dollar will make…
Elliott Wave View: CADJPY Looking to Find Support
Elliott Wave view in CADJPY suggests cycle from October 21, 2021 peak is in progress as a zigzag structure. Down from October 21 peak, wave (A) ended at 90.40, and…
Elliott Wave View: Silver Looking to End 5 Waves
After forming the peak on February 1, 2021 at 39.09, Silver (XAGUSD) has been in multi-month pullback. The decline from February 1 peak is unfolding as a 5 waves diagonal…
Elliott Wave View: 5 Swing Sequence in NZDUSD Favors Downside
NZDUSD broke below August 20, 2021 low (0.6805) and now shows a 5 swing sequence from February 25, 2021 high favoring more downside. A 5 swing sequence is an incomplete…
$RUB: Rouble Should See Strength within a Triangle
Back in December 2020, we presented within the main article both the monthly and the daily view in the USDRUB. Long-term, the pair should provide a resolution thrust higher out of a…
