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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Elliott Wave Suggests Short Term Bullish Outlook in GBPJPY
Read MoreGBPJPY shows impulsive structure from 5.5.2023 low favoring more upside. This article and video look at the Elliott Wave path.
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Elliott Wave Forecast: $USDCHF Rally Should Fail for More Downside
Read MoreUSDCHF extends lower in impulsive structure and rally should fail in 3, 7, 11 swing. This article & video look at the Elliott Wave path.
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AUDJPY Resumes Lower in 7th Swing of Elliott Wave Double Three
Read MoreThe decline from 9.13.2022 high in $AUDJPY shows a 5 swing Elliott wave sequence suggesting further downside is likely. Near term, rally from 3.24.2023 low ended in 3 swing at 90.77. We labelled the rally as wave (B) as 1 hour chart below shows. Internal subdivision of the rally from 3.24.2023 low unfolded as a […]
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GBPCAD Another Blue Box Offered Another Buying Opportunity
Read MoreIn this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of GBPCAD. In which, the rally from the 10 February 2023 low unfolded as an impulse sequence and showed a higher high sequence with a bullish sequence stamp. Therefore, we knew that the structure in GBPCAD is incomplete & should […]
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EURAUD: Wave 2 Found Buyers At Blue Box Area
Read MoreHello Traders, in this article we will go through how EURAUD reacted higher after reaching a blue box area. Here at Elliott Wave Forecast we have in place a system that allows us to measure an area in which we can expect a react to take place. We call it equal legs area or blue […]
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Elliott Wave Suggests USDJPY May See Sellers Soon
Read MoreUSDJPY cycle from 3.23.2023 low is close to completion and pair can see sellers soon. This article and video look at the Elliott Wave path.