Is US Dollar Topping?
The Fed's monetary stance has turned 180 degree this year. Recall last year the Fed talked about shrinking the balance sheet on auto pilot and raising interest rate. The QT…
USDNOK Elliott Wave View: Buying The Short-Term Pullback
In this technical blog, we are going to take a look at the past performance of USDNOK, 1-Hour Elliott wave Charts that we presented to our members. In which, higher…
Elliott Wave View: Bitcoin Has Reached Minimum Daily Target
Short Term Elliott Wave view on Bitcoin (BTCUSD) suggests the decline October 11, 2019 high ($8820) is unfolding as a 5 waves impulse Elliott Wave structure. Down from 8820, wave ((i))…
GBPNZD and GBPAUD Elliott Wave Outlook in Crucial Brexit Final Weeks
UK Prime Minister Boris Johnson successfully negotiated a new Brexit deal with EU. However, last Saturday the Members of Parliament (MP) rejected his campaign to take Britain out of the…
Poundsterling Soars as UK and Irish Leaders Find Pathway to Brexit Deal
The last ditch Brexit talks between British and Irish leaders last week yield unlikely breakthrough. Both leaders issued an upbeat statement after the meeting, saying they see a pathway to…
USDNOK Found Intraday Buyers At The Blue Box Area
In this technical blog we’re going to take a quick look at the Elliott Wave charts of USDNOK published in the membership area of the elliottwave-forecast.com . USDNOK broke September…
Yen Crosses Reaching Extremes. Are They Ready For A Bounce?
In this blog, we would take a look at some Yen crosses to gather the bigger picture and also get an idea of whether they are ready for a bounce…
Elliottwave View: GBPUSD Rally Expected To Fail
Short term Elliott Wave view on $GBPUSD suggests the rally to 1.258 on September 20, 2019 high ended wave (4). Pair has since turned lower within wave (5) which is…
Elliott Wave View: EURJPY Has Resumed Lower
After forming a low on September 3, 2019 at 115.8, EURJPY has rallied in 3 waves. The rally ended at 120.62 and we labelled this bounce as wave 4. As…