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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GBPNZD Forecasting the Rally after ZIGZAG
Read MoreIn this technical blog we’re going to take a quick look at the past Elliott Wave charts of GBPNZD published in members area of the website. As our members know, we have been calling for the recovery in the pair since the cycle from the April peak ended at 1.8889 low. In further text we’re […]
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USDX Elliott Wave Analysis: Bullish Sequence Calling Higher
Read MoreUSDX short-term Elliott Wave view suggests that the decline to 94.18 on 6/25 low has ended correction to the cycle from 6/7/2018 low as Intermediate wave (X). The internals of that pullback unfolded as a Flat correction where Minor wave A ended in 3 swings at 94.53, Minor wave B ended in 3 swings at […]
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GBPAUD Incomplete Sequences Calling The Rally
Read MoreHello fellow traders. In this technical blog we’re going to take a quick look at the past Elliott Wave charts of GBPAUD published in members area of the website. As our members know GBPAUD has been showing incomplete bullish sequence: 5 swing in the short term cycle from the June 4th low. These types of […]
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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, […]