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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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 […]
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EURCAD Forecasting Rally & Buying Dips
Read MoreIn this technical blog we’re going to take a quick look at the past Elliott Wave charts of EURCAD published in members area of www.elliottwave-forecast.com. As our members know, EURCAD have had incomplete bullish sequences in the 4 Hour cycle, suggesting further strength . Consequently , we advised our members to avoid selling the pair and […]