NZDJPY decline from 7.27.2017 (83.91) is so far in 5 swings which is an incomplete bearish sequence. In Elliott wave terms, decline is taking the form of a  double three (WXY) structure where wave (A) of ((W)) ended at 78.09, wave (B) of ((W)) ended at 82.75 and wave ((W)) completed at 76.09. Rally to […]

A couple of days ago, we saw ZW #F (Wheat Futures) breaking above 3.2.2018 peak with an impulsive looking rally. Aim of this blog is to take a closer look at the rally from 3.29.2018 low and also look at the implications of the break above 3.2.2018 peak. Wheat Futures: Impulsive Elliott Wave Rally From […]

In this blog, we will take a look at Gold charts against US Dollar, AUD and GBP. Back in June 2017, we mentioned that XAUAUD should hold the low at December 2016 and turn higher. It did hold December 2016 lows and turned higher as expected. It has now reached the initial target at 1755 […]