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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USDCAD Extending Lower As Elliott Wave Impulse
Read MoreUSDCAD short-term Elliott Wave view suggests that the bounce to 1.2998 on 5/08 high ended primary wave ((2)). Below from there, primary wave ((3)) remains in progress as an Impulse Elliott Wave structure looking for more downside extension. In Impulse wave, the subdivision of wave 1, 3, and 5 is also an impulse structure of […]
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USDJPY Elliott Wave View: Ending 5 Waves Impulse Soon
Read MoreUSDJPY Short-term Elliott wave view suggests that the pullback to 108.62 on 5/04 low ended Minor degree wave 4. Above from there, the rally is unfolding as a 5 waves Elliott Wave structure, also known as Impulse. It’s important to note that the sub-division of Minor wave 1, 3 & 5 are also impulsive in […]
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EURAUD Reaching The Extremes in March 28th Cycle
Read MoreHello fellow traders. In this technical blog we’re going to take a quick look at the charts of EURAUD published in members area of the website. In further text we’re going to explain Elliott Wave Forecast and Swings count. EURAUD Elliott Wave 4 Hour Chart 5.15.2018 EURAUD has made important break on May 10th, making short […]
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NZDJPY Elliott Wave View: Down 400 Pips, Is The Decline Over?
Read MoreNZDJPY decline from 7.27.2017 (83.91) is so far in 5 swings which is an incomplete bearish sequence. In Elliott wave terms, decline is taking the form of a double three (WXY) structure where wave (A) of ((W)) ended at 78.09, wave (B) of ((W)) ended at 82.75 and wave ((W)) completed at 76.09. Rally to […]
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EURUSD Elliott Wave Analysis: Strength Can Be Temporary
Read MoreEURUSD Short Term Elliott Wave view suggests that the decline to 1.1821 on 5/09/2018 low ended Primary wave ((3)). The move lower came from 4/17/2018 peak as a 5 waves impulse structure. Above from 1.1821, pair ended the correction of cycle from 4/17/2018 high in Primary wave ((4)) at 1.1997. The internals of that rally […]
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EURCAD: Selling The Elliott Wave Bounces
Read MoreIn this Technical blog, we are going to take a quick look at the past performance of EURCAD Elliott Wave charts that we presented to our clients. We are going to explain the structure and the forecast. As our members knew, we were pointing out that the sequence from March 20 high 1.6153 is incomplete to the […]