In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of NZDJPY. In which, the rally from 24 March 2023 low unfolded as an impulse sequence and showed a higher high sequence. Therefore, we knew that the structure in NZDJPY is incomplete to the upside & should extend higher. So, […]
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GBPUSD May See Support Soon From Inflection Area
Read MoreGBPUSD is looking to end 5 waves impulse soon. This article and video look at the short term Elliott Wave path of the pair.
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Bitcoin Perfect Reaction Higher From Blue Box Area
Read MoreIn this blog, we take a look at the past performance of Bitcoin charts. The BTCUSD produced a perfect reaction higher from blue box area.
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GBPJPY Elliott Wave View: 5 Swings Down Suggests Correction To Extend
Read MoreGBPJPY has ended a cycle from 14.12.2023 low. Up from 14.12.2024 low, wave (1) ended at 191.32 and pullback in wave (2) is in progress. The pair resumes lower in wave ((i)) with internal subdivision as 5 waves. Down from wave (1), wave (i) ended at 190.34 and wave (ii) pullback ended at 190.99. Pair […]
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Dollar Index (DXY) Should Continue Lower
Read MoreDollar Index (DXY) shows incomplete bearish sequence favoring more downside. This article and video look at the Elliott Wave path for the Index.
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Renminbi (USDCNH) Bullish Corrective Sequence is still Incomplete
Read MoreIn the last years, the renminbi made a pause in his attempt to get stronger against USD dollar. In February 2014, renminbi found support at 6.0153 as wave ((III)) and from there it made a perfect zig – zag correction structure to equal legs at 7.1964 in June 2020. After these 3 swings, USDCNH should […]
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AUDJPY Correction Has Reached Short Term Support Area
Read MoreAUDJPY correction has reached short term support area. This article and video look at the where the support area comes using Elliott Wave Theory.