Hello fellow traders. In this technical blog we’re going to take a quick look at the charts of NZDUSD . In further text we’re going to explain the Elliott Wave structure, forecast and trading strategy. As our members know, we were keep saying that NZDUSD has had incomplete bearish sequences in cycle from the July […]

In this blog, I want to share some short-term Elliott Wave charts of AUDNZD which we presented to our members in the past. Below, you see the 1-hour updated chart presented to our clients on the 07/8/18 showing that AUDNZD reached our high-frequency trading blue box area. AUNZD ended the cycle from 06/19 low, at the high of […]

USDJPY short-term Elliott Wave view suggests that the rally to 111.13 high ended Minute wave ((i)). Down from there, the pullback to 110.24 low ended Minute wave ((ii)). The internals of that pullback unfolded as a Flat Elliott Wave structure where Minutte wave (a) ended in lesser degree 3 swings at 110.77. Then bounce to […]

AUDUSD short-term Elliott Wave view suggests that the decline to $0.7308 low ended Intermediate wave (A) of a possible Zigzag structure coming from 6/06/2018 peak ($0.7676). Above from there, the 3 waves recovery to $0.7484 high ended Intermediate wave (B) bounce. The internals of that Intermediate wave (B) unfolded as Elliott Wave Zigzag correction where […]

EURJPY short-term Elliott wave analysis suggests that the decline to $126.63 on 6/19 low ended intermediate wave (2) pullback. Up from there, intermediate wave (3) remains in progress as Elliott wave impulse. The internals of Minor wave 1 is unfolding as a leading diagonal with sub-division of 5-3-5-3-5. Up from $126.63 low, Minute wave ((i)) […]

NZDJPY recently broke below 5/29/2018 (74.54) low due to which there are a lot of bearish forecasts around, some extremely bearish and some less bearish. In this blog, we will look at whether new lows have made NZDJPY turn extremely bearish or this decline is an NZDJPY buying opportunity. Back in May this year we […]