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By EWFHendra     February 17, 2021    - 2 min read

Risk Appetite Bolster Yen Pairs

The Japanese Yen is weak against all other most-traded currencies, demonstrating market sentiment favoring riskier currencies. Japanese Yen is traditionally considered as safe haven currencies, and it tends to appreciate…

By EWFHendra     February 16, 2021    - 1 min read

Elliott Wave View: Buying the Dips in GBPUSD

Short term Elliott wave view in GBPUSD suggests the pullback to 1.3562 ended wave ((ii)). Internal of the decline unfolded as a triple three structure. Down from wave ((i)) high…

By Hassan Sheikh     February 12, 2021    - 2 min read

AUDJPY Elliott Wave View: More Upside Is Expected

Short term Elliott wave view in AUDJPY suggests that the main cycle from March low is showing a higher high sequence favoring more upside. While in the chart below, the…

By EWFHendra     January 29, 2021    - 1 min read

Elliott Wave View: 5 Waves Rally in EURJPY Favors More Upside

Short Term Elliott Wave View in EURJPY suggests the decline to 125.07 low ended wave 2. Pair has started to turn higher in wave 3 as an impulsive structure. Rally…

By EWFHendra     January 28, 2021    - 1 min read

Elliott Wave View: Further Upside in USDJPY

Short Term Elliott Wave View in USDJPY suggests the rally from January 6 low is unfolding as a zigzag Elliott Wave structure. Up from January 6 low, wave A ended…

By EWFHendra     January 22, 2021    - 1 min read

Elliott Wave View: Impulsive Rally in NZDUSD

Short Term Elliott Wave view in NZDUSD suggests the pair ended wave ((2)) pullback at 0.7093. This pullback ended correction of the cycle from September 24 low. Internal of wave…

By EWFHendra     January 20, 2021    - 1 min read

Elliott Wave View: Ethereum Has Resumed Higher in Wave 5

Short Term Elliott Wave view in Ethereum (ETHUSD) suggests the decline to 913.59 ended wave ((4)). The crypto currency has now resumed higher in wave ((5)). Internal subdivision of wave…

By EWFHendra     January 19, 2021    - 2 min read

Pound Sterling Gains as UK Accelerated Vaccine Programme

Pound sterling continues to gain against other major currencies as the risk of a hard Brexit is now off-table. Last week, the currency also got a boost after Bank of…

By EWFHendra     January 19, 2021    - 1 min read

Elliott Wave View: Dollar Index Correction In Progress

Short Term Elliott Wave structure in Dollar Index (DXY) suggests the decline to 89.209 on January 6 low ended wave (3). Wave (4) bounce is currently in progress and the…