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, […]
-
USDJPY Elliott Wave view: Double Correction
Read MoreShort term USDJPY Elliott wave view suggests the decline from 7/11 peak is unfolding as a double three Elliott wave structure. Decline to 108.71 low ended Minor wave W and Minor wave X bounce ended at 110.95 peak. Subdivision of Minor wave Y is unfolding as another double three structure of a lesser degree. Minute wave ((w)) […]
-
USDJPY Elliott Wave view: Resuming lower
Read MoreShort term USDJPY Elliott wave view suggest the decline from 7/11 peak is unfolding as a double three Elliott wave structure. Decline to 108.71 low ended Minor wave W and Minor wave X bounce ended at 110.95 peak. Subdivision of Minor wave Y is unfolding as a Zigzag structure. Minute wave ((w)) of ((Y) ended at 108.59 low […]
-
USDJPY Elliott Wave View: Turning Lower
Read MoreShort term USDJPY Elliott wave view suggest that the decline from 7/11 peak is unfolding as a double three Elliott wave structure. Decline to 108.71 low ended Minor wave W and Minor wave X bounce ended at 110.95 peak. Subdivision of Minor wave Y is unfolding as a Zigzag structure. Minute wave ((w)) of ((Y) ended at 108.59 […]
-
USDJPY Elliott Wave View: Ending bounce
Read MoreShort term USDJPY Elliott wave view suggest that the decline from 7/11 peak is unfolding as a double three Elliott wave structure. Decline to 108.71 low ended Minor wave W and correction of that cycle ended in a Minor wave X at 110.95 peak. Subdivision of Minor wave Y is unfolding as a Zigzag structure. Minute […]
-
USDX Elliott wave view: Double three
Read MoreShort term USDX index Elliott Wave view suggests that the decline to 8/02 (92.54) low ended intermediate wave (3) then the rally from there is unfolding as a a double three Elliott wave structure. As the structure from the 8/02 looks to be overlapping, hence suggesting it’s corrective structure, either W,X,Y or W,X,Y,Z. Where the first leg higher […]
-
EURGBP Elliott wave view: Zigzag structure
Read MoreIn this Technical blog we are going to take a quick look at the past 1 hour Elliott Wave performance of EURGBP cycle from July 14 low, which we presented to our clients at elliottwave-forecast.com. We are going to explain the structure from that cycle. EURGBP 1 Hour Elliott Wave Chart In this Technical blog, we are going to […]