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…
Elliott Wave View: Dollar Index (DXY) Could Extend the Rally Higher
Short-term Elliott wave view in Dollar Index suggests cycle from October 28 low is in progress as a 5 waves impulse Elliott Wave structure. Up from October 28 low, wave…
GBPUSD Elliott Wave View: Blue Box Should Find Sellers
Short-term Elliott wave view in GBPUSD suggests that October 20, 2021, high is showing a lower low sequence favoring more downside to take place. Down from that peak, the decline…
EURUSD Elliott Wave View: Further Weakness Expected
Short Term Elliott Wave view on EURUSD suggests the decline from October 28 peak is unfolding as a 5 waves impulse Elliott Wave structure. Down from October 28, wave (i)…
Elliott Wave View: Dollar Index (DXY) Continues To Be Supported
Short Term Elliott Wave view on Dollar Index (DXY) suggests the rally from October 28, 2021 low is unfolding as a 5 waves impulse. Up from October 28 low, wave…
