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 Analysis: GBPUSD ended wave (4) correction
Read MoreGBPUSD Short Term Elliott Wave view suggests that pair ended Intermediate wave (2) at 1.33 on 16 December 2017. Up from there, Intermediate wave (3) rally is unfolding as 5 waves impulse Elliott Wave structure where Minor wave 1 ended at 1.3613, Minor wave 2 ended at 1.3456, Minor wave 3 ended at 1.3943, Minor wave 4 […]
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USDX Forecasting Decline & Selling rallies
Read MoreHello fellow traders. In this technical blog we’re going to take a quick look at the past Elliott Wave charts of Dollar Index USDX published in members area of www.elliottwave-forecast.com. As our members know, USDX have had incomplete bearish sequences in the cycle from the January peak, suggesting further decline. Consequently , we advised our members […]
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Elliott Wave Analysis: GBPUSD still within wave (3)
Read MoreGBPUSD Short Term Elliott Wave view suggests that the rally from 16 December 2017 low is unfolding as 5 waves impulse Elliott Wave structure. Up from 16 December 2017 low (1.33), Minor wave 1 ended at 1.3613, Minor wave 2 ended at 1.3456, Minor wave 3 ended at 1.3943, and Minor wave 4 ended at 1.3797. Minor […]
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Elliott Wave Analysis: GBPUSD doing an ending diagonal
Read MoreGBPUSD Short Term Elliott Wave view suggests that the pair rallies as 5 waves impulse Elliott Wave structure from 16 December 2017 low. Up from 16 December 2017 low (1.33), Minor wave 1 ended at 1.3613, pullback to 1.3456 ended Minor wave 2, rally to 1.3943 ended Minor wave 3, and Minor wave 4 ended at 1.3803. […]
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GBPUSD Elliott Wave Analysis: More Upside Expected
Read MoreGBPUSD Short Term Elliott Wave view suggests that rally from 16 December 2017 low is unfolding as 5 waves impulse Elliott Wave structure. Up from 16 Dec 2017 low (1.33), Minor wave 1 ended at 1.3613, Minor wave 2 ended at 1.3456, Minor wave 3 ended at 1.3943, and Minor wave 4 ended at 1.3803. Pair has […]
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NZDUSD Impulsive Elliott Wave Advance
Read MoreNZDUSD has been in a strong up trend since 11/17/2017 (0.6776) low. Pair has gained 7.7% since then advancing from a low of 0.6776 to a high of 0.7331 before backing off a bit from the highs. Advance from 0.6776 low is unfolding as an Impulse where blue wave (1) ended at 0.6945, blue wave […]