NZDUSD Technical Analysis On December 17/2019 EWF clients/members were advised that NZDUSD would bounce/rally higher. We use blue boxes to advise clients of potential reversal areas. In the chart below there is a clear Elliott Wave bullish impulse wave forming and we showed our clients the wave (4) termination in the blue box. Our clients […]

EURUSD Technical Analysis  EURUSD : An Elliott Wave Zig-Zag pattern is a 3 wave (A,B,C) pattern consisting of a 5-3-5 wave structure. 5 waves for the wave A, followed by 3 waves for wave B and finally another 5 waves for wave C to complete the Zig Zag pattern. The Zig Zag pattern is a […]

GBPAUD Technical Analysis GBPAUD : On July 30/2019 the pair found a bottom and has bounced higher since. GBPAUD, on the daily chart, has been making higher highs and higher lows from the July 30/2019 lows indicating that the pair is trending to the upside. Trading with the trend is always recommended at EWF. After […]

GBPUSD Technical Analysis GBPUSD : On September 3/2019 the pair found a bottom and has bounced higher since. GBPUSD has been making higher highs and higher lows from the September 3/2019 lows indicating that the pair is trending to the upside. Trading with the trend is always recommended at EWF. Near the start of December […]

AUDJPY Technical Analysis December 1/2019 AUDJPY : A possible bullish pattern is visible on the Daily time frame. The blue bullish pattern still needs to make a push lower to complete point D at the BC 0.50% Fib. retracement level where AUDJPY can possibly bounce higher from. If price extends higher above the AB 2.24% […]

AUDJPY Technical Analysis December 1/2019 AUDJPY : Possible bearish patterns are visible on the 4 hour time frame. The pink bearish pattern still needs to make a push higher to complete point D at the BC 0.50% Fib. retracement level and the orange bearish pattern also needs to make a push higher to complete point […]