In this blog, we will look at the strong rally in NZDJPY which took place this year, talk about the sequence, what it means for the pair and also what our trading strategy is going forward. We will look at a sequence chart and also a chart showing the extreme area down from April 20, […]
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Elliott Wave Favors More Downside in GBPJPY
Read MoreGBPJPY decline from 2.28.2023 is in progress as an impulse. This article and video look at the Elliott Wave path of the pair.
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GBPJPY Elliott Wave Forecasting The Path
Read MoreHello fellow traders. In this article we’re going to take a quick look at the Elliott Wave charts of GBPJPY forex pair published in members area of the website. As our members know, GBPJPY Is trading within the cycle from the February 28th peak. Recently we got 3 waves recovery against 165.98 high . The […]
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USDCHF Reaction Lower From Equal Legs Area
Read MoreHello Traders, today we are going to have a look on how we were able to forecast the reaction lower in USDCHF from equal legs area. The pair was trading within cycle from 02.02.2023 similarly to the low of the USDX. It had ended first leg higher in A alongside a clear connector wave B. […]
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$USDMXN: The Peso Still Needs More Downside, Holding Down The Dollar
Read MoreThe Dollar has been in a fantastic rally since its lows in 2008. It is in the process of ending the cycle as an impulse. This article explains the view and why buying commodities in the dips is a good long-term opportunity. Monthly Dollar Index Elliott Wave Chart The monthly chart above shows the structure of […]
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Elliott Wave Count Suggests Further Upside in USDCAD
Read MoreUSDCAD rally from 2.2.2023 is impulsive and favors further upside. This article and video look at the Elliott Wave path for the pair.
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EURUSD: Pullback Likely To Find Support In Elliott Wave Correction
Read MoreIn short term Elliott wave sequence, EURUSD favors pullback in wave 2 started from 1/26/2023 high before upside resumes in wave 3. It is correcting in wave 2 in 3, 7 or 11 swings against the bullish sequence from 1/06/2023 low and expect to find support at extreme areas before turning higher. Since 1/06/2023 low, […]