In this technical article we’re going to take a quick look at the Elliott Wave charts of Dollar Index DXY , published in members area of the website. As our members know, Dollar is still trading within the cycle from the September’s low.  Recently, we saw a 3-wave pullback, followed by a solid rally as […]

USDJPY extends higher within wave 5 of a diagonal structure. This article and video look at the Elliott Wave path of the pair.

Hello traders. Welcome to a new technical analysis blog post. In this one, the spotlight will be on the Dollar Index – DXY, amid a sustained rally since late September 2024.  The Dollar Index (DXY) has gained about 9% since September. Thus, adding to the overall bullish corrective cycle from the July 2023 low. The […]

EURGBP is looking to do a zigzag correction before resuming lower. This article and video look at the Elliott Wave path of the pair.

EURGBP has been one of the most fascinating currency pairs in the forex market for years. After a minor bounce in July, the pair broke lower again and is now approaching the March 2022 lows. Consequently, we expect the downside to continue for several weeks toward our projected targets. So, when and where should traders […]

EURUSD short term should see further downside. This article and video look at the short term Elliott Wave path of the pair.