SEKJPY Breaks below September 2019 to Resume The Decline
Back in October 2019, we mentioned that SEKJPY had reached extreme area down from September 2017 peak and should bounce soon in 3 or 7 swings which should fail for…
CADJPY May See More Downside After BOC Cut Rates
On Friday, Bank of Canada (BOC) made another rate cut for the third time this month. The central bank lowered the interest rate by 50 basis points to 0.25%. This…
EURGBP Elliott Wave: Pair May Find Buyers Soon
Bank of England (BOE) decided to leave interest rate unchanged at a record low of 0.1% last week. This allows EURGBP to correct from seven month highs. After reaching the…
USDNOK Buyers Continue To Respect Blue Boxes
In this blog, we are going to take a look at the Elliottwave chart of USDNOK. The chart from March 13 London update shows that the cycle from March 9,…
US Dollar Continues to Firm As Supply Tightens
U.S Dollar demand is so high as a result of the corona virus pandemic that now there's a squeeze in the credit market. The dollar soared this week as investors…
DXY Elliott Wave View: Pullback An Opportunity For Bulls
Short term Elliott Wave view in DXY suggests that the rally from March 09, 2020 low is unfolding as an Elliott wave impulse structure. And shows a higher high sequence…
USDJPY Elliott Wave View: More Upside Expected
Short term Elliott Wave view in USDJPY suggests that the rally from March 09, 2020 low is showing a higher high sequence favoring a move towards $112.45-$114.17 target area the…
$EURCHF : Euro Swissy soon to end correcting the 2015 cycle
Here, I am going to take a look on weekly and daily charts of Euro Swissy $EURCHF. In a quiet natural way, this cross is a ratio of two pairs:…
AUDNZD Forecasting The Path Lower
In this blog, we are going to take a look at the Elliottwave chart of AUDNZD. The chart below from March 3 update shows that the cycle from November 8,…
