New U.S. Sanctions Hurt Russia’s Ruble and Benchmark Index Last Friday, as part of the U.S. effort to punish Moscow for “malign activity around the globe”, the U.S Treasury Department targeted numerous Russian oligarchs, officials, and companies by freezing their assets under U.S. jurisdiction. In addition, the U.S. also prohibits U.S. citizens or entities from […]

Hello Fellow Traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURNZD published in members area of the website. We’re going to explain the forecast and Elliott Wave Pattern. Before we take a look at the real market expample of Expanded Flat, let’s explain it in […]

Today, we will have a look at some Elliott Wave charts of the EURGBP which we presented to our members in the past. Below, you can find our 1-hour updated chart presented to our members on the 03/27/18 calling for more downside after a Double Elliott wave correction in black ((w))-((x)). EURGBP ended the cycle from 03/07 […]

NZDUSD short term Elliott Wave view suggests that the decline to 0.715 low on March 21 ended Primary wave ((2)). Primary Wave ((3)) is in progress as a 5 waves where wave 1 of ((3)) is unfolding as a 5 waves diagonal Elliott Wave structure. A 5 waves diagonal is different than 5 waves impulse […]

USDJPY short term Elliott Wave view suggests that the decline to 104.54 low on March 26 ended Intermediate wave (3). Wave (4) correction is in progress as a double three Elliott Wave Structure. A double three is a 7 swing corrective structure with WXY label. In the case of USDJPY, minor wave W of (4) […]

NZD JPY has been rallying this week but the question remains if the down move is over and uptrend has resumed or this is just a corrective bounce within an incomplete downward Elliott wave swings sequence. We will take a look at the daily chart of NZD JPY to get an answer to this question […]