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 […]

GBPUSD Elliott Wave short-term sequence from 3/01 low (1.3709) ended as a Leading Diagonal structure in Minor wave 1 at 1.4248 high in 5 waves. Down from there, the pair is correcting that cycle in Minor wave 2 pullback in 3, 7 or 11 swings before it resumes the upside. So far pair is showing […]

Current Elliott Wave view in EURUSD suggests that the pair remains in sideways triangle Elliott Wave structure between 1.2153 low and 1.255 high. Triangle is a consolidation structure with ABCDE label. It has no particular trend and is usually a continuation structure. Since the previous trend in EURUSD up to 1.255 high on 2.16.2018 is bullish, […]