EURNZD Gets Rejected in Blue Box and Makes New Lows
EURNZD this week dropped to a new low and traded at it's lowest level since 21st February 2020. The recent decline started after sellers entered in our blue box area.…
Possible Long Term Elliott Wave Structures for USDCHF
The Swiss franc is a currency that is always in the hurricane of the Forex because on several occasions the Swiss National Bank has intervened to prevent a continued appreciation…
NZDUSD: Strong Rally from Elliott Wave Blue Box Makes New Highs
New Zealand Dollar (NZDUSD) rallied on Friday last week and Monday this week and managed to make a new high above 0.6914 peak. Let's take a look at some charts…
Elliott Wave View: Bitcoin Closing in to All-Time High
Elliott Wave view in Bitcoin suggests the decline to $14351 ended wave 4. The crypto currency has since rallied higher in wave 5. The internal of wave 5 is unfolding…
Virus Vaccine Hopes Support New Zealand Dollar
Two weeks' back-to-back good news on virus vaccine from Pfizer and Moderna have buoyed risk sentiment. Overnight news reports Moderna's COVID-19 vaccine has even a better 94.5% efficacy rate and…
Elliott Wave View: USDJPY Rallies Higher Together with Indices
Short term Elliott Wave View in USDJPY suggests it is correcting the cycle from March 24 high. Structure of the correction is unfolding as an expanded Flat Elliott Wave structure.…
Elliott Wave View: Bitcoin Ending Impulsive Rally
1 Hour chart in Bitcoin (BTCUSD) below shows that the crypto currency is ending a wave 5 impulsive rally from September 8 low. The subdivision of wave 5 is unfolding…
EURJPY Forecasting The Decline From Blue Box Area
In this technical blog, we are going to take a look at the past performance of EURJPY, 4-Hour Elliott wave Charts that we presented to our members. But before looking into the Charts,…
Elliott Wave View: EURUSD Looking for Support Soon
EURUSD still shows an incomplete sequence from September 1 peak and has scope for further downside. Decline from September 1 peak is unfolding as a double three Elliott Wave structure. Down…
