Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of NZDUSD.   As our members know, NZDUSD is showing incomplete bearish sequences in the cycle from the February 2021 peak. Recently the pair gave us 3 waves bounce against the 0.7217 peak. Recovery unfolded as Elliott […]

Elliott Wave is one of the technical tools that traders use to determine the market’s path. Traders typically use the wave theory and apply it in different time frames to forecast a future path of the instrument. The smaller time frame would show the smaller cycles which together form the larger cycles in the larger […]

The breakthrough of technology has led to an increase in automated processes in every organization. Companies have also shifted their production to automated processes. Spending on robotics and drones is expected to reach $128.7 billion in 2020. Robotic spending alone is expected to reach $112.4 billion, as per IDC. This offers an exciting investment opportunity […]

EURUSD has ended corrective rally on January 14, 2021 high and resumed lower. this article and video look at the Elliott Wave path.