AUDJPY Short Term Elliott Wave view suggests that the rally to 90.31 ended Intermediate wave (W). Intermediate wave (X) pullback remains in progress as a double three Elliott Wave structure. Down from 90.31, Minor wave (W) ended at 88.44 and Minor wave (X) ended at 89.68. Near term, while bounces stay below 90.31, expect pair to extend lower towards 87.36 […]

AUDJPY Short Term Elliott Wave view suggests that the rally to 90.31 ended Intermediate wave (W). Intermediate wave (X) pullback remains in progress as a double three Elliott Wave structure. Down from 90.31, Minor wave (W) ended at 88.44 and Minor wave (X) ended at 89.68. Near term, while bounces stay below 90.31, expect pair to extend lower towards 87.36 […]

NZDUSD Short Term Elliott Wave view suggests the rally from 8/31 low unfolded as a double three Elliott Wave structure and ended with Minor wave W at 0.7434. Up from 8/31 low (0.7127), Minute wave ((w)) ended at 0.7337, Minute wave ((x)) ended at 0.7182, and Minute wave ((y)) of W ended at 0.7433.  Minor wave […]

DXY Short Term Elliott Wave view suggests that the decline to 91.01 ended Primary wave ((3)). Primary wave ((4)) bounce remains in progress as a double three Elliott Wave structure. Up from 91.01, Intermediate wave (W) ended at 92.66 and Intermediate wave (X) ended at 91.591. Near term, while pullbacks stay above 91.591, expect Index to […]

NZDUSD Short Term Elliott Wave view suggests that the Index shows a 5 swing sequence from 8/31 low favoring further upside.  Rally from 8/31 low (0.7128) is unfolding as a double three Elliott Wave structure. Up from 0.7128, Minute wave ((w)) ended at 0.7338 and Minute wave ((x)) ended at 91.71. Wave ((y)) is currently in progress and […]

EURJPY Trade Video Clip from 9/14 Live Trading Room We issued a trading recommendation to buy EURJPY on September 14th Live Trading Room (LTR). EURJPY was in wave ((x)) pullback as a zigzag (abc) at the time. We want to buy the dips when wave “c” ends and reaches equal to wave “a”.  The initial entry is […]