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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Is USDPLN telling us the path of US Dollar?
Read MoreTraders rarely look at the chart of Poland Zloty (USDPLN) and perhaps few even know the existence of the pair. We at Elliottwave-Forecast.com look at a lot of instrument from forex, commodities, and Indices to get an edge in our forecast. The Zloty, along with the Czech crown, is the top performing currency in the […]
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EURAUD Elliott Wave Analysis 11.24.2017
Read MoreEURAUD Elliott Wave view suggests Intermediate wave (X) ended with the decline to 1.5057. The rally from there unfolded in 5 waves impulse Elliott Wave structure, and this means that while pullbacks stay above 1.5057 low, it could see further upside. Up from 1.5057, Minute wave ((i)) ended at 1.5234, decline to 1.5075 ended Minute wave ((ii)), Minute […]
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EURAUD Intra-Day Elliott Wave Analysis
Read MoreEURAUD Short Term Elliott Wave view suggests the decline to 1.5057 ended Intermediate wave (X). Up from there, the rally unfolded in 5 waves impulse Elliott Wave structure, suggesting that while pullbacks stay above 1.5057 low, pair could see more upside. Up from 1.5057, Minute wave ((i)) ended at 1.5234, Minute wave ((ii)) ended at 1.5075, Minute wave ((iii)) ended […]
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Will Germany’s Crisis Affect Euro Dollar?
Read MoreGermany suddenly found itself in a political turmoil on Monday after the month-long talk to form a three-coalition party between Angela Merkel’s conservative bloc (CDU/CSU), the pro-business Free Democractic Party (FDP) and environmentalists Greens has failed. The crisis definitely challenges the idea that Germany is the anchor of democratic stability in Europe. FDP walked out of the negotiations on […]
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EURAUD Elliott Wave Analysis 11/22/2017
Read MoreThe decline to 1.5057 in EURAUD ended Intermediate wave (X). Rally from there unfolded as a 5 waves impulse Elliott Wave structure, this as long as the pullbacks stay above 1.5057 low, pair could see further upside. Up from 1.5057, Minute wave ((i)) ended at 1.5234, pullback to 1.5075 ended Minute wave ((ii)), Minute wave ((iii)) ended at […]
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EURAUD Short Term Elliott Wave Analysis
Read MoreEURAUD Short-Term Elliott Wave view suggests that the decline to 1.5057 ended Intermediate wave (X). The rally from there appears to be unfolding as a 5 waves impulse Elliott Wave structure, suggesting that as long as the pullbacks stay above 1.5057, it could see further upside. Up from 1.5057, Minute wave ((i)) ended at 1.5234, Minute wave ((ii)) ended […]