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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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 […]
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USDCAD Elliott Wave View: Correction May Fail for Extension Lower
Read MoreUSDCAD Short Term Elliott Wave view suggests that the rally to 1.2998 on May 08,2018 high ended Primary wave ((2)). The internals of Primary wave ((2)) unfolded as a Zigzag Elliott Wave structure where Intermediate wave (A) ended at 1.29. Afterwards, the sideways consolidation to 1.2837 low ended Intermediate wave (B) as a triangle Elliott […]
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GBPNZD Elliott Wave View: Ending an Impulse Move
Read MoreGBPNZD short-term Elliott wave view suggests that the rally to 1.9758 on 4/26 high ended Intermediate wave (A). Down from there, Intermediate wave (B) remains in progress as a double three Elliott Wave structure. The internals of each leg in double three (WXY) sub-divides into 3 waves corrective sequence and usually is the combination of two […]
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CADJPY Elliott Wave View: Calling Strength Higher
Read MoreCADJPY Short Term Elliott Wave view suggests that the decline from 4/13 peak at 85.76 to 83.87 low ended Intermediate wave (2) as a double three Elliott Wave structure. The internal subdivision of the decline from 85.76 high shows an overlapping structure. This suggests the decline is corrective in nature. We label the correctin as W-X-Y. […]
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EURJPY Forecasting The Decline After Elliott Wave Flat
Read MoreHello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURJPY published in members area of the website. As our members know, the pair has been trading lately within Elliott Wave Flat structure. In further text we’re going to explain the forecast and Elliott Wave […]