EURCAD Incomplete Bearish Sequence Pointing Lower
In this blog, we are going to take a look at the Elliott Wave chart of EURCAD. The 4 hour chart update from May 29 shows that the pair has…
Elliott Wave View: Further Downside in GBPNZD
GBPNZD broke below 3.19.2020 low (1.9899) creating an incomplete bearish sequence from 3.9.2020 high (2.182). Short term Elliott Wave View suggests the decline from 4.1.2020 high is unfolding as a…
$EURGBP FX Pair Elliott Wave and Longer Term Cycles
$EURGBP FX Pair Elliott Wave and Longer Term Cycles Firstly as seen on the monthly chart below there is data back to January 1975 in the pair. The EUR part being…
Elliott Wave View: Pound Sterling in a New Impulsive Lower
The decline in Pound Sterling from 4.15.2020 high is unfolding as a 5 waves impulsive Elliott Wave structure, Down from 4.15,2020 high, wave 1 ended at 1.2245 and bounce in…
Outlook in Bitcoin after Halving
Retail investors may return to Bitcoin again after the digital currency completed the one-in-four year adjustment called halving. Halving provides less rewards to miners who run high-powered computers to solve…
Elliott Wave View: USDJPY Has Scope for Further Downside
USDJPY shows incomplete lower low (bearish) sequence from March 26, 2020 high and pair has scope to see more downside. The decline from March 26 high is unfolding as a…
Elliott Wave View: GBPJPY Decline Extends in Wave 3
GBPJPY decline from April 9, 2020 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from April 9 high, wave 1 ended at 132.65 and wave 2…
CHFJPY Sellers Appeared At Blue Box Area
In this blog, we are going to take a look at the Elliott Wave chart of CHFJPY. The 1 hour weekend chart update from 26 April shows that CHFJPY ended…
Elliott Wave View: Rally in EURJPY Expected to Fail
EURJPY broke below September 3, 2019 low (115.86) and pair now shows a lower low sequence from February 2018 high and January 2020 high as the video below explains. Near…