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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USDSGD Showing Incomplete Elliott Wave Structure To The Upside
Read MoreUSDSGD short-term Elliott wave view suggests that the decline to 1.3299 on 6/07 low ended primary wave ((X)) pullback. Above from there, the pair rallied higher and went on to make a new high for this year creating 5 swing incomplete sequence to the upside from 1/25/2018 low. This sequence is represented by the bullish […]
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Elliott Wave View: USDJPY Support Around The Corner?
Read MoreUSDJPY short-term Elliott wave view suggests that the rally to 110.91 high ended Minor wave 1 & also the cycle from 5/29 low. The internals of that rally higher unfolded as Elliott wave leading diagonal where Minute wave ((i)) ended at 110.27 high in 5 waves, Minute wave ((ii)) pullback ended at 109.17, and Minute wave […]
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Elliott Wave Analysis: GBPUSD Showing Incomplete Sequence
Read MoreGBPUSD short-term Elliott Wave view suggests that the recovery to 1.3473 on 6/07/2018 peak ended primary wave ((B)) bounce as double three structure. Below from there, the pair has managed to break below the previous low on 5/29 (1.3203) to confirm the next extension lower in primary wave ((C)) has started. With this break lower, […]
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NZDUSD Elliott Wave Analysis: Ready For Recovery?
Read MoreNZDUSD short-term Elliott Wave view suggests that the bounce to 0.7060 high ended intermediate wave (4). Down from there, the decline is unfolding as Impulse Elliott Wave structure where sub-division of Minute wave ((i)), ((iii)) & ((v)) are unfolding in 5 waves within a lesser degree cycle. On the other hand, the corrective Minute degree wave ((ii)) & […]
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AUDNZD Elliott Wave Analysis: Selling The Rally
Read MoreHello fellow traders. Today, we will have a look at some Elliott Wave charts of the AUDNZD which we presented to our members in the past. Below, you can find our 1-hour updated chart presented to our members on the 06/12/18 calling for more downside after a Double Elliott wave correction in blue wave (w)-(x). AUDNZD had […]
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EURJPY Elliott Wave View: Starting The Next Leg Higher
Read MoreEURJPY short-term Elliott wave view suggests that the rally from 5/29 low (124.59) to 6/07 high (130.276) ended intermediate wave (1). The internals of that rally higher unfolded as Impulse Elliott Wave structure where subdivision of Minor 1, 3 and 5 unfolded also as an impulse in lesser degree. Down from there, the pair made a 3 […]